Cryptocurrencies
Edible Oils are Facing a Supply Crunch
Palm oil and soybean oil have long been used in cooking, but their growing use as a biofuel is causing a spike in demand. Edible oil prices have hit record highs this year driven by Read more…
Cryptocurrencies
Disney Earnings Preview: Disney+ Steaming Growth In Focus After Netflix Stumble
Disney needs to add more than 9 million streaming users each quarter in order to meet its September 2024 goal of between 230 million and 260 million global subscribers. Walt Disney (DIS) – Get The Read more…
Cryptocurrencies
Apple Stock Edges Higher Despite Cautious Smartphone Outlook From Supplier Foxconn
Foxconn, Apple’s main iPhone assembler, forecast muted smartphone revenues for its September quarter amid waning global demand. Foxconn, the world’s biggest electronics manufacturer and Apple Inc.’s (AAPL) – Get Apple Inc. Report most important supplier, posted Read more…
Cryptocurrencies
Tesla Stock Higher As Elon Musk Sells $6.9 Billion Shares, Citing Twitter Deal
“In the (hopefully unlikely) event that Twitter forces this deal to close *and* some equity partners don’t come through, it is important to avoid an emergency sale of Tesla stock,” Musk said. Tesla (TSLA) – Read more…
Cryptocurrencies
Stocks Steady, Inflation, Tesla, Coinbase And Disney Earnings In Focus – Five Things To Know
Stock futures edge higher as July inflation reading looms; Gas prices key for July inflation pullback; Tesla holds gains as Elon Musk unloads $6.9 billion in shares; Coinbase slumps after wider Q2 loss amid bitcoin Read more…
Cryptocurrencies
GBP/JPY Daily Outlook
Daily Pivots: (S1) 162.65; (P) 163.17; (R1) 163.70; More… Intraday bias in GBP/JPY stays neutral for the moment. Consolidation from pattern from 168.67 could extend further. On the upside, above 163.97 will turn bias to Read more…
Cryptocurrencies
EUR/JPY Daily Outlook
Daily Pivots: (S1) 137.44; (P) 137.87; (R1) 138.48; More…. Intraday bias in EUR/JPY remains on the upside as rebound from 133.38 is still in progress. Sustained trading above 55 day EMA (now at 138.44) will Read more…
Cryptocurrencies
EUR/GBP Daily Outlook
Daily Pivots: (S1) 0.8437; (P) 0.8450; (R1) 0.8471; More… Outlook in EUR/GBP stays bearish as long as 0.8585 resistance holds, even stronger recovery cannot be ruled out. On the downside, break of 0.8338 will resume Read more…
Cryptocurrencies
EUR/AUD Daily Outlook
Daily Pivots: (S1) 1.4603; (P) 1.4646; (R1) 1.4712; More… Intraday bias in EUR/AU stays neutral as sideway trading continues. While stronger recovery cannot be ruled out, upside should be limited below 1.4910 resistance to bring Read more…
Cryptocurrencies
EUR/CHF Daily Outlook
Daily Pivots: (S1) 0.9724; (P) 0.9745; (R1) 0.9764; More…. Range trading continues in EUR/CHF and intraday bias remains neutral. On the downside, firm break of 0.9697 will resume larger down trend to 0.9650 long term Read more…