One of Tesla’s electric vehicle rivals plans to bring the most affordable model to the market. Elon Musk’s leading electric vehicle company Tesla (TSLA) – Get Tesla Inc. Report has been the most dominant EV maker Read more…
The differences between the actions of monetary authorities in various developed countries are becoming increasingly apparent. Until we see real work by the governments and central banks of the USA, Japan, or the Eurozone to Read more…
The euro is unchanged today, as EUR/USD is trading at 1.0180 in the European session. Today’s economic calendar is very light, but there are a slew of developments today which could have an impact on Read more…
WTI oil price accelerates lower in European trading on Thursday (down 3.3% since Asian opening last night), after three-day recovery failed to sustain break above psychological $100 barrier. Oil prices came under pressure from renewed Read more…
“We’re expanding our customer base at an accelerated pace across our twin engines of growth – 5G and fiber,” said CEO John Stankey AT&T Inc. (T) – Get AT&T Inc. Report posted better-than-expected second quarter earnings Read more…
Spot gold extends weakness into second day as larger downtrend resumed after three-day consolidation and hit the lowest in one year on Thursday. The metal came under increased pressure on signals that major central banks Read more…
The USDJPY rises on Thursday, confirming reversal signaled by a hammer candle on Tuesday, after Wednesday’s Doji questioned fresh bulls. Bounce from correction low at 137.38 so far retraced over 61.8% of a shallow 139.39/137.38 Read more…
Momentum is clearly pointing lower for gold, but we’re keeping an eye on the monthly charts as we head into August due to a potential level of support. Gold has fallen below $1700 for the Read more…
United Airlines CEO Scott Kirby said the carrier faces rising fuel price and recession risk as well as “industry-wide operational challenges” that could challenge its profits over the next six to eighteen months. United Airlines Read more…
Stock futures edge lower with ECB rate decision in focus; Tesla jumps after Q2 earnings beat, 2022 delivery target pledge; United Airlines slides after Q2 earnings miss as fuel, staffing costs surge; Carnival slumps after Read more…