Spot gold opened with a gap higher and edged higher on Monday, lifted by signals that some Western nations are planning to officially ban imports of gold from Russia, in extension to the package of Read more…
The Aussie Dollar started a fresh decline from the 0.7050 zone against the US Dollar. The AUD/USD pair tested the 0.6880 zone where the bulls took a stand. The pair is now correcting losses and Read more…
Stock futures higher as ‘bear market rally’ continues; Week Ahead: inflation back in focus as rate bets subside; G-7 leaders mull price cap on Russian crude; Nike shares higher ahead of Q4 earnings and Frontier Read more…
Crypto firm Celsius Network has suspended fund withdrawals and other transactions since June 12 and questions about its future persist. Nearly three weeks after Celsius Network suspended fund withdrawals and other operations from its platform, Read more…
Tesla CEO has not forgotten that President Joe Biden ignored the auto manufacturer for more than a year. Elon Musk holds a grudge against those who doubt or ignore Tesla (TSLA) – Get Tesla Inc. Read more…
From Elliott wave perspective, an impulsive five-wave drop from the highs suggests temporary top and new, higher degree three-wave (A)-(B)-(C) corrective pullback called a zig-zag correction. Currently we can see it finishing wave (A), so Read more…
The Dax 40 bounces back as falling commodity prices ease inflation fears. Sentiment remains downbeat after the index fell through May’s low at 13300. However, a break above 13400 may prompt sellers to lift their Read more…
Silver recoups some losses as the US dollar takes a breather. On the daily chart, the price has struggled to lift offers around the 30-day moving average, suggesting prevailing selling interest. A drop below 20.90 Read more…
The pound inched higher as Britain’s retail sales showed a smaller-than-expected contraction in May. The euros came under pressure at 0.8640 for lack of momentum. The bulls have sought support in the demand zone between Read more…
The maker of premium and high-end electric vehicles remains the market leader in electric vehicles but sees a threatening rival. Tesla (TSLA) – Get Tesla Inc. Report completely dominates the electric vehicle market. The figures Read more…