‘While valuations in most markets have come down this year, only the U.S. looks increasingly expensive,’ Goldman said. U.S. stocks have outperformed most other global markets in recent years. But now we’re starting to look Read more…
The online trading platform will let its employees to remote work permanently, at a time when some big banks are asking their workforce to come back to the office. Online trading platform Robinhood (HOOD) – Read more…
Tilray expects to see $1 billion in revenue from Europe once legalization efforts come to fruition. Germany is the catalyst that could open up a whole continent of medical and recreational-cannabis revenue for Tilray (TLRY) Read more…
The Centers for Disease Control and Prevention has lifted its conditional sailing order and its director actually had something nice to say about the cruise lines. The pandemic hit the cruise industry about as hard Read more…
US commercial crude oil inventories dropped -4.6m barrels in the week ending January 7. At 413.3m barrels, crude oil inventories are about -8% below the five year average for this time of year. Gasoline inventories Read more…
The cryptocurrency recently traded at $43,799, up 6%. But it is still down more than a third from its Nov. 9 record high. Advocates of bitcoin are undaunted, even as the world’s biggest digital currency Read more…
GDP, industrial production and trade figures will be the first major set of data releases out of the UK in 2022 on Friday (07:00 GMT). However, as the data was collected before the Omicron variant Read more…
GBPJPY is lacking bullish impetus to conquer the immediate resistance barricade shaped by the 157.75 barrier and the more than five-year high of 158.20. That said, the simple moving averages (SMAs) are defending the three-week Read more…
The price for gold surged faster than expected, as the bullion broke through the upper trend line of the channel up pattern and reached the 1,823.50 level on Tuesday. Afterward, a consolidation down to the Read more…
As the USD/JPY currency exchange rate was testing the resistance of the descending January high levels near 115.50, the US Consumer Price Index data was published. Namely, on Wednesday, at 13:30 GMT, the US Consumer Read more…