Selloff in Yen continues today, lifted by global benchmark treasury yields. US 10-year yields resumes the medium term up trend and breaches 2.1 handle. Germany 10-year yield is up at above 0.35, breaking above February’s Read more…
Alibaba and JD.com have slumped in recent days and are well off the highs. Here’s how to trade them from here. Chinese e-commerce stocks Alibaba (BABA) – Get Alibaba Group Holding Ltd. Report and JD.com (JD) Read more…
The three big cruise lines tend to follow each other when it comes to price increases. Working for a cruise line has never been an easy thing and the pandemic made that work even harder. Read more…
Russia is using patent and trademark courts to fight back against a coordinated effort by Western governments and companies to cripple the country’s economy. The U.S. and its allies have avoided confronting Russia militarily, relying Read more…
The Australian dollar continues to lose ground. After falling 0.91% on Friday, AUD/USD is down 0.68% on Monday and is trading at 0.7238. Earlier in the day, the Australian dollar dropped to 0.7222, its lowest Read more…
Risk mode on as Ukraine-Russia start fourth round of discussions While there is no clarity on what the positive assessments emerged from the latest Russian-Ukraine high-level talks are, markets continued to behave like the fourth-round Read more…
Young electric-vehicle maker Rivian has struggled to increase production rates. It is an understatement to say that Rivian is going through a tough period. The young electric-vehicle manufacturer has just poured cold water on investors’ Read more…
Daily Pivots: (S1) 116.48; (P) 116.92; (R1) 117.73; More… Intraday bias in USD/JPY remains on the upside for the moment. Current up trend from 102.58 should target 118.65 long term resistance next. Firm break there Read more…
Wood’s Ark Investment Management continues its buying and selling of stocks — mostly buying. Investment star Cathie Wood, Chief Executive of Ark Investment Management, continues her buying and selling of stocks — mostly buying — Read more…
Daily Pivots: (S1) 0.9310; (P) 0.9330; (R1) 0.9369; More…. Intraday bias in USD/CHF stays on the upside for 0.9372 resistance. Choppy rise from 0.8925 might be ready to resume. Break will target 0.9371. However, on Read more…