At the start of Tuesday’s trading, gold was close to $1914, its highest level since June last year. However, we already saw a pullback under $1895 and a 0.45% drop. Interestingly, today’s opening gold rally Read more…
Russia’s accelerating incursion in Ukraine has global markets on the defensive Tuesday, with oil prices set to test the $100 mark for the first time since 2014. U.S. equity futures traded lower Tuesday, while oil Read more…
EURUSD made a sharp rise which is looking impulsive from 1.1121, so we assume that pair is bottoming and that more upside can be seen after a pullback. Support for current wave B can be Read more…
Global oil prices look set to test the $100 mark this week as the U.S. leads western leaders in mulling sanctions on the sale of Russian crude. Global oil prices raced towards the $100 per Read more…
Macy’s, which has been under activists’ pressure to spin-off its digital sales division, blasted Wall Street earnings forecasts and boosted its holiday quarter dividend by 5%. Macy’s (M) – Get Macy’s Inc Report posted stronger-than-expected fourth Read more…
Putin sends “peacekeepers” into eastern Ukraine Panicky investors? Risk-off market? The euro isn’t having any of it, as EUR/USD has jumped 0.38% on the day. The Ukraine crisis is escalating, but the euro received a Read more…
More people moved out of San Jose, Calif., than moved in during 2021. Here are the cities with the highest negative net migration. News stories of residents fleeing big cities like New York were prominent Read more…
NZDJPY has been printing lower highs and lower lows since October, trading beneath a downtrend line. The bulls have taken the wheel in recent sessions and are trying to break above this trendline. If they Read more…
BoE Deputy Governor Dave Ramsden said a speech, “personally I felt that the 0.5pp increase in Bank Rate would have been warranted in February, in line with a watchful and responsive approach to monetary policy”. Read more…
Stock futures pressured as Russian tanks rolls into Ukraine; Week Ahead: Retail earnings, consumer confidence in focus; oil prices surge as U.S. threatens sanctions; Trump’s ‘Truth Social’ app has bumpy Apple store debut and Elon Read more…