Last week saw risk assets climb, with the S&P 500 gaining 1.6% as investors rushed to buy the latest dip in equities. The better-than-expected U.S. January jobs report and overall positive earnings encouraged risk-taking. Still, Read more…
The major currency pair skyrocketed last week. However, the pair has already slowed down a little bit and right now is balancing at 1.1432. Last Friday, financial markets got additional signals in favour of a Read more…
Hasbro looks to bounce back from its Disney contract loss to rival Mattel with solid fourth quarter earnings and a modest dividend boost. Hasbro (HAS) – Get Hasbro, Inc. Report shares jumped higher Monday after the Read more…
Ford, which has lost nearly $30 billion in market value over the past three weeks, will idle more north American plants as the global chip shortage continues to weigh on production. Ford (F) – Get Read more…
EURNZD halted its impressive rally at a 15-month high of 1.7357 on Friday and near the top line of the upward-sloping channel, which has been navigating the market since the slide to a three year low of Read more…
Spotify CEO Daniel Elk apologized to employees for the latest controversy surrounding Joe Rogan, but said silencing the popular podcaster is a “slippery slope”. Spotify (SPOT) – Get Spotify Technology SA Report shares were on the Read more…
AUDUSD looks to be forming a roof around the 0.7100 psychological level, which is also the 38.2% Fibonacci retracement level of the down leg from 0.7313 to 0.6966. The RSI and the MACD seem to have Read more…
USD came slightly higher at the end of the week after better than expected US jobs figures (467k), but this may not stop euro from rising which has been the most attractive after some hawkish Read more…
The Australian dollar has started the week with gains. In the European session, AUD/USD is trading at 0.7091, up 0.26% on the day. It was shaping up to be a banner week for the Aussie, Read more…
Amazon and Nike are reportedly eyeing a potential takeover of connected fitness equipment maker Peloton, sending shares sharply higher in pre-market trading. Peloton (PTON) – Get Peloton Interactive, Inc. Class A Report shares surged higher Monday Read more…