Following the Russian invasion of Ukraine, we are experiencing an event risk environment with a higher probability of price gaps that can go up or down quickly. Traders are looking at implied volatility based on Read more…
Tesla’s Shanghai factory, which has been closed since March 28, could face further re-opening delays as city authorities extend their Covid lockdown rules. Tesla (TSLA) – Get Tesla Inc Report shares edged lower Tuesday as authorities Read more…
BTC was down 0.2% on Monday, ending the day near $46,300. Since the start of Tuesday, the first cryptocurrency has strengthened by 1% to $46.7K. Over the past 24 hours, Ethereum has gained 0.6%, as Read more…
EURJPY is consolidating around the 135.00 handle after its recent pullback and has found its feet around the 134.44 level, which is the 23.6% Fibonacci retracement of the one-month rally from 124.38 until the 6½-year Read more…
Stock futures edge lower as traders test ‘bear market’ rally; Oil prices resume surge as Russian sanctions talk intensifies; Twitter shares extend surge as Musk wades in to ‘edit button’ debate; Tesla shares slip as Read more…
As interest rates, inflation and war in Europe prey on investors minds, here’s a look at stocks Real Money and TheStreet columnists and writers are watching closely this week. With the start of the second Read more…
UK PMI Services was finalized at 62.6 in March, up from February’s 60.5. Rate of expansion was the second strongest since May 1997, exceeded only by the post-lockdown recovery in May 2021. PMI composite was Read more…
Eurozone PMI Services was finalized at 55.6 in March, up from February 55.5, hitting a 4-month high. However, PMI Composite was finalized at 54.9, down from prior month’s 55.5. Looking at some member states, Ireland Read more…
GBPUSD is developing near the 20-day simple moving average (SMA) and below the significant barrier of the 23.6% Fibonacci retracement level of the down leg from 1.3750 to 1.3000 at 1.3175. Over the last month, Read more…
The Reserve Bank Board has abandoned its patient approach to policy and given itself sufficient flexibility to raise rates as early as June. This decision will depend on the data over the next two months. Read more…