The misery continues for the Japanese yen, which has plummeted at the start of the week USD/JPY is trading at 124.62 in the European session, up 2.06%. BoJ move sinks yen USD/JPY broke above the Read more…
Slumping demand, surging inflation and supply chain disruptions are triggering production cuts in key Apple products, Nikkei reported Monday. Apple (AAPL) – Get Apple Inc. Report shares slumped lower Monday following a report from the Nikkei Read more…
Tesla, which last split its stock in August of 2020, will seek shareholder permission for another split at the company’s AGM later this year. Tesla (TSLA) – Get Tesla Inc Report shares jumped higher Monday after Read more…
While latest earnings were mixed, Real Money’s Stephen ‘Sarge’ Guilfoyle sees this company in a strong position as companies scramble to boost data protection. Russia’s invasion of Ukraine has put cybersecurity at the forefront as Read more…
Stock futures mixed as bond yields rise, oil prices tumble; Week Ahead: Jobs data in focus as recession signals flash red; Apple shares slump amid reports of iPhone production cuts; Tesla shares slip as Shanghai Read more…
EURUSD is edging lower toward the 1.0900 handle after bullish developments in the pair were unable to overpower the 1.1100 hurdle. The falling simple moving averages (SMAs) are endorsing the 10-month bearish trend from the Read more…
Welcome back to the new trading week, which may stay volatile due to the situation in Ukraine, EU inflation data, and US jobs figures on Friday. We see 10 years US notes still trading lower, Read more…
The price of crude oil continued rising on Monday morning as the war of words between the US and Russia escalated during the weekend. In a speech, Joe Biden said that Putin cannot remain in Read more…
Investing in 2022 has proved to be challenging for many investors. Inflation has been skyrocketing in almost all developed and emerging economies, central banks are racing towards raising interest rates, China continues to impose lockdowns Read more…
Gold could not find enough buyers to cross the key resistance of 1,959 last week, with the price tumbling to 1,933 early on Monday. The short-term bias is looking neutral-to-bearish as the RSI keeps fluctuating around its Read more…