The USDJPY extends its steep ascend on Monday, following nearly 1% rise on Friday, the biggest daily advance since November 2020. Fresh acceleration (0.5% up until early US session on Monday) cracked 118.00 barrier, opening Read more…
The Russian ruble is strengthening significantly, by 10%, to 118.8 on forex at the start of the new week. The growth momentum comes with signals from the presidents of Russia and Ukraine that negotiations are Read more…
Several factors combined to cause Chinese stocks to slip, as they continued their downturn of more than a year. Chinese stocks trading in the U.S. tumbled Monday, after Chinese stocks listed on the Hong Kong Read more…
Apple stock is pulling back for the third straight day after news from Foxconn. Here are the support and resistance levels to know now. Apple (AAPL) – Get Apple Inc. Report stock is one to watch. Read more…
Markets: New Chinese lockdowns sent main Chinese stock markets more than 3% lower, but didn’t translate in a general risk-off setting in Europe. The empty eco calendar did provide little guidance neither. Main European equity Read more…
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…