Tesla’s February China sales were down 5.6% from the previous month, but held at impressive levels when compared to last year as the Shanghai plant continues to meet the bulk of Europe’s rising demand. Tesla Read more…
Eurozone Q4 GDP growth was finalized at 0.3% qoq while employment grew 0.5% qoq. For 2021 as a whole, GDP grew 5.3%. GDP was 0.2% above pre-pandemic level in Q4 2019. EU Q4 GDP growth Read more…
The Australian dollar continues to show strong volatility. After posting gains of 2% last week, AUD/USD has reversed directions and given up half of these gains early in the week. There are two factors which Read more…
The dollar tightens grip and extends advance against yen into the second day, heading towards the top of three-week congestion at 115.80. Improving technical studies on daily chart (north-heading 14-d momentum is emerging into positive Read more…
Stock futures bounce from correction lows, oil extends surge; Gold tops $2,000 as commodity prices soar; Gas prices hit record high, surge may last ‘for months’; Bitcoin edges higher ahead of Biden Executive order on Read more…
The Euro edged higher in early European trading on Tuesday, after hitting a 22-month low (1.0806) on Monday. Upbeat German January industrial production data and a dash of optimism, as clashes in Ukraine, eased and Read more…
BTC is holding at $38K for the second day in a row, remaining 12% below the levels it reached a week earlier. Ethereum lost 1.3% over the past day, other leading altcoins from the top Read more…
While the world discusses the prospect of an embargo on Russian oil and gas, the absolute madness is in metals. In many of them, Russia has a pretty significant share, and investors fear a ban Read more…
GBPUSD is confronting the lower part of the 1.3105-1.3200 buffer zone, which has defended the broader positive structure since November 2020. The longer-term 100- and 200-day simple moving averages (SMAs) are endorsing a bearish trend, Read more…
Gold staged another exciting bullish run early on Tuesday to finally re-enter the 2,000 level after almost two years since its pandemic peak. Particularly, the price is currently testing the resistance zone of 2,020 from August 2020, making Read more…