Japan PMI Manufacturing dripped from 55.4 to 52.9 in February, below expectation of 55.0. PMI Services dropped sharply from 47.6 to 42.7, worst reading since May 2020. PMI Composite dropped from 49.9 to 44.6. Usamah Read more…
Australia PMI Manufacturing rose from 55.1 to 57.6 in February. PMI Services jumped from 46.6 to 56.4, an 8-month high. PMI Composite rose from 46.7 to 55.9, also an 8-month high. Jingyi Pan, Economics Associate Read more…
Key Highlights EUR/USD is consolidating above the 1.1300 level. A key contracting triangle is forming with resistance near 1.1365 on the 4-hours chart. GBP/USD is eyeing more upsides above 1.3620 and 1.3640. Gold price extended Read more…
After 1 year of muted and sideways movement, Gold looks to show some strength recently. Gold futures settled at $1900 an ounce for the first time since June last year. A threat of potential war Read more…
Bullish exposure continues to fall for the US dollar despite the Fed on the cusp of beginning their rate-hike cycle. Traders trimmed net-long exposure to the US dollar for a fifth consecutive week. According to Read more…
Donald Trump’s social media network Truth Social is reportedly set to launch Monday, President’s Day. Donald Trump has come up with a solution to being banned from Twitter (TWTR) – Get Twitter, Inc. Report and other Read more…
ARK ETFs bought shares of Roku, Zoom, Sea and Roblox Friday, but Ark also sold shares of Palantir. Star investor Cathie Wood, CEO of Ark Investment Management, keeps on catching the falling knives. She has Read more…
iPhone maker faces major problem as voices swirl over big bonus to CEO Tim Cook compared to worker wages. Apple (AAPL) – Get Apple Inc. Report is used to laurels. Most often we praise its sense Read more…
The popularity of digital currencies attracts hackers, but by observing basic rules it is possible to avoid having your crypto assets stolen. If you have purchased cryptocurrency or invested in crypto assets, recent media headlines Read more…
Hacks of crypto firms have exploded since January, which raises questions about the security of blockchain and web3 technologies. When the notorious cryptocurrency exchange Crypto.com, of which NBA superstar Lebron James has become the face, Read more…