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Category: Investments

Cryptocurrencies

CVS Health Tops Q1 Earnings Forecast, Boosts 2022 Profit Guidance On Aetna Strength

“Our strategy improves access to affordable, convenient and personalized health care, which benefits consumers and shareholders,.” said CEO Karen Lynch. CVS Health Corp.  (CVS) – Get CVS Health Corporation Report posted better-than-expected first quarter earnings Wednesday, Read more…

By , 4 years ago May 4, 2022
Cryptocurrencies

GBP/USD Outlook: Post-Fed Bearish Continuation is Likely Scenario, But Traders Remain Cautious

Cable is trading in a very quiet mode in early Wednesday, ahead of key event of the day – FOMC rate decision. The pair is holding at the lower side of the near-term consolidation range, Read more…

By , 4 years ago May 4, 2022
Cryptocurrencies

Stocks Higher, Fed In Focus, Starbucks, AMD And Lyft – Five Things You Must Know

Stock futures higher ahead of fed, oil surges on EU Russia export ban; Fed in focus: rate hike path tested by slowing growth, asset price slump; Starbucks shares jump as north American sales offset China Read more…

By , 4 years ago May 4, 2022
Cryptocurrencies

EURGBP Portrays Feeble Bullish Tone, Broader Bias Neutral

EURGBP is trading between the supporting mid-Bollinger band and its capping upper Bollinger band, struggling to sustain its upside vibe north of its rising 50-period simple moving average (SMA). The 200-period SMA, which has stabilized Read more…

By , 4 years ago May 4, 2022
Cryptocurrencies

Dollar’s Make-or-Break Point

The dollar is near the extremes of the world’s most popular currencies. The dollar index is near the peaks of March 2020 and January 2017. Investors and traders have pushed the dollar to a vital Read more…

By , 4 years ago May 4, 2022
Cryptocurrencies

Eurozone retail sales dropped -0.4% mom in Mar, EU down -0.2% mom

Eurozone retail sales dropped -0.4% mom in March, worse than expectation of -0.2% mom. Volume of retail trade decreased by -2.9% for automotive fuels, and by -1.2% for non-food products, while it increased by 0.8% Read more…

By , 4 years ago May 4, 2022
Cryptocurrencies

The Culmination of Battle for Trend in Bitcoin

Bitcoin fell 1.8% on Tuesday, ending the day around $37,700 and temporarily below a meaningful support line. Notably, it was a cryptocurrency selloff as stock indices developed gains. The demand for risk recovery has likely Read more…

By , 4 years ago May 4, 2022
Cryptocurrencies

Crude Oil Price Stable ahead of OPEC+ Meeting

US stocks made some gains on Tuesday as investors continued focusing on the upcoming Fed decision. The Dow Jones rose by over 300 points while the Nasdaq 100 and S&P 500 indices added over 0.50%. Read more…

By , 4 years ago May 4, 2022
Cryptocurrencies

Ultra-Hawkish Fed Could Heap More Pain Onto Markets

Money markets have fully priced in a 50 basis-point hike by the FOMC at its meeting today. Anything else could send shockwaves across asset classes. The announcement of a start date to the Fed’s quantitative Read more…

By , 4 years ago May 4, 2022
Cryptocurrencies

Eurozone PMI composite finalized at 55.8, surprisingly resilience in face of war

Eurozone PMI Services was finalized at 57.7 in April, up from March’s 55.6, an 8-month high. PMI Composite was finalized at 55.8, up from March’s 54.9, a 7-month high. Looking at some member states, France Read more…

By , 4 years ago May 4, 2022

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