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Nasdaq 100 at new record, while Dow and CAC40 also move higher
Nasdaq 100 at new record, while Dow and CAC40 also move higher
Jun 6, 2024
Nasdaq 100, Dow Jones 30, CAC40 Analysis and Charts ​​​Nasdaq 100 at new record ​The index climbed to a new record high on Wednesday, rallying through the 19,000 level for the first time.​This follows on from a bounce from the lows of last week, when the price rallied from a low at 18,187, near the 50-day SMA. ​In the short...
US Dollar Sell
US Dollar Sell
Jun 6, 2024
US Dollar Sell-Off Stalls After Strong US ISM Services Report US ISM services data beats market forecasts.US dollar grabs a small bid but remains under pressure ahead of NFPs. Recommended by Nick Cawley Get Your Free USD Forecast The latest ISM services report shows US business activity in robust shape with the headline index beating forecasts and last month’s reading...
British Pound (GBP) Latest – GBP/USD and EUR/GBP Technical Outlooks
British Pound (GBP) Latest – GBP/USD and EUR/GBP Technical Outlooks
Jun 6, 2024
British Pound (GBP) Latest – GBP/USD and EUR/GBP Technical Outlooks Cable set to re-test 1.2818 as the US dollar fades.EUR/GBP is within 25 pips of hitting levels last seen in August 2022. Recommended by Nick Cawley How to Trade GBP/USD The US dollar, Euro, and the Japanese Yen have all been in the spotlight over the past few weeks while...
Dollar trades near two-month lows ahead of US unemployment claims data
Dollar trades near two-month lows ahead of US unemployment claims data
Jun 6, 2024
The dollar fell in European trade on Thursday against a basket of major rivals, resuming losses and approaching two-month lows once more as US 10-year treasury yields slowed down. Now investors await US unemployment claims data today, and the crucial payrolls report tomorrow to gather more clues on the economy. The Price The dollar index fell 0.2% today to 104.05,...
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Toyota Kirloskar to hike vehicle prices from January
Toyota Kirloskar to hike vehicle prices from January
Dec 15, 2021
Toyota Kirloskar Motor will increase prices across its entire product portfolio from January, in order to offset the impact of higher input costs. The company sells a range of models including Glanza, Urban Cruiser, Innova Crysta and Fortuner in the domestic market. Already, various companies including Maruti Suzuki, Tata Motors and Honda Cars have indicated that they would be increasing prices from next month.
Stock Market Highlights: Sensex ends 329 points lower, Nifty50 gives up 17,250; Bajaj twins down 3%, ITC 2%
Stock Market Highlights: Sensex ends 329 points lower, Nifty50 gives up 17,250; Bajaj twins down 3%, ITC 2%
Dec 15, 2021
Stock Market Highlights: Indian equity benchmarks Sensex and Nifty50 extended losses to the fourth session in a row on Wednesday, as investors globally turned cautious ahead of the outcome of the Fed's policy review.  Losses in financial, IT, oil & gas and metal shares pulled the headline indices lower, though gains in automobile stocks lent some support. Broader markets also weakened, with the midcap indices falling around half a percent each. Volatility index VIX rose 1.6 percent. HP Adhesives' IPO was fully subscribed within the first hour of bidding.
CLSA raises target price on M&M, here’s why
CLSA raises target price on M&M, here’s why
Dec 15, 2021
In our daily section, Standout Brokerage Report, we look at a report by CLSA on Mahindra & Mahindra stock. CLSA has sharply raised a target price on Mahindra & Mahindra to Rs 1,220 versus their earlier target price of Rs 1,090.
Stock Market Highlights: Sensex ends 166 points lower, Nifty slides to 17,325; ITC down 3%
Stock Market Highlights: Sensex ends 166 points lower, Nifty slides to 17,325; ITC down 3%
Dec 14, 2021
Stock Market Highlights: Indian equity benchmarks Sensex and Nifty50 extended losses to the third day in a row on Tuesday, tracking weakness across global markets amid renewed concerns about the Omicron variant of COVID-19. Gains in oil & gas, metal and healthcare shares were offset by losses in automobile and select financial stocks. Broader markets were mixed, with the Nifty Midcap 100 index ending 0.2 percent lower and its smallcap counterpart rising 0.2 percent. Anand Rathi Wealth shares made a strong debut in the secondary market, listing at a premium of more than nine percent over its issue price.
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MicroStrategy Announces Massive $460M Bitcoin Buy
MicroStrategy Announces Massive $460M Bitcoin Buy
Sep 20, 2024
MicroStrategy has just announced raising $1.01 billion in an upsized offering to convertible notes at 0.625% Coupon and 40% conversion Premium. The company detailed how it plans to use the funds in the press release itself, but Michael Saylor already jumped the gun and revealed a massive BTC buy. MicroStrategy has acquired 7,420 BTC for $458.2 million at $61,750 per...
Bitcoin Pumps to $64K, Fed Cuts Rates, Saylor Buys More BTC: This Week’s Recap
Bitcoin Pumps to $64K, Fed Cuts Rates, Saylor Buys More BTC: This Week’s Recap
Sep 20, 2024
Theres been no shortage of news over the past seven days. During this period, the total cryptocurrency market capitalization managed to add close to $140 billion. This happened on the back of significant gains charted by the majority of coins, so lets take a closer look. First things first, the long-anticipated rate cut is now a fact. The US Federal...
BTC, ETH Shot Up to 3
BTC, ETH Shot Up to 3
Sep 20, 2024
The cryptocurrency market saw some long-time coming revival after the United States Federal Reserve cut the interest rates on Wednesday for the first time in about four years. The two largest digital assets went on a run, jumping by roughly 10% in the past few days. BTC Price Rises Amid ETF Inflows The 11 spot Bitcoin ETFs have enjoyed investors...
Ex
Ex
Sep 20, 2024
Anthony Scaramucci, founder of the New York-based investment firm SkyBridge Capital, has revealed that he is working with Democratic presidential candidate Kamala Harris to draft crypto policies for her campaign. According to a CNBC report, Scaramucci made the revelation at the annual TOKEN2049 crypto conference on Thursday. He told a panel during the conference that several crypto advocates are currently...
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