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Oil Update: Russia
Oil Update: Russia
Mar 23, 2024
Brent Crude Oil News and Analysis Over 150 missiles and drones fired in latest attack on UkraineOil prices ease into the weekend despite attacks on energy infrastructureIG client sentiment focuses on recent changes in positioning to arrive at bearish biasThe analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our...
Gold IG Client Sentiment: Our data shows traders are now net
Gold IG Client Sentiment: Our data shows traders are now net
Mar 25, 2024
Number of traders net-short has decreased by 16.42% from last week. SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OI Gold BEARISH 50.43% 49.57% 11.14% Daily7.51% Weekly 6.18% Daily-16.42% Weekly 8.62% Daily-5.85% Weekly Gold Bearish Data provided by of clients are net long. of clients are net short. Change in Longs Shorts OI Daily 11% 6% 9% Weekly 8% -16% -6%...
Markets Week Ahead: Gold Overreacts, Sterling Sinks and USD Advances
Markets Week Ahead: Gold Overreacts, Sterling Sinks and USD Advances
Mar 25, 2024
Gold Whipsaws and Signals a Potential Momentum Shift The precious metal rose phenomenally in the wake of the FOMC meeting and updated summary of economic projections. The US dollar acted as the release valve for all the hawkish sentiment that had been priced into the market. US activity, jobs and inflation data printed on the higher side of estimates in...
Yen Update: USD/JPY Dips after BoJ Minutes, Concern over Volatile Moves
Yen Update: USD/JPY Dips after BoJ Minutes, Concern over Volatile Moves
Mar 25, 2024
Japanese Yen (USD/JPY) Analysis BoJ minutes extend the ‘carry trade’ as officials rule out rapid rate hikesLike clockwork, Japan’s top currency diplomat voices dissatisfaction with recent yen volatility, weaknessIG Client sentiment ‘mixed’ despite massive short positioningThe analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our comprehensive education library BoJ...
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Japanese shares rally hard after biggest sell-off since 1987 Black Monday crash
Japanese shares rally hard after biggest sell-off since 1987 Black Monday crash
Aug 6, 2024
TOKYO (Reuters) -Japanese stocks rebounded sharply on Tuesday from the previous session's searing sell-off and double-digit losses as Federal Reserve comments and data gave investors pause in their concerns over equity valuations and a possible U.S. recession. The benchmark Nikkei's rally, after the market's biggest single day rout since the 1987 Black Monday crash, came as the yen reversed its...
Taiwan stocks rebound after plunge, but gains pared
Taiwan stocks rebound after plunge, but gains pared
Aug 5, 2024
TAIPEI, Aug 6 (Reuters) - Taiwan stocks retreated from early strong gains on Tuesday morning amid lingering concerns over the outlook for the U.S. economy and tech companies following a record plunge a day earlier. The main index jumped more than 4% in early trade to as high as 20,640.44 points, but quickly pared those gains to be up around...
Euro zone bond yields higher as data soothes US recession worries
Euro zone bond yields higher as data soothes US recession worries
Aug 5, 2024
LONDON, Aug 6 (Reuters) - Germany's 10-year bond yield continued to rise from its seven-month low reached the day before as firmer U.S. data helped ease worries about an imminent recession and Japanese equity markets made a roaring comeback. Germany's 10-year yield was last up 3 basis points (bps) at 2.212%, having touched 2.074% on Monday, its lowest since Jan....
Analysis-Aftershocks of carry trade at heart of market rout could still have reverberations
Analysis-Aftershocks of carry trade at heart of market rout could still have reverberations
Aug 5, 2024
NEW YORK (Reuters) - Investors said the aftershocks of a massive carry trade that has reverberated through global financial markets wasn't done yet, with more unwinding in the days ahead raising the risk of shake-outs to other assets. The Nasdaq Composite and the S&P 500 trimmed losses by the close on Monday, capping off a brutal three-day selloff while Tokyo...
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China goes ape over culture-boosting 'Black Myth: Wukong' video game
China goes ape over culture-boosting 'Black Myth: Wukong' video game
Aug 20, 2024
BEIJING, Aug 21 (Reuters) - Chinese state media threw its back behind China's most successful single-player video game to date, saying its adaptation of the Ming dynasty epic Journey to the West would force Western players to learn more about the country's culture. Black Myth: Wukong, based on a mythological monkey king from a Chinese literary classic who can shape-shift...
Spotlight on Lumen Technologies: Analyzing the Surge in Options Activity
Spotlight on Lumen Technologies: Analyzing the Surge in Options Activity
Aug 20, 2024
Deep-pocketed investors have adopted a bearish approach towards Lumen Technologies ( LUMN ) , and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in LUMN usually suggests something big is about to happen. We gleaned this information...
Japan's July exports growth lags expectations, volumes fall again
Japan's July exports growth lags expectations, volumes fall again
Aug 20, 2024
TOKYO (Reuters) - Japan's exports rose at a slightly slower pace than expected in July and shipment volumes extended their declines, data showed on Wednesday, adding to some doubts about the outlook for an economy that has only just started to pick up the recovery pace. The outcome follows separate data last week that showed Japan's economy rebounded strongly in...
Deep Dive Into Corning Stock: Analyst Perspectives (22 Ratings)
Deep Dive Into Corning Stock: Analyst Perspectives (22 Ratings)
Aug 21, 2024
In the preceding three months, 22 analysts have released ratings for Corning , presenting a wide array of perspectives from bullish to bearish. The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 6...
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Govt blames inaction by AAP in Punjab, Delhi for bad air quality
Govt blames inaction by AAP in Punjab, Delhi for bad air quality
Nov 6, 2023
Accusing Kejriwal of being busy with election campaigning in poll-bound states and waking up to the situation late, Minister of State for Consumer Affairs, Food, and Public Distribution, Ashwini Kumar Choubey, said that the Centre had held a meeting with Chief Secretaries and senior officials from four North Indian states on 20th October to discuss measures to reduce air pollution, which he claims weren't adopted by the AAP-led governments.
What is the debate over Biodiversity Bill, likely to be tabled in monsoon session of Parliament
What is the debate over Biodiversity Bill, likely to be tabled in monsoon session of Parliament
Jul 12, 2023
The new bill exempts registered AYUSH practitioners and people accessing codified traditional knowledge, from sharing benefits with local communities or giving prior intimation to state biodiversity boards before accessing biological resources.
Lok Sabha passes Forest (Conservation) Amendment Bill — All you need to know
Lok Sabha passes Forest (Conservation) Amendment Bill — All you need to know
Jul 11, 2023
Activists have contended that words like "ecotourism facilities" and "any other purposes" are too vague and may pave the way for widespread exploitation and misuse.
Brahmapuram waste plant fire: Kerala Assembly witnesses uproarious scenes, LoP says CM running away from issue
Brahmapuram waste plant fire: Kerala Assembly witnesses uproarious scenes, LoP says CM running away from issue
Mar 13, 2023
A fire that broke out at the waste treatment plant in Kochi on March 2, 2023, continues to spread toxic fumes even after 11 days of the incident. The Kerala government has said that 95 percent of the fire has been extinguished, but the smoke from the landfill has not entirely subsided. 
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Apple's board recommends shareholders vote against proposal to eliminate diversity programs
Apple's board recommends shareholders vote against proposal to eliminate diversity programs
Jan 11, 2025
(Reuters) - Apple's ( AAPL ) board of directors recommended investors vote against a shareholder proposal to abolish the company's Diversity, Equity, and Inclusion (DEI) programs, according to a proxy filing from the company. The National Center for Public Policy, a conservative think tank, submitted a proposal that the company consider abolishing its Inclusion & Diversity program, policies, department and...
Biden admin delays enforcement of order blocking Nippon Steel, US Steel deal
Biden admin delays enforcement of order blocking Nippon Steel, US Steel deal
Jan 11, 2025
WASHINGTON (Reuters) -The Biden administration will hold off enforcing a requirement laid out in an executive order this month that Nippon Steel ( NISTF ) abandon its $14.9 billion bid for U.S. Steel , the companies said on Saturday. U.S. President Joe Biden blocked Nippon Steel's ( NISTF ) planned acquisition of U.S. Steel on national security grounds on Jan....
Do I need a Realtor to buy a house?
Do I need a Realtor to buy a house?
Jan 11, 2025
Key takeaways It is possible to buy a home without a real estate agent, but the vast majority of homebuyers do work with one. Buyers who go it alone may save some money in commissions. However, there are serious downsides and risks to consider. While it used to be that sellers paid the homebuyer's agent, a recent industry change means...
Apple's board recommends shareholders vote against proposal to eliminate diversity programs
Apple's board recommends shareholders vote against proposal to eliminate diversity programs
Jan 11, 2025
Jan 11 (Reuters) - Apple's ( AAPL ) board of directors recommended investors vote against a shareholder proposal to abolish the company's Diversity, Equity, and Inclusion (DEI) programs, according to a proxy filing from the company. The National Center for Public Policy, a conservative think tank, submitted a proposal that the company consider abolishing its Inclusion & Diversity program, policies,...
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Huge Shiba Inu (SHIB) Upgrade Imminent: Details
Huge Shiba Inu (SHIB) Upgrade Imminent: Details
Nov 3, 2024
TL;DR Shibarium is set for a new upgrade promising exclusive events, rewards, and enhanced utility for future expansion. SHIB rallied 9.5% daily as meme coins gain momentum, with other top performers including DOGE, WIF, and PEPE. Big Things on the Way Shiba Inus layer-2 blockchain solution Shibarium saw the light of day last summer with the main purpose of fostering...
BlackRock Bitcoin ETF Sees Huge $640M Inflow as BTC Topped $73K
BlackRock Bitcoin ETF Sees Huge $640M Inflow as BTC Topped $73K
Nov 3, 2024
The BlackRock iShares Bitcoin Trust (IBIT) recorded a whopping $642.9 million in inflows on Oct. 29, according to Farside data. It is the largest inflow since March 12 bringing the total net inflow for all funds to $870.1 million, the highest since June 4. Bloomberg ETF analyst Eric Balchunas observed that the fund also saw its largest trading volume day...
As Bitcoin Nears Record Highs, $500B Missing from Altcoin Markets
As Bitcoin Nears Record Highs, $500B Missing from Altcoin Markets
Nov 3, 2024
The last two times bitcoin prices made new all-time highs, total crypto market capitalization was around $3 trillion. On Nov. 10, 2021, the metric topped $3 trillion when BTC hit its cycle peak of $69,000. Total capitalization also neared the $3 trillion mark in March this year when the asset made its all-time high of $73,738. However, as BTC closes in...
Riot Achieves $84.8M Revenue Boost in Q3 2024, But Future Hash Rate Capacity Predictions Revised Lower
Riot Achieves $84.8M Revenue Boost in Q3 2024, But Future Hash Rate Capacity Predictions Revised Lower
Nov 3, 2024
Bitcoin mining firm Riot recorded $84.8 million in revenue in the third quarter of 2024, representing a 65% increase over the same quarter in 2023. This growth can be attributed to the 159% year-over-year increase in deployed hash rate which reached 28 EH/s by the end of the quarter. Riots Q3 Financial Results According to the official press release, the...
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