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​​​​​​​Nasdaq 100 and Dow struggle but Dax moves higher​​​​​​​
​​​​​​​Nasdaq 100 and Dow struggle but Dax moves higher​​​​​​​
Aug 8, 2024
​​​Nasdaq 100 fights to hold 200-day MA ​After rebounding on Tuesday the index fell back on Wednesday to the 200-day simple moving average (SMA), currently 17,831, and closed above this level. ​Early trading on Thursday has put further pressure on the price, though it is still above the 200-day SMA for the time being. A close below the 200-day would...
RBA Governor Stresses Optionality amid Risks to Inflation and Growth
RBA Governor Stresses Optionality amid Risks to Inflation and Growth
Aug 9, 2024
RBA, AUD/USD, GBP/AUD Analysis RBA Governor reiterates versatile approach amid two-sided risksAUD/USD fights back after RBA Governor Bullock highlights inflation worriesGBP/AUD declines after massive spike higher – rate cut bets revised lower Recommended by Richard Snow Get Your Free AUD Forecast RBA Governor Reiterates Versatile Approach Amid Two-Sided Risks RBA Governor Michele Bullock attended a question and answers session in...
Dovish BoJ Comments Stabilise Markets for Now, USD/JPY Rises
Dovish BoJ Comments Stabilise Markets for Now, USD/JPY Rises
Aug 7, 2024
BoJ, USD/JPY Analysis BoJ Deputy Governor issues dovish reassurance to volatile marketsUSD/JPY rises after dovish comments, providing temporary reliefBoJ minutes, Fed speakers and US CPI data on the horizon Recommended by Richard Snow Get Your Free JPY Forecast BoJ Deputy Governor Issues Dovish Reassurance to Volatile Markets Bank of Japan (BoJ) Deputy Governor issued comments that contrasted Governor Ueda’s rather...
Japanese Yen Latest – USD/JPY Stable as Japanese Rate Hike Bets Pushed Back
Japanese Yen Latest – USD/JPY Stable as Japanese Rate Hike Bets Pushed Back
Aug 8, 2024
Japanese Yen Latest – USD/JPY USD/JPY trading on either side of 146.00Inflation has shown steady progress towards target.The ‘likelihood of achieving the inflation target has increased further’ and further upward pressure is expected, according to the latest Bank of Japan Summary of Opinions. ‘Assuming that the price stability target will be achieved in the second half of fiscal 2025, the...
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US Stock Futures Flat Ahead of Powell Speech After Reaching Record Highs on Thursday
US Stock Futures Flat Ahead of Powell Speech After Reaching Record Highs on Thursday
Mar 22, 2024
08:24 AM EDT, 03/22/2024 (MT Newswires) -- US stock futures were flat in Friday's premarket session after equity indexes closed at record highs on Thursday, as investors awaited Federal Reserve Chairman Jerome Powell's speech, scheduled for 9:00 am ET. Powell will deliver the opening remarks at a Fed Listens event in Washington on the topic of transitioning to a post-pandemic...
US STOCKS-Futures tick up after Wall Street hits record highs
US STOCKS-Futures tick up after Wall Street hits record highs
Mar 22, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Futures up: Dow 0.04%, S&P 0.11%, Nasdaq 0.18% March 22 (Reuters) - U.S. stock index futures inched higher on Friday, setting Wall Street on course for strong weekly gains as investors cheered the Federal Reserve sticking to its rate-easing...
SNAPSHOT-India stocks, rupee, swaps, call at 3:30 p.m. IST
SNAPSHOT-India stocks, rupee, swaps, call at 3:30 p.m. IST
Mar 22, 2024
MUMBAI, March 22 (Reuters) - STOCKS: The benchmark BSE Sensex rose 190.75 points, or 0.26%, to 72,831.94, while the broader NSE index gained 66.1 points, or 0.30%, to 22,078.05, as IT sector bellwether Accenture's revenue warning offset optimism around U.S. Federal Reserve rate cuts. RUPEE: The Indian rupee weakened 0.33% versus the U.S. dollar, and quoted at 83.43 per dollar,...
Dell, TJX And 2 Other Stocks Insiders Are Selling
Dell, TJX And 2 Other Stocks Insiders Are Selling
Mar 22, 2024
The Nasdaq 100 closed higher by around 80 points on Thursday. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company's prospects or that they view the stock as being overpriced. Insider sales should not be taken as the only indicator for making an...
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Crude oil price forecast update 03-05-2024
Crude oil price forecast update 03-05-2024
May 3, 2024
Crude oil price resumes its negative trading to move away from 79.60$ level, reinforcing the expectations of the decline for the rest of the day, and the way is open to achieve our waited target at 77.65$, noting that breaking it will extend crude oil price losses to reach 75.25$ on the near-term basis, while the expected decline will remain...
Gold price forecast update 03-05-2024
Gold price forecast update 03-05-2024
May 3, 2024
Gold price resumes its negative trading clearly to approach our waited target at 2260.60$, and the way seems open to surpass this level and head towards the next correctional target that reaches 2207.80$, noting that breaching 2325.90$ will stop the correctional bearish trend and lead the price to attempt to regain the main bullish trend again. The expected trading range...
Uniti to merge with Windstream a decade after split
Uniti to merge with Windstream a decade after split
May 3, 2024
May 3 (Reuters) - Wireless tower owner Uniti Group ( UNIT ) said on Friday it would merge with telecom services provider Windstream Holdings, nearly a decade after their separation. Windstream spun off Uniti in 2015 and filed for bankruptcy four years later. The proposed deal offers Windstream shareholders $425 million in cash, $575 million of preferred equity and a...
Broadcom's Options: A Look at What the Big Money is Thinking
Broadcom's Options: A Look at What the Big Money is Thinking
May 3, 2024
Whales with a lot of money to spend have taken a noticeably bullish stance on Broadcom ( AVGO ). Looking at options history for Broadcom ( AVGO ) we detected 28 trades. If we consider the specifics of each trade, it is accurate to state that 39% of the investors opened trades with bullish expectations and 35% with bearish. From...
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Exxon, Abu Dhabi's ADNOC to partner in delayed Texas hydrogen project
Exxon, Abu Dhabi's ADNOC to partner in delayed Texas hydrogen project
Sep 4, 2024
HOUSTON (Reuters) - Abu Dhabi National Oil Company (ADNOC) will acquire a 35% equity stake in Exxon Mobil Corp's proposed low-carbon hydrogen project in Texas, with the companies announcing a one-year start-up delay until 2029. ADNOC's investment shows a sign of confidence in a multi-billion dollar project that Exxon has threatened to cancel if the U.S. government restricts tax credits...
Osisko Gold Royalties Providing Select Asset Updates
Osisko Gold Royalties Providing Select Asset Updates
Sep 4, 2024
08:10 AM EDT, 09/04/2024 (MT Newswires) -- Osisko Gold Royalties Ltd ( OR ) provided Wednesday some select asset updates. Among the projects cited were the Upper Beaver Project (operated by Agnico Eagle Mines Ltd. ( AEM )); the Shaakichiuwaanaan Project (operated by Patriot Battery Metals Inc. ( PMETF )); the Windfall Project (operated by the Windfall Mining Group); the...
Dick's Sporting Goods Fiscal Q2 Non-GAAP Earnings, Net Sales Rise; Fiscal 2024 EPS, Comparable Sales Growth Outlook Lifted
Dick's Sporting Goods Fiscal Q2 Non-GAAP Earnings, Net Sales Rise; Fiscal 2024 EPS, Comparable Sales Growth Outlook Lifted
Sep 4, 2024
07:57 AM EDT, 09/04/2024 (MT Newswires) -- Dick's Sporting Goods (DKS) reported fiscal Q2 non-GAAP earnings Wednesday of $4.37 per diluted share, up from $2.82 a year earlier. Analysts polled by Capital IQ expected $3.86. Net sales for the quarter ended Aug. 3 were $3.47 billion, compared with $3.22 billion a year earlier. Analysts surveyed by Capital IQ expected $3.43...
Market Chatter: OpenAI CEO's AI Infrastructure Plan to Reportedly Begin in US With 'Tens of Billions of Dollars' Investment
Market Chatter: OpenAI CEO's AI Infrastructure Plan to Reportedly Begin in US With 'Tens of Billions of Dollars' Investment
Sep 4, 2024
08:08 AM EDT, 09/04/2024 (MT Newswires) -- OpenAI Chief Executive Sam Altman's plans to build infrastructure for artificial intelligence, including machinery and systems, will begin in the US with an expected tens of billions of dollars investment, Bloomberg reported Tuesday, citing a person familiar with the matter. Altman's initiative aims to attract global investors to fund the building of data...
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Gary Gensler Lambasted as Most ‘Historically Destructive and Lawless’ SEC Chair
Gary Gensler Lambasted as Most ‘Historically Destructive and Lawless’ SEC Chair
Sep 25, 2024
On Sept. 24, Minnesota Representative Tom Emmer took aim at Gary Gensler over his “disastrous record” as Chairman of the SEC. The grilling came during a House Financial Services Committee congressional hearing. Emmer accused Gensler of expecting political allegiance from SEC staff, including civil servants; however, the SEC chair denied this claim despite email evidence to the contrary. “The way you...
Cardano Reaches 1
Cardano Reaches 1
Sep 25, 2024
TL;DR ADAs price surged to almost $0.40, potentially driven by positive metrics such as an increase in large transactions. However, its RSI recently spiked to 81, suggesting overbought conditions and a potential correction despite predictions of further rallies from analysts. ADAs Resurgence Cardanos ADA has been among the top-performing leading digital assets in the last 24 hours, with its price...
Shiba Inu (SHIB) Hits Another Major Milestone: Details
Shiba Inu (SHIB) Hits Another Major Milestone: Details
Sep 25, 2024
TL;DR Shibarium has processed over 7 million blocks, signaling growth in the Shiba Inu ecosystem. SHIBs price has risen 14% weekly, supported by reduced supply on exchanges and a sharp increase in token burns. Making the Headlines Again Shiba Inus layer-2 blockchain solution Shibarium took center stage today (September 25) due to reaching yet another important target. Data shows that...
Here’s How Solana Can Reach 50% of Ethereum’s Market Cap: VanEck Research
Here’s How Solana Can Reach 50% of Ethereum’s Market Cap: VanEck Research
Sep 25, 2024
Ethereum used to dominate almost all non-Bitcoin blockchain sectors in the industry but has gradually lost some of its grip over certain markets to competitors like Solana. VanEcks research department, MarketVector, decided to delve deep into the battle between the two layer-1 behemoths to see whats what. Solana Vs. Ethereum The report, authored by Martin Leinweber, highlights some major differences...
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