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Dow Surges and Nikkei 225 Moves Higher, but Nasdaq 100 Continues to Drop Back​​​​​​
Dow Surges and Nikkei 225 Moves Higher, but Nasdaq 100 Continues to Drop Back​​​​​​
Jun 25, 2024
Dow Jones 30, Nasdaq 100, Nikkei 225 Analysis and Charts ​​​Dow Jones at one-month high ​The index continues its strong performance, hitting its highest monthly level on Monday.​The 40,000 highs from April and May now loom large, and a close above these will take the price to new record highs. The price established a higher low at the end of...
Dollar resumes gains ahead of US sentiment data
Dollar resumes gains ahead of US sentiment data
Jun 25, 2024
The US dollar rose in European trade on Tuesday, resuming gains and almost touching seven-week highs ahead of important US data on housing prices and consumer sentiment. The data will reveal important clues on the future path of US interest rates and monetary policy this year. The Price The dollar index rose 0.1% today to 105.59, with a session-low at...
Taking Stock: S&P 500 Quarterly Performance and Market Breadth Observations
Taking Stock: S&P 500 Quarterly Performance and Market Breadth Observations
Jun 25, 2024
SP 500 Analysis SP 500 sector performance thins out – major advances seen in handful of sectorsPopular measure of market breadth has dropped slightly but raises no alarm bellsSP 500 to retest last week’s Psychological BarrierThe analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our comprehensive education library Recommended...
Yen moves in a positive zone away from the 160 barrier
Yen moves in a positive zone away from the 160 barrier
Jun 25, 2024
Yen rose in Asian trade for the second session against the US dollar away from two-month lows, thus moving away from the 160 barrier. The 160 barrier has become a red line for the Bank of Japan, around which itll intervene directly in the forex market to prop up the local currency. The latest recovery is also boosted by a...
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Investors Look Toward Key Inflation Data as US Futures Trend Higher in Premarket
Investors Look Toward Key Inflation Data as US Futures Trend Higher in Premarket
Jan 15, 2025
08:06 AM EST, 01/15/2025 (MT Newswires) -- US stock futures are rising in Wednesday's premarket session as investors anxiously await key inflation data this morning. Dow Jones Industrial Average futures were up 0.41%, S&P 500 futures were rising 0.34%, and Nasdaq futures were moving 0.38% higher. Oil prices were moving higher, with front-month global benchmarks Brent crude and West Texas...
TREASURIES-US yields drop after inflation data
TREASURIES-US yields drop after inflation data
Jan 15, 2025
NEW YORK, Jan 15 (Reuters) - U.S. Treasury yields fell on Wednesday after data showed headline inflation in the world's largest economy rose marginally above forecasts in December, while the core number came in as expected. U.S. 10-year yields extended their fall after the data and was last down 8.6 basis points (bps) at 4.702%. The U.S. two-year yield, which...
EIA Sees Global Oil Prices Falling in 2025, 2026 as Production Outpaces Demand; U.S Oil Production Seen Advancing Slightly This Year and Stagnant in 2026
EIA Sees Global Oil Prices Falling in 2025, 2026 as Production Outpaces Demand; U.S Oil Production Seen Advancing Slightly This Year and Stagnant in 2026
Jan 15, 2025
06:21 AM EST, 01/15/2025 (MT Newswires) -- Global oil prices are likely to fall this year and next as production outpaces demand, the U.S. Energy Information Administration said in its Short-Term Energy Outlook released on Tuesday. The agency sees the Brent crude spot price falling 8.6% this year to an average of $74 per barrel from $81 per barrel in...
US STOCKS SNAPSHOT-Futures rise after December CPI data
US STOCKS SNAPSHOT-Futures rise after December CPI data
Jan 15, 2025
Jan 15 (Reuters) - U.S. stock index futures extended gains on Wednesday as investors assessed a broadly in-line consumer inflation report to gauge its effect on the Federal Reserve's monetary policy easing this year. Data from the Labor Department showed the consumer price index rose 2.9% on an annual basis in December 2024, in line with the expectations of economists...
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Where Salesforce Stands With Analysts
Where Salesforce Stands With Analysts
Mar 21, 2024
Ratings for Salesforce ( CRM ) were provided by 25 analysts in the past three months, showcasing a mix of bullish and bearish perspectives. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total...
Protocol Village: Fluence's 'Cloudless Platform' Goes Live as Alternative to AWS, Google Cloud
Protocol Village: Fluence's 'Cloudless Platform' Goes Live as Alternative to AWS, Google Cloud
Mar 21, 2024
March 21 (PROTOCOL VILLAGE EXCLUSIVE): The team behind Fluence network, which describes itself as a decentralized serverless platform and computing marketplace powered by blockchain economics, announced that the Fluence Cloudless Platform is now live, offering a cloudless and decentralized alternative to enterprise cloud computing providers such as AWS and Google Cloud, according to the team: The platform leverages a decentralized...
Analyst Ratings For Fabrinet
Analyst Ratings For Fabrinet
Mar 21, 2024
Fabrinet ( FN ) has been analyzed by 4 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish...
Apple accused of monopolizing smartphone markets in US antitrust lawsuit
Apple accused of monopolizing smartphone markets in US antitrust lawsuit
Mar 21, 2024
WASHINGTON, March 21 (Reuters) - The U.S. Department of Justice and 15 states on Thursday sued Apple ( AAPL ), alleging it used the powerful demand for its iPhone and other products to drive up prices for its services and hurt smaller rivals in the first major antitrust effort against the smartphone maker by the Biden administration. Apple ( AAPL...
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Oil eases on possible Gaza ceasefire, dollar strength
Oil eases on possible Gaza ceasefire, dollar strength
Mar 21, 2024
SINGAPORE (Reuters) -Oil prices slipped on Friday on the possibility of a nearing Gaza ceasefire that could ease geopolitical concerns in the Middle East, while a stronger dollar and faltering U.S. gasoline demand also weighed on prices. Brent crude futures fell 42 cents, or 0.5%, to $85.36 a barrel by 0203 GMT. U.S. crude futures shed 40 cents, or 0.5%,...
Ecopetrol's Reficar refinery awarded nearly 20% of McDermott common capital, company says
Ecopetrol's Reficar refinery awarded nearly 20% of McDermott common capital, company says
Mar 21, 2024
BOGOTA, March 21 (Reuters) - The Reficar oil refinery belonging to Colombia's Ecopetrol was awarded 19.9% of the common capital in infrastructure firm McDermott in preferential shares by a judge in Amsterdam, Ecopetrol said in a statement on Thursday. The refinery is located in the Colombian city of Cartagena. ...
UN adopts first global artificial intelligence resolution
UN adopts first global artificial intelligence resolution
Mar 21, 2024
(Reuters) -The United Nations General Assembly on Thursday unanimously adopted the first global resolution on artificial intelligence that encourages countries to safeguard human rights, protect personal data, and monitor AI for risks. The nonbinding resolution, proposed by the United States and co-sponsored by China and over 120 other nations, also advocates the strengthening of privacy policies. Today, all 193 members...
Hong Kong-listed Samsonite plans dual listing in hunt for investors
Hong Kong-listed Samsonite plans dual listing in hunt for investors
Mar 21, 2024
(Reuters) -Luggage maker Samsonite International ( SMSOF ) on Friday said it plans to pursue a dual listing in addition to its listing on the Hong Kong Stock Exchange to increase the liquidity of its shares and reach investors in more markets. Samsonite ( SMSOF ) did not provide details of the exchanges it is considering for the second listing,...
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Bonk Inu (BONK) Flips Floki Inu (FLOKI) Following a 15% Daily Surge: Details
Bonk Inu (BONK) Flips Floki Inu (FLOKI) Following a 15% Daily Surge: Details
May 23, 2024
TL;DR Solana-based meme coin Bonk Inu saw a 15% daily and 45% monthly price increase. Its market capitalization is nearing $2.5 billion, surpassing Floki Inu. Pepe (PEPE) is another meme coin making the headlines, hitting a new all-time high after a 110% monthly ascent. Its market cap exceeded $6 billion, making it the third-largest in its cohort. BONK Surpasses its...
Gold Prices Sink, Support Breakdown Heralds More Weakness; XAU/USD Key Levels
Gold Prices Sink, Support Breakdown Heralds More Weakness; XAU/USD Key Levels
May 23, 2024
Most Read: Japanese Yen Sentiment Analysis Outlook – USD/JPY, EUR/JPY, GBP/JPY Gold prices plummeted on Thursday following stronger-than-expected U.S. economic data, which drove U.S. Treasury yields higher and boosted the U.S. dollar against most currencies. When it was all said and done, the precious metal fell over 2% after a volatile session, breaking through several support levels and hitting its...
Crypto Price Analysis May
Crypto Price Analysis May
May 23, 2024
This week, we take a closer look at Ethereum, Ripple, Cardano, Shiba Inu, and Polkadot. Ethereum (ETH) Ethereum just had one of its best weeks after its price exploded by almost 30%. It came on the news that an ETF approval was imminent, which was confirmed a few days later. Now, the price is consolidating around $3,800. The current resistance...
Failure to Present Binance Executive for Arraignment: FIRS Shifts Blame to Correctional Service
Failure to Present Binance Executive for Arraignment: FIRS Shifts Blame to Correctional Service
May 23, 2024
The Nigerian Federal Inland Revenue Service (FIRS) has pointed fingers at the Nigerian Correctional Service for failing to produce detained Binance executive Tigran Gambaryan at the Federal High Court in Abuja on tax evasion charges. Reportedly, Gambaryan was a no-show in court on May 22, slated for arraignment on tax evasion accusations by the FIRS. FIRS Points Finger at Correctional...
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