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Most Asian stocks moved in a flat-to-low range on Tuesday as investors remained on edge ahead of earnings from some of the world’s biggest companies this week, while more cues on U.S. interest rates were also in focus. Regional markets took some positive cues from a strong overnight close on Wall Street, as U.S. stock […]
Asian stocks tread water with tech earnings, rate cues on tap : Read More »
Technical Analysis for GBP/AUD Pair:The pair has declined strongly in the previous period, heading towards a key and strong support level around 1.9205, which was previously a resistance level. On the 4-hour timeframe, we observe that the price is moving downward towards this support level. By closely monitoring the pair’s price movement and analyzing it,
Technical Analysis for GBP/AUD Pair : Read More »
#Traders who bet against the “#Magnificent 7” group of big #usatechstocks booked their biggest-ever weekly #profit of more than $10 #billion last week, with the biggest gains coming from their short position in shares of #Nvidia (NASDAQ:#NVDA) and Tesla (NASDAQ:#TSLA), Ortex data showed. The chip designer shed almost 14% last week to clock its worst
Short sellers pocket record weekly profit from Big Tech selloff : Read More »
The #usadollar hit a fresh 34-year high against the yen in subdued trade on Monday, with #market participants taking their cue from the #FederalReserve’s higher-for-longer interest rate stance, even as they remained alert to any signs of intervention by Japanese authorities to prop up the struggling #yen. The #dollar hit a fresh 34-year high of
Dollar hits new 34-year peak against yen on higher US rate outlook : Read More »
Investors scaled back safe-haven bets on Monday as worries over a wider Middle East conflict eased, boosting world equities and pressuring gold, oil and bond prices. MSCI’s gauge of stocks across the globe rose 2.62 points, or 0.35%, to 745.90 by 11:04 a.m. EST (1504 GMT). In a reversal of Friday’s “risk off” mood, spot gold lost
Equities gain, gold drops as fears of wider Middle East conflict ease : Read More »
U.S. companies borrowed 7% less to finance equipment investments in March compared to a year ago, industry body Equipment Leasing and Finance Association (ELFA) said on Monday. Companies signed up for new loans, leases and lines of credit worth $9.3 billion in March, up 18% sequentially. “Equipment and software investment should pick up in the
US business equipment borrowings fell 7% in March, ELFA says : Read More »
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The S&P 500 rallied on tech strength Monday, rebounding from its biggest weekly loss since March last year as investors looked ahead to quarterly earnings from big tech. At 18:29 ET (17:29 GMT), #Dow Jones Industrial Average rose 292 points, or 0.8%, S&P 500 rose 0.9%, while #NASDAQ Composite rose 1%. The S&P 500 notched
The S&P 500 rallied on tech strength Monday : Read More »
#European #CentralBank #officials are sticking to plans to cut interest rates multiple times this year, even as higher #usainflation delays a pivot to looser policy by the U.S. Federal Reserve and tensions in the Middle East keep oil prices high. #Investors are rethinking what they expected to be a global easing cycle after stubbornly
#Soccer’sglobal #governing body #FIFA is close to an agreement with #Apple (NASDAQ:#AAPL) to give the tech company worldwide television rights for a new, month-long club tournament, the New York Times reported on Monday. The deal with Apple could be announced as soon as this month and valued at around $1 billion, a quarter of the
Soccer’s global governing body FIFA is close to an agreement with Apple : Read More »