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European stocks rebounded and government bond yields fell on Monday as investors anticipated an interest rate cut from the European Central Bank (ECB). Meanwhile, upcoming U.S. jobs data kept inflation concerns in focus. The pan-European STOXX index gained 0.4%, and U.S. stock futures also rose. In bond markets, the U.S. 10-year Treasury yield […]
European shares rally, eyeing ECB rate move Read More »
Oil prices dipped on Monday as investors processed the intricate agreement by the OPEC+ producer group to extend various levels of output cuts, many extending into 2025. Brent crude futures for August delivery fell by 42 cents to $80.69 a barrel by 1318 GMT. Similarly, U.S. West Texas Intermediate (WTI) crude futures for July
Oil inches lower as investors weigh up extended OPEC+ supply cuts Read More »
Bitcoin’s price increased on Monday but remained within a narrow trading range despite optimism about potential interest rate cuts by major central banks and a weaker dollar. Bitcoin rose 1.5% over the past 24 hours, reaching $69,253.8 by 08:18 ET (12:18 GMT). However, the world’s largest cryptocurrency stayed within the $60,000 to $70,000 range
Bitcoin price today: rises above $69k but still rangebound despite rate cut hopes Read More »
Nvidia (NASDAQ: NVDA) made significant announcements at Computex in Taiwan, showcasing that the company is “so much more than GPUs,” according to a Sunday note from Wells Fargo analysts. During his keynote at National Taiwan University, Nvidia CEO Jensen Huang revealed several major developments. These included the Blackwell Ultra chip set for 2025 and
Wells Fargo says Nvidia ‘so much more than GPUs’ after next-gen chip announcement Read More »
Nvidia (NASDAQ: NVDA) showcased its expanding technological prowess at Computex in Taiwan, demonstrating that the company is “so much more than GPUs,” according to Wells Fargo analysts in a Sunday note. In his keynote at National Taiwan University, Nvidia CEO Jensen Huang introduced several groundbreaking developments, including the Blackwell Ultra chip slated for 2025
Wells Fargo says Nvidia ‘so much more than GPUs’ after next-gen chip announcement Read More »
The #Swiss franc has risen against the basket of currencies. Against the yen, the franc has risen to reach new highs not seen before. The bulls have pushed the pair into a state of overbought conditions. The Forex Trade Time analysis team has conducted a detailed analysis of the pair: #Daily Time Frame: The
#Technical #Analysis of the #CHF/#JPY #Pair Read More »
The #Dow #Jones Industrial Average experienced its best session of the year on Friday, driven by investor optimism following the #Federal Reserve’s preferred inflation measure meeting expectations. The #Dow surged 574.84 points, or 1.51%, to close at 38,686.32, boosted by significant gains in Salesforce (#NYSE) and UnitedHealth (#NYSE), which rose 7.5% and 2.8% respectively. The
Dow Jones, Nasdaq, S&P 500 weekly preview: May jobs data in the limelight Read More »