Category: Markets
-
Chart Art: Triangle Pattern Forming on WTI Crude Oil (USOIL)
•
Are oil prices about to rise soon? This is a short-term consolidation pattern that I am watching on the hourly chart of WTI Crude Oil. Crude Oil WTI (USOIL) 4 hours Chart by TradingView Negative price pressures have been weighing on this energy commodity, as weaker growth expectations in the…
-
ECB’s Villeroy: market expectations on rates seem rather reasonable
•
High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
-
ECB’s Villeroy: market expectations on rates seem rather reasonable
•
High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
-
Lift maker Schindler’s orders slip in Q2, weighed by China By Reuters
•
By Louis van Boxel Wolff and Bartosz Dabrowski (Reuters) – Swiss elevator and escalator maker Schindler reported a slight drop in orders in the second quarter on Friday as a slowdown in China’s construction market weighed on new installations. The company’s orders came in at CHF2.98 billion ($3.35 billion) in…
-
Asia FX weakens as US-China uncertainty dents yuan, favors dollar By Investing.com
•
Most Asian currencies fell on Friday as concerns about further trade tensions between the United States and China weighed on sentiment, with the dollar benefiting from safe-haven demand even as bets on interest rate cuts persisted. The dollar recovered some of its recent losses, rising 0.1 percent in Asian trade,…
-
ECB Held Rates Steady, Stressed Importance of Wage Growth in Next Decisions
•
As expected, the European Central Bank left interest rates unchanged in its announcement this week and refrained from providing future guidance. European Central Bank President Lagarde and policymakers unanimously agreed to keep the deposit facility rate at 3.75% and the main refinancing operation rate at 4.25%. They indicated in their…
-
Japan finance minister Suzuki scolds government minister speaking about markets
•
High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
-
US stock futures rise as tech rout pauses; major earnings awaited By Investing.com
•
U.S. stock index futures were slightly higher in overnight trading on Thursday as a broad rotation into heavy technology stocks appeared to ease ahead of a string of key earnings from the sector next week. But sentiment remained fragile after disappointing earnings from Netflix (NASDAQ:), while uncertainty over U.S. politics…
-
Asia FX flat amid US-China trade jitters; yen steady amid intervention chatter By Investing.com
•
Most Asian currencies were steady on Thursday amid concerns over tougher U.S. trade restrictions on China, while the Japanese yen held steady after rising sharply this week amid suspected interference. Regional currencies have gained in recent sessions amid growing optimism that the Federal Reserve will cut interest rates, which also…
-
TA of the Day: Will Ether (ETH/USD) Soar to New All-Time Highs?
•
He is ether (Ethereum/US Dollar) Heading to $5,000 and beyond?! ? in NB For clients, Matt Hogan, chief investment officer of Bitwise cryptocurrency index fund, expects the price of ether to reach an all-time high above $5000 Due to ETF inflows into the Ethereum exchange. Hogan expects the first few…
-
Fed’s Daly sees inflation data improving, but says not at target yet
•
High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
-
Intuitive’s Q2 Tops Analyst Estimates, Shares Surge By Investing.com
•
SUNNYVALE, Calif. – Intuitive Surgical, Inc. (NASDAQ: ), a leader in robotic-assisted surgery, reported strong second-quarter results, with adjusted earnings per share (EPS) and revenue exceeding analysts’ expectations. The company’s stock rose 6.6% following the announcement, indicating a positive market response to the earnings beat. Intuitive Surgical reported adjusted earnings…
-
Sterling needs more than higher UK rates to stay in the fast lane By Reuters
•
(This story was corrected to change the company name to BNY from BNY Mellon (NYSE: BNY) in paragraph 7.) By Amanda Cooper and Dara Ranasinghe LONDON (Reuters) – Sterling hit a one-year high on Wednesday as investors sought higher returns as global interest rates began to fall, but strategists said…
-
There may be 130 million fewer Chinese people than thought
•
China’s empty streets may not just be an effect of Covid There is a wild story about China. Published by Newsweek todayChina’s official population figures are wrong, with the estimate of 1.41 billion off by about 10 percent, says researcher Yi Fuxian of the University of Wisconsin-Madison. Based on birth…
-
Tesla’s California registrations plunge three quarters in a row, dealer data shows By Reuters
•
(Reuters) – Tesla Inc. (NASDAQ:) vehicle registrations in California fell for a third straight quarter in the April-June period, pointing to growing challenges facing the electric car maker, according to a report from the California New Car Dealers Association on Thursday. High interest rates and intense competition have reduced demand…
-
Washington Post: Biden needs to seriously consider his viabilty
•
It is noteworthy that the Washington Post says that former President Barack Obama told his allies that Biden needs to think seriously about his ability to survive. The article adds that Biden’s path to victory has shrunk dramatically. That feeling hasn’t been unusual lately. Biden even opened the door, saying…
-
Washington Post: Biden needs to seriously consider his viabilty
•
It is noteworthy that the Washington Post says that former President Barack Obama told his allies that Biden needs to think seriously about his ability to survive. The article adds that Biden’s path to victory has shrunk dramatically. That feeling hasn’t been unusual lately. Biden even opened the door, saying…
-
D.R. Horton’s home sales forecast, $4 billion buyback send shares to record high By Reuters
•
By Ananta Agarwal (Reuters) – D.R. Horton Inc cut its annual home sales forecast and beat Wall Street estimates for quarterly profit on Thursday, as historically low U.S. supply supported demand despite higher mortgage rates, sending its shares to a record high. The largest U.S. homebuilder by sales volume now…
-
Euro lower after ECB stands pat, dollar climbs after data By Reuters
•
By Tom Westbrook and Amanda Cooper SINGAPORE/LONDON (Reuters) – The Japanese yen hit a six-week high before retreating against the dollar on Thursday, keeping traders on alert for signs of official buying, while the euro steadied ahead of a European Central Bank meeting. The single European currency held near four-month…