Category: week
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Road 1 to close nights next week to complete railway bridge
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Work on the 431 Railroad Bridge, originally scheduled for one Saturday, will now be carried out over at least four nights. Route 1 (Tel Aviv-Jerusalem highway) will be closed for four nights next week so that work can be completed on a railway bridge over the highway at the Anava…
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BofA sees trend followers likely to sell USD this week By Investing.com
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Bank of America (BofA) has released a report predicting that commodity trading advisors (CTAs), known as trend followers, are expected to sell the US dollar (USD) in large quantities this week. The report notes that these traders are likely to buy the European Euro (EUR), British Pound (GBP), Australian Dollar…
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Dogecoin And Shiba Inu Fall Behind: Here Are The Top Meme Coin Performers In The Last Week
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Dogecoin and Shiba Inu are starting to lose their market dominance despite being the largest cryptocurrencies. In terms of returns, newer meme coins have performed better, leaving the OGs in the dust as they continue to take losses. Here are the top meme coins that saw the highest returns in…
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Week Ahead in FX (May 27 – 31): Global GDP and Inflation Updates Plus China’s PMIs
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The PMIs are out and now it’s time for the leading lagging indicators to take center stage! Inflation updates may move interest rate expectations for major central banks, while global GDP releases may influence the strength of individual currencies in the next few days. Before all that, ICYMI, I wrote…
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Dollar holds steady as markets eye U.S. inflation test later in the week By Investing.com
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Investing.com – European and Asian currencies were mostly lower on Monday, while the dollar settled in weak trading, as markets await more signals on US interest rates from key inflation data later in the week. Market holidays in the US and UK kept trading volumes limited. Most regional currencies suffered…
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US stock futures inch lower, PCE inflation test looms this week By Investing.com
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Investing.com — U.S. stock index futures fell slightly in overnight trading on Sunday after concerns over higher interest rates led to volatile trading on Wall Street, with focus this week shifting to headline personal consumption expenditures inflation data for further signs of a… interest rates. Trading volumes were weak ahead…
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SurgeTrader Shuts Down a Week after Losing Match-Trader License
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Just seven days after Florida-based SurgeTrader announced that Match-Trade Technologies had terminated its license, the trading company decided to cease operations. SurgeTrader appears to have been cut off from alternative platforms that could have allowed it to continue serving retail traders. Dedicated Forex cloud solutions with stable and fast cross-border…
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Major US indices open the last day of the week higher
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Major indices are trading higher in early US trading. Gains in major indices are in the 0.3% range. Eight minutes after opening: The Dow Jones Industrial Average rose 114.82 points, or 0.29%, to 39,180.09 points. The Standard & Poor’s index rose 17.97 points, or 0.34%, to 5,285.82 points. The Nasdaq…
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Earnings week ahead: Salesforce, Costco, Canopy Growth, Dell, Dollar General, and more
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Nikolaeva Elena The last week of May, although shortened by the holiday, is still packed with major earnings reports from various sectors. The list of notable names includes Salesforce (New York Stock Exchange: Customer Relationship Management), Costco Wholesale (Nasdaq: Cost) and canopy growth (Nasdaq: CGC). On the technological front, investors…
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Blockchain startups raise $258m in a week
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During the week of May 19 to May 25, blockchain startups collectively raised more than $258 million, led by decentralized social protocol Farcaster’s $150 million Series A round. According to Crypto Fundreach, four startups raised $179.2 million in Series A rounds in the past seven days, while 12 startups raised…
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Forexlive Americas FX news wrap 24 May; USD moves higher. Nasdaq &S&P gain for 5th week
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As the week comes to a close, the Canadian dollar ends the day as the strongest among the major currencies. The Swiss franc is the weakest. The US dollar was mostly lower with modest gains against the Japanese yen and Swiss franc. The Canadian dollar rose despite lower-than-expected retail sales…
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Top cryptocurrencies to watch this week: SOL, BONK, FTM
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Top cryptocurrencies showed a strong recovery last week. The global market value increased by 7% to reach $2.41 trillion. This increase reflects a $160 billion increase in valuation, driven by significant gains in most leading cryptocurrencies. Here are our picks for the top cryptocurrencies to watch this week: SOL, BONK…
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Major earnings releases for the week starting May 20 highlighted by Nvidia.
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Next week’s earnings calendar is arguably not over, with the most important earnings announcement scheduled for Wednesday, May 22nd when Nvidia reports earnings after the close. Summary of the most important releases: Monday 20 May Zoom in Palo Alto Networks Trip.com Tuesday 21 May Louise Take care of the brothers…
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Plug Power rises to top industrial gainer of week, while IES Holdings dips
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audioundwerbung/iStock via Getty Images Selected Industrial Sector (XLI) declined-0.28%) for the week ending May 17 after gaining for three straight weeks, while the SPDR S&P 500 Trust ETF (SPY) rose (+1.65%) Climb four weeks on the trot. Year-to-date, or since the beginning of the year, XLI has risen +9.95% SPY…
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Why VinFast Auto Stock Soared Higher This Week
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shares Finfast Auto (NASDAQ: VFS) Shares rose more than 60% this week, according to data from Standard & Poor’s Global Market Intelligence. Vietnamese automobile group that manufactures electric cars (Electric vehicles) saw significant early demand for the affordable SUV that will be sold worldwide, including the United States. Shares are…
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Why VinFast Auto Stock Soared Higher This Week
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shares Finfast Auto (NASDAQ: VFS) Shares rose more than 60% this week, according to data from Standard & Poor’s Global Market Intelligence. Vietnamese automobile group that manufactures electric cars (Electric vehicles) saw significant early demand for the affordable SUV that will be sold worldwide, including the United States. Shares are…
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Historic week ends with S&P above 5,300 (NYSEARCA:SPY)
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Standard & Poor’s 500 (SP500) on Friday 1.54% added The week ended at 5,303.27 points, recording gains in three sessions out of five. The accompanying SPDR S&P 500 ETF (NYSEARCA: SPY) rose 1.65% For the week. It’s been a turning week with consumer inflation data In any event, the past…
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Fed minutes the big one to watch on the economic calendar next week
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And on days when we don’t get any big data, it can be a bit slow and uninspiring. So far today, we are at least seeing the dollar making a nice push higher. This has been helped by Treasury yields maintaining a bounce at a key technical juncture as noted…