24/04/2024
Meta Platforms Forecasts Lower Q2 Revenue Amid Increased AI Investment Plans

Meta Platforms Forecasts Lower Q2 Revenue Amid Increased AI Investment Plans

Meta Platforms Adjusts Revenue Expectations Amid AI Investment Surge Meta Platforms announced on Wednesday a revision in its revenue forecast for the second quarter, projecting lower-than-expected […]
24/04/2024
Dollar Maintains Dominance in FX as U.S. 'Economic Exceptionalism' Persists

Dollar Maintains Dominance in FX as U.S. ‘Economic Exceptionalism’ Persists

US Dollar Rises Amid Continued Economic Strength, Awaited Policy Clarifications The US dollar saw a modest increase on Wednesday, as it continues to dominate global currency […]
24/04/2024
Robust CPI Data Strengthens Australian Dollar, According to ING Analysts

Robust CPI Data Strengthens Australian Dollar, According to ING Analysts

Australian Dollar Climbs as Inflation Surprises to the Upside The Australian dollar (AUD) experienced a surge following the release of unexpectedly high inflation data. Core inflation […]
24/04/2024
BofA Predicts Limited Growth for USD/CAD Given BoC Rate Cut Expectations

BofA Predicts Limited Growth for USD/CAD Given Anticipated BoC Rate Cuts

USD/CAD Exchange Rate: Potential Limit to Growth Amid Canadian Dollar Weakness, Says Bank of America Analysts Recent analysis from Bank of America (BofA) suggests that the […]
24/04/2024

Dollar Bounces Back from PMI Decline, Yen Nears 155 Against Dollar

USD Stabilizes Against Major Currencies, Yen Struggles Despite Warning from Japanese Officials In the recent trading session in London, the U.S. dollar saw a modest recovery, […]
23/04/2024

Canada TSX Records Its Longest Weekly Winning Streak in Over Three Years

(Reuters) – The primary commodity-linked index in Canada, the S&P/TSX composite index of the Toronto Stock Exchange, concluded the trading week with a decline, although it […]
23/04/2024
Visa Card Surpasses Earnings and Revenue Forecasts for Q2, Shares Jump

Visa Card Surpasses Earnings and Revenue Forecasts for Q2, Shares Jump

Visa Inc. (NYSE:V) experienced a notable increase of over 3% in its share price during post-market trading on Tuesday. This surge came following the company’s announcement […]
23/04/2024
US oil and gas M&A hits quarterly record after blockbuster 2023

U.S. Oil and Gas Industry Sees Record Deal Activity in First Quarter

Surge in Acquisitions Focused on Permian Basin The first quarter of 2024 witnessed a surge in U.S. oil and gas mergers and acquisitions (M&A) activity, reaching […]
22/04/2024

Stock Market Update: S&P 500 Gains Momentum with Tech Sector Surge Ahead of Major Tech Earnings

Tech Stocks Fuel S&P 500 Surge; Key Earnings on the Horizon Monday witnessed a robust rebound in the S&P 500, driven by a resurgence in technology […]
21/04/2024
Tesla Reduces Prices Globally Following Recent Cuts in the U.S.

Tesla Reduces Prices Globally Following Recent Cuts in the U.S.

Tesla Implements Global Price Cuts Amid Slowing Sales and Rising Competition Tesla, the leading electric vehicle (EV) manufacturer, has announced a series of significant price reductions […]
21/04/2024

Japan’s Finance Minister Issues New Warning Over Volatile Yen Fluctuations

Japanese Finance Minister Signals Potential Action to Stabilize Yen Amid Market Volatility During the recent International Monetary Fund (IMF) and World Bank spring meetings in Washington, […]
20/04/2024
Nasdaq, S&P Slide Amid Netflix Dip and Semiconductor Declines; American Express Lifts Dow

Nasdaq, S&P Slide Amid Netflix Dip and Semiconductor Declines; American Express Lifts Dow

New York, NY (Reuters) — On Friday, the Nasdaq Composite and S&P 500 concluded in the red, influenced by a dip in Netflix (NASDAQ:NFLX) shares, although […]
19/04/2024
Gold Prices Soar Amid Economic Uncertainty, But a Downturn Looms

Gold Prices Soar Amid Economic Uncertainty, But a Downturn Looms

Gold has soared to record heights driven by geopolitical unrest, a declining dollar, and low real yields. However, the recent shift in rate cut expectations could […]
18/04/2024
Decline in China's Gallium and Germanium Exports as Restrictions Tighten

Decline in China’s Gallium and Germanium Exports as Restrictions Tighten

BEIJING – Recent customs data reveal a notable decline in China’s export volumes of gallium and germanium in March, a shift influenced by stringent export controls […]
17/04/2024
Dollar Dips Slightly; Sterling Rises Following CPI Report

Dollar Dips Slightly; Sterling Rises Following CPI Report

U.S. Dollar Slips While Sterling Gains Amid Unexpected UK Inflation Data Introduction:In early European trading on Wednesday, the U.S. dollar experienced a slight decline from its […]
13/04/2024
U.S. Leads Global Bitcoin Holdings with $14.7 Billion

U.S. Leads Global Bitcoin Holdings with $14.7 Billion

The U.S. government holds the largest amount of Bitcoin among nations, with assets totaling approximately $14.7 billion. In addition to Bitcoin, the U.S. also possesses substantial […]
13/04/2024
India's Industrial Production Hits Four-Month High in February

India’s Industrial Production Hits Four-Month High in February

NEW DELHI, – According to the latest government data, India’s industrial output in February grew at its fastest pace in four months, registering a 5.7% increase […]
13/04/2024
"Morgan Stanley's Predicted Iron Ore Price Outlook for 2024"

“Morgan Stanley’s Predicted Iron Ore Price Outlook for 2024”

“Morgan Stanley released its new iron ore price forecast where the firm’s strategists highlighted they are targeting $120/t in Q3 in an aim for a return […]
09/04/2024
Australian billionaire Rinehart's firm takes stake in US miner MP Materials

Australian billionaire Rinehart’s firm takes stake in US miner MP Materials

(Reuters) – MP Materials announced that Hancock Prospecting, a mining company owned by Australian billionaire Gina Rinehart, has acquired a 5.3% stake in the company, further […]
09/04/2024
Asia FX muted ahead of US inflation data; USDJPY nears 152

Asia FX muted ahead of US inflation data; USDJPY nears 152

Asian currencies showed minimal movement on Tuesday, with the dollar stabilizing as investors awaited crucial U.S. inflation data later in the week. Despite repeated government warnings […]
06/04/2024
Asia FX Remains Subdued, Yen Stabilizes as Dollar Gains Ahead of Nonfarm Payrolls

Asia FX Remains Subdued, Yen Stabilizes as Dollar Gains Ahead of Nonfarm Payrolls

Most Asian currencies saw minimal movement on Friday, with the Japanese yen stabilizing near two-week highs, while the dollar gained ground amid cautious anticipation of key […]
06/04/2024
Oil Prices Surge Over $1 Per Barrel Amid Supply Risks

Oil Prices Surge Over $1 Per Barrel Amid Supply Risks

HOUSTON (Reuters) – The Brent and U.S. West Texas Intermediate crude oil benchmarks surged by more than $1 a barrel during trading on Friday as markets […]
03/04/2024
Asia FX Steady, Dollar Retreats from 4-½-Month High Amid Persistent Rate Uncertainty

Asia FX Steady, Dollar Retreats from 4-½-Month High Amid Persistent Rate Uncertainty

Amidst minimal movement in most Asian currencies on Wednesday, the dollar eased slightly from its over four-month peak as markets remained cautious about the trajectory of […]
03/04/2024

Intel, Tesla, and TSMC Experience Pre-Market Decline; Cal-Maine Sees Upsurge

Investing.com — U.S. futures traded slightly lower on Wednesday, retracing some of the hefty gains from the first quarter as investors brace for a series of […]
03/04/2024
S&P 500 and DJIA enter ‘Worst Months’ of the year period - StockTradersAlmanac

S&P 500 and DJIA enter ‘Worst Months’ of the year period – StockTradersAlmanac

The StockTradersAlmanac, a closely monitored investor newsletter, has officially issued its “Best Six Months MACD Seasonal Sell” signal for both the Dow Jones Industrial Average (DJIA) […]