01/10/2024

Iran Launches Missile Strikes on Israel in Retaliation, Causing Surge in Oil and Gold Prices

Iran Launches Missile Strikes on Israel in Retaliation, Causing Surge in Oil and Gold Prices CNN-On Tuesday, Iran launched dozens of missiles toward Israel, which Iranian […]
24/06/2024
Gold Price Remains Above $2,300 as Core PCE Inflation Data Looms

Gold Price Remains Above $2,300 as Core PCE Inflation Data Looms

Gold Price Remains Above $2,300 as Core PCE Inflation Data Looms The price of gold is holding firm above $2,300, rebounding from $2,315 as the US […]
24/06/2024
The Resilience of the US Dollar: A Forex Analysis

The Resilience of the US Dollar: A Forex Analysis

The Resilience of the US Dollar: A Forex Analysis The US Dollar (USD) is poised to remain robust, bolstered by the current levels of US yields […]
15/06/2024

The Dutchman Bringing Nike and Lego to Wartime Russia

The Dutchman Bringing Nike and Lego to Wartime Russia By Tassilo Hummel, Gleb Stolyarov, Polina Nikolskaya, and David Gauthier-Villars Nike (NYSE:NKE) halted its sales to Russia […]
23/05/2024
NVIDIA Achieves Record Q1 Revenue, Spurring AI and Bitcoin Mining Synergies

NVIDIA Achieves Record Q1 Revenue, Spurring AI and Bitcoin Mining Synergies

NVIDIA Achieves Record Q1 Revenue, Spurring AI and Bitcoin Mining Synergies NVIDIA has reported an unprecedented quarterly revenue of $26 billion for Q1 2024, an increase […]
26/04/2024
Alphabet and Microsoft Earnings Surge; Key PCE Data on the Horizon: Market Movers

Alphabet (Google) and Microsoft Earnings Surge; Key PCE Data on the Horizon: Market Movers

U.S. Stock Market Set to Rally on Earnings and Inflation Data As the week draws to a close, U.S. stock market futures are showing positive movement, […]
25/04/2024
Google invests $640 million in new data centre in Netherlands

Google invests $640 million in new data centre in Netherlands

Google Announces $641 Million Investment in New Dutch Data Center AMSTERDAM – Google, a subsidiary of Alphabet Inc. (NASDAQ:GOOGL), has committed to investing 600 million euros […]
25/04/2024
Gold Prices Near $2,300 Breakdown Amid Ongoing Interest Rate Concerns

Gold Prices Near $2,300 Breakdown Amid Ongoing Interest Rate Concerns

Gold Prices Near Key Support Level as U.S. Rate Outlook Dampens Safe Haven Appeal In Thursday’s Asian trading session, gold prices edged closer to dipping below […]
25/04/2024
Dollar Strengthens Amid Rising U.S. Inflation; Yen Weakens Against Euro and U.S. Currency

Dollar Strengthens Amid Rising U.S. Inflation; Yen Weakens Against Euro and U.S. Currency

U.S. Dollar Experiences Temporary Dip Against Yen Following Lower-than-Expected Economic Growth NEW YORK – In a recent update from the Commerce Department’s Bureau of Economic Analysis, […]
24/04/2024
IBM Reports Mixed Q1 Earnings, Announces HashiCorp Acquisition; Stock Declines

IBM Reports Mixed Q1 Earnings, Announces HashiCorp Acquisition; Stock Declines

IBM Reports Q1 2024 Earnings Beat, Plans $6.4 Billion HashiCorp Acquisition; Shares Dip in After-Hours IBM (NYSE: IBM) has outperformed earnings expectations for the first quarter […]
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
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
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, […]
21/04/2024

Swiss Franc and Yen Rise Modestly, Retreat from Peaks as Iran-Israel Tensions Ease

Swiss Franc and Japanese Yen Stabilize as Iran Signals No Retaliation Against Israel In New York, the Swiss franc and the Japanese yen witnessed a reduction […]
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 […]
20/04/2024

Five Key Market Trends to Monitor This Coming Week – NASDAQ

Upcoming Economic Indicators and Tech Earnings to Shape Market Trend As the momentum of the recent rally in U.S. stocks begins to wane, driven by concerns […]
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 […]