Bitcoin stagnates as other cryptocurrencies soar

The interest of investors - especially the small ones - in buying cryptocurrencies is constantly growing and after a record increase in the exchange rate of the most widespread cryptocurrency bitcoin (BTC),...

Gold Down Over Interest Rates Hike Concern, Strengthening Dollar

By Gina Lee Investing.com – Gold was down on Wednesday morning in Asia as investors digested U.S. Treasury Secretary Janet Yellen’s comments about the possibility of interest rate hikes. Gold futures were down 0.60% to $1,781.10 by...

Oil Up Over Huge Draw in U.S. Crude Supplies, Fuel Demand Hopes

By Gina Lee Investing.com – Oil was up Wednesday morning in Asia over a record fall in U.S. crude supplies and growing expectations that re-opening drives in the U.S. and Europe will boost fuel demand....

Gold Prices May Rise Despite Muddled Yellen Remarks and Here is Why

GOLD PRICE OUTLOOK: Gold prices may rebound after Treasury Secretary Janet Yellen clarified her interest rate comments Market remains jittery about rising inflation and worsening pandemic situations in some emerging markets, buoying demand for gold ...

Natural Gas Outlook: Path Higher Brightens on Cooler Temps, Trendline Recapture

NATURAL GAS PRICE OUTLOOK – TALKING POINTS Natural gas price receives boost on cooler temperature outlook Inventory levels at historical averages as summer season approaches Prices recaptured a long-term trendline that could help accelerate upside TheQuiz Discover...

How To Beat The Fed And Bag 7.4% Dividends – Starting Now

Let’s cut the Fed-babble and call things how they really are. Because what happened last week means a lot for our dividends—and whether we’ll be able to count on them in the future. (In a moment, we’ll...

Explainer: The Dakota Access Pipeline faces possible closure

By Devika Krishna Kumar and Stephanie Kelly (Reuters) - A U.S. court could order the Dakota Access Pipeline (DAPL) shut in coming weeks, disrupting deliveries of crude oil, and making nearby rail traffic more congested. WHAT IS...

Australian Dollar Outlook: AUD/USD Looks Past RBA, Focusing on Stocks and Sentiment

AUSTRALIAN DOLLAR, AUD/USD, RBA, FED, TECHNICAL ANALYSIS – MARKET ALERT The Australian Dollar was little moved on RBA, focusing on market sentiment RBA not considering extension of term funding facility, CPI to rise near-term AUD/USD trading with...

NASDAQ Losses Continue

The NASDAQ lost more ground on Monday, to move further away from its 'bull trap' as sell triggers emerged in the MACD and On-Balance-Volume.  Relative performance returned to a loss against the Russell 2000 (via IWM) but this isn't...

Gold Down from Two-Week High Against Stronger Dollar, Fed Optimism

By Gina Lee Investing.com – Gold was down on Tuesday morning in Asia, after hitting an over two-month high during the previous session, as the dollar strengthened and investors digested U.S. Federal Reserve Chairman Jerome Powell’s optimistic...

Crude Oil Price Outlook: OPEC Commentary, EU Summer Travel Ban Lift Eyed

CRUDE OIL, WTI, EU SUMMER TRAVEL, OPEC, FED - TALKING POINTS: Crude oil prices climbed despite downturn in market sentiment Traders focused on EU summer travel lift, OPEC commentary WTI appearing to trade within the confines...

NY state lawyer calls NRA bankruptcy ‘sideshow’ in trial closing

By Maria Chutchian (Reuters) -A lawyer for New York Attorney General Letitia James called the National Rifle Association's bankruptcy bid "a circus sideshow" during closing arguments on Monday in a case over whether to allow...

Germany stocks higher at close of trade; DAX up 0.66%

Investing.com – Germany stocks were higher after the close on Monday, as gains in the Transportation & Logistics, Insurance and Utilities sectors led shares higher. At the close in Frankfurt, the DAX rose 0.66%, while the MDAX index climbed 0.64%, and the TecDAX index added 0.26%. The...

Dollar steadies as traders brace for more U.S. data

By Ritvik Carvalho LONDON (Reuters) - The dollar levelled out after its recent bounce on Monday as investors made a cautious start to a week crammed with central bank meetings and big-ticket U.S. economic data,...

Dollar Flat in Quiet Trade; PMIs, ISM Dominate Amid Holidays

By Geoffrey Smith Investing.com -- The dollar was mainly flat in early trade in Europe on Monday, set for a quiet day of trading on a public holiday in the U.K., the region’s biggest forex trading...

NASDAQ Breakout Reverses

After edging a breakout last week in a move which suggested a new rally was about to begin, instead, the NASDAQ breakout stalled and came back to its 20-day MA. The reversal came with a MACD...

Gold Up Against Muted Dollar, Investors Await More U.S. Data

By Gina Lee Investing.com – Gold was up on Monday morning in Asia, with muted dollar giving the yellow metal a shine on the first trading day of May. Investors also await further U.S. economic data later...

Gold Prices Forecast: Hawkish Fed Comments May Cloud the Outlook

GOLD PRICE OUTLOOK: Gold prices rebounded slightly during APAC trading hours as Treasury yields retreated Markets remained jittery about Fed tapering risk following hawkish comments from an official The world’s largest gold ETF saw continuous outflow,...

Oil prices slip as pandemic takes toll on India’s fuel sales

By Alex Lawler LONDON (Reuters) -Oil rose to $67 a barrel on Monday as optimism over a strong demand rebound in countries including the United States and China countered concern about a surge in India's...

Oil offsets its losses

The new trading week, which is marked in the calendar as the 17th one of 2021, brought traders and especially investors a positive change, when the price of oil on the world...

Gold Up as Fed Continues Easy Monetary Policy, Dollar Weakens

By Gina Lee Investing.com – Gold was up on Thursday morning in Asia on the back of the U.S. Federal Reserve maintaining its easy monetary policy as it handed down its latest policy decision. A...

U.S. solar industry unveils guidelines to free supply chain of forced labor

By Nichola Groom (Reuters) - The top U.S. solar industry trade group on Thursday issued a set of voluntary guidelines to solar panel manufacturers that it said could help rid products installed in the United...

Another Low Traffic Day For The Market

Markets do little, so site traffic goes down. It's only when there is fear in the market that site traffic spikes.  Wednesday belonged to the low traffic day. Yesterday, the NASDAQ was able to hold above breakout...

Gold Price Forecast: XAU/USD Aims Higher as Fed Downplays Early Balance Sheet Taper

GOLD, XAU/USD, TREASURY YIELDS, FOMC – TALKING POINTS Gold jumps following the April FOMC rate decision with PCE figures eyed Federal Reserve calmed expectations over premature balance sheet taper Falling yields helping to boost gold as monetary...

Dogecoin Spikes on Musk, Cuban Tweets, Bitcoin Struggles Post-FOMC

BITCOIN, DOGECOIN, ELON MUSK, MARK CUBAN, FOMC – TALKING POINTS: Dogecoin prices have surged, on the back of a flurry of tweets from Elon Musk and Mark Cuban. Bitcoin, however, has slipped lower and...

Boeing halts 737 MAX deliveries due to electrical issues, shares fall

By Ankit Ajmera and Eric M. Johnson (Reuters) -Boeing Co on Wednesday confirmed a halt on 737 MAX deliveries after electrical problems re-grounded part of the fleet, and voiced concerns over a surging pandemic in...

Google battles landmark UK class action over alleged iPhone tracking

By Kirstin Ridley LONDON (Reuters) -A proposed multi-billion pound British class action against Google (NASDAQ:GOOGL), which alleges the internet giant secretly tracked millions of iPhone users, is not viable and should not be allowed to...

Opening Bell: U.S. Futures, Europe Stocks Dip As Market Questions Fed Support

Yields rally ahead of FOMC decision and presser Strong economic data increases concerns the Fed may change policy Robust earnings results fail to assure investors Key Events Futures on the Dow, S&P, NASDAQ and Russell 2000 faltered in trading on Wednesday....

European Central Bank has not made any changes

The Governing Council of the European Central Bank (ECB) has not changed - at its meeting on 22 April 2021 - its monetary policy, leaving its current economic stimulus, including interest rates,...

Gold Up Over Weaker Dollar, Investors Await Fed Policy Decision

By Gina Lee Investing.com – Gold was up on Monday morning in Asia as the dollar weakened and investors await the U.S. Federal Reserve policy decision due to be handed down later in the week. Gold futures edged up 0.15% to $1,780.40 by...

Frustrated Canada presses White House to keep Great Lakes oil pipeline open

By David Ljunggren, Nia Williams (NYSE:WMB) and Laura Sanicola OTTAWA/NEW YORK (Reuters) - Canada is pushing on several diplomatic fronts against the U.S. state of Michigan's efforts to close a cross-border oil pipeline, the second...

After Friday’s Gains, Indices Set Up For Potential Bullish Follow-Through

It was a positive finish to the week on Friday with indices undoing Thursday's losses.  All markets are well placed to post gains. The NASDAQ is working on a bullish handle trading above the last swing...

Gold Prices Rebound as the USD Falls, Japan in State of Emergency Again

GOLD PRICE OUTLOOK: Gold prices rebounded mildly during the APAC trading hours as the US Dollar fell Demand for safety remains elevated as Japan faces new state of emergency measures Gold prices have likely formed a bearish...

US Dollar Outlook: SGD, IDR, PHP, THB Eyeing Fed and US Fiscal Policy Impact

US DOLLAR, SINGAPORE DOLLAR, THAI BAHT, INDONESIAN RUPIAH, PHILIPPINE PESO, INDIAN RUPEE, ASEAN, FUNDAMENTAL ANALYSIS – TALKING POINTS US Dollar weakened against most ASEAN currencies as bonds yields fell Eyes are on Federal Reserve amid...

French billionaires eye truce in battle for Lagardere media group – sources

French billionaires eye truce in battle for Lagardere media group - sources Stock Markets17 hours ago (Apr 25, 2021 10:35AM ET)   © Reuters. The logo of French media group Lagardere is seen at the group's shareholders...

Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.08%

Investing.com – Saudi Arabia stocks were higher after the close on Sunday, as gains in the Energy & Utilities, Agriculture & Food and Telecoms & IT sectors led shares higher. At the close in Saudi Arabia, the Tadawul All Share added 0.08%...

U.S. ESG And SRI Funds: $1 Trillion Mark Broken in Q1

U.S. investors pushed equity funds to their fourth consecutive quarter of plus-side performance in Q1 2021. Investors embraced the $1.9 trillion stimulus package signed into law by President Joseph Biden in late March, the...

Saudi Arabia sees over $200 billion in savings from energy reforms plan – Finance...

By Davide Barbuscia DUBAI (Reuters) - Saudi Arabia could save over $200 billion over the next decade by replacing liquid fuel used for domestic consumption with gas and renewable energy sources, the finance minister said,...

Mexican Peso Weekly Forecast: USD/MXN Bears Remain in Control

USD/MXN FORECAST: BEARISH Advertisement The Mexican Peso looks set to resume its bullish trend next week after struggling to break key levels against currencies like the US Dollar and the Euro. A resurgence in Covid-19 cases in some parts of...

Euro Forecast: EUR/USD Outlook Still Constructive After Break Above 1.20

FUNDAMENTAL EURO FORECAST: NEUTRAL Near-term, EUR/USD will likely pause for breath after breaching the 1.20 level last week for the first time since March 4. After that, however, further strength is possible, with the February 25...

Cryptocurrency market marked by bitcoin sell-off

According to economic correspondents, the current situation on the digital currency market is marked by the sell-off of the cryptocurrency bitcoin (BTC), which fell close to US$ 52,000 per BTC during last...

Oil Down over Continuous COVID-19 Fuel Demand Concerns, Surprise U.S. Supply Build

By Gina Lee Investing.com – Oil was down Thursday morning in Asia as the ever-rising number of COVID-19 cases in India and Japan continues to raise fuel demand concerns. Brent oil futures were down 0.44% to $65.03...

Gold Up Over Falling Dollar, U.S. Treasury Yields

By Gina Lee Investing.com – Gold was up on Thursday morning in Asia, sticking around an eight-week high thanks to a weaker dollar and falling U.S. Treasury yields. Gold futures inched up 0.04% to $1793.80 by 11:54 PM ET...

Gold Prices Extend Higher as Yields Fall, ECB Meeting in Focus

GOLD PRICE OUTLOOK: Gold prices extended higher during APAC trading hours as yields and the US Dollar fell Demand for safety remains elevated as traders are jittery about the unwinding of the “reflation trade” Gold prices are...

Euro Technical Analysis: EUR/USD, EUR/AUD, EUR/NZD, EUR/JPY Chart Setups

EUR/USD TECHNICAL BREAKDOWN Since breaking out of a Falling Wedge pattern earlier this month, EUR/USD has made significant progress, breaching above the psychologically imposing 1.200 level earlier this week. Now, the 1.2 handle appears to be providing...

Ferrari unveils first details of special edition V12 car based on 812 Superfast

MILAN (Reuters) - Luxury carmaker Ferrari (NYSE:RACE) on Wednesday unveiled initial details of its new supercar, the first of three new models it has promised for the coming months. An aggressive roll-out plan of new...

Norwegian Cruise Lines Jumps as Goldman Sees It Best-Positioned

By Christiana Sciaudone Investing.com -- Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) rallied almost 7% after Goldman Sachs (NYSE:GS) upgraded shares to buy from neutral. The company is in a strong position compared to peers, the firm said, increasing...

Opening Bell: U.S. Futures Falter, European Stocks Rebound; Gold Rallies

India continues grappling with coronavirus infection rates S&P 500 suffers first back-to-back drop in almost a month Gold rises on technicals, despite strong yields Key Events US futures on the Dow, S&P, NASDAQ were trading lower ahead of the...

China Considers Supporting Huarong With Central Bank Funds

(Bloomberg) -- China is considering a plan that would see the central bank assume more than 100 billion yuan ($15 billion) of assets from China Huarong Asset Management Co., helping the state-owned company clean...

Dollar Weakens as Treasury Yields Retreat Once More

By Peter Nurse Investing.com - The dollar edged lower in early European trading Wednesday, retreating once more near to seven-week lows as lower bond yields reduced its attractiveness. At 2:55 AM ET (0755 GMT), the Dollar...

Carney, Kerry launch global finance plan to boost climate action

By Simon Jessop LONDON (Reuters) - UN climate envoy Mark Carney and U.S. peer John Kerry on Wednesday announced a new plan to boost efforts by the financial system to help move the global economy...

IPO Trends: New Boom Or Perfect Storm?

IPO Trends: New Boom Or Perfect Storm? By Callum ThomasStock MarketsApr 21, 2021 12:37AM ET   Callum Thomas Articles (530) My Homepage Follow The pace of US IPO activity has shattered previous records. It is a clear sign of excess...

The price of gold on the rise once more

On 15 April 2021 the spot gold price (XAU) expressed in US dollars (USD) per troy ounce increased and thus continued its price increase from the previous day. According to economic correspondents,...

Gold Down, But Losses Capped Over Rising COVID-19 Cases

By Gina Lee Investing.com – Gold was down on Monday morning in Asia but remained near the seven-week peak hit during the previous session as retreating U.S. Treasury yields boosted demand for the safe-haven yellow...

Gold Prices Extend Higher on Chinese Demand Boost, Falling Yields

GOLD PRICE OUTLOOK: Gold prices edged higher as the 10-year Treasury yield fell to a five-week low China allowed commercial banks to import a large amount of gold to meet domestic demand Gold prices have...

Oil Falls as Rising Global COVID-19 Numbers Fuel Demand Worries

By Gina Lee Investing.com – Oil was down Monday morning in Asia, as rising numbers of COVID-19 cases globally stoked fuel demand recovery fears. Brent oil futures rose 0.45% to $66.47 by 11:32 PM ET (3:32 AM...

US Dollar Forecast: SGD, THB, IDR, PHP May Rise. Bank of Indonesian on Tap

US DOLLAR, SINGAPORE DOLLAR, THAI BAHT, INDONESIAN RUPIAH, PHILIPPINE PESO, INDIAN RUPEE, ASEAN, FUNDAMENTAL ANALYSIS – TALKING POINTS US Dollar weakened against ASEAN currencies this past week Quiet week may open door to SGD, THB,...

Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.61%

Investing.com – Saudi Arabia stocks were higher after the close on Sunday, as gains in the Media & Publishing, Energy & Utilities and Transport sectors led shares higher. At the close in Saudi Arabia, the Tadawul All Share gained 0.61% to hit...

Atlantia investor urges Italy not to interfere in Autostrade sale

ROME (Reuters) - Atlantia investor and hedge fund TCI has urged Italy's government not to put any pressure on the Italian infrastructure group to strike a deal to sell its motorway business Autostrade, a...

The ETF Portfolio Strategist: Rallies Reach Across The Asset Class Spectrum

Winners across the board Red ink was banished for weekly returns through Apr. 16 in our 16-fund global opportunity set that represents the major asset classes. Leading the rally: shares in Latin America. G.B 16 ETFs Ranked By...

China, U.S. agree on need for stronger climate commitments

SHANGHAI/WASHINGTON (Reuters) -China and the United States agree that stronger pledges to fight climate change should be introduced before a new round of international talks at the end of the year, the two countries...

Euro Forecast: EUR/USD Outlook Improves, What to Expect From ECB Meeting

FUNDAMENTAL EURO FORECAST: BULLISH The advance in EUR/USD so far this month will likely extend further, with the February 25 high at 1.2243 a possible longer-term target if there’s a sustained break of 1.20. ECB President...

OPEC and partners to increase oil production from May

The members of the OPEC and its partners from the OPEC+, including the Russian Federation, met on Thursday, 1 April 2021 and jointly decided - from May 2021 - to gradually reduce...

Gold Down, But Not Out as Investors Digest Higher-Than Expected Inflation

By Gina Lee Investing.com – Gold was down on Wednesday morning in Asia, as investors continue to digest a higher-than-expected rise in U.S. inflation. Gold futures edged down 0.19% to $1,744.25 by 11:59 PM ET (3:59 AM...

New Zealand Dollar Forecast: NZD/USD Unscathed as RBNZ Holds Course

NEW ZEALAND DOLLAR, RESERVE BANK OF NEW ZEALAND, NZD/USD – TALKING POINTS Reserve Bank of New Zealand holds the Overnight Cash Rate at 0.25% New Zealand Dollar gives muted reaction to the expected decision NZD/USD searches...

Oil Up Over U.S. Crude Stockpiles Decrease, OPEC+ Optimism

By Gina Lee Investing.com – Oil was up Wednesday morning in Asia, as investors cheered a decline in U.S. crude oil supplies. Rising numbers of COVID-19 cases and the latest hurdle in the COVID-19 vaccine...

S&P 500 Index Hits Record Highs as Bond Yields Drop, Nikkei 225 Falls as...

S&P 500, NIKKEI 225, ASX 200 INDEX OUTLOOK: Dow Jones, S&P 500 and Nasdaq 100 closed -0.20%, +0.33%, and +1.21% respectively Markets shrugged off higher US inflation readings and moved higher. 30-year bond auction met decent demand, pulling...

Enphase Energy And SunPower Corporation For The New US Energy Path

SunPower (NASDAQ:SPWR) and Enphase Energy (NASDAQ:ENPH) are two of the top solar stocks. They should both benefit from President Biden's infrastructure proposal which allocates significant funding to boost alternative energy. The shift in energy...

The Bearish Case for Advanced Micro Devices

A breakdown could soon occur in the chart of Advanced Micro Devices (NASDAQ:AMD) if the stock breaks a support level that has formed over the past eight months. Read more to learn how to...

Dollar edges up before U.S. inflation data

By Elizabeth Howcroft LONDON (Reuters) - The dollar edged higher on Tuesday, helped by a pick-up in U.S. Treasury yields, while riskier currencies dipped, as markets waited for inflation data in the United States. The dollar...

Opening Bell: U.S. CPI On Tap After China Trade Beat; Bitcoin Scores New Record

China imports surged 38.1%, beats expectations US CPI expected to gain 0.5% Bitcoin hits new record high Key Events US yields rose with futures on the Dow, S&P, NASDAQ and Russell 2000 as well as European stocks on Tuesday following yesterday’s...

Dollar Edges Higher Ahead of Key Inflation Data

By Peter Nurse Investing.com - The dollar edged higher in early European trading Tuesday, helped by rising Treasury yields, but gains have been limited ahead of the release of key U.S. inflation data. At 2:55 AM...

With Headlines Elsewhere, Little Change For Markets

There was little change for markets between Friday and Monday.  Only the Russell 2000 is indicating it might lose more ground, although it hasn't lost support of its 50-day MA yet. For the Russell 2000 (via IWM), the...

How To Read The Mixed Market Picture

On Monday, the Economic Modern Family, which consists of 1 index and 5 key sectors, showed mixed signals as half of the Family closed down for the day. IWM-IBB Daily Chart The Russell 2000 iShares Russell...

Equities Q2 2021 Technical Forecast

S&P 500 INDEX MAY EXTEND HIGHER AS NIKKEI 225, HANG SENG INDEX CONSOLIDATE S&P 500 INDEX The S&P 500 index is riding an ascending trend higher and may attempt to challenge a psychological resistance level at 4,000 (the 100%...

Australian Dollar Outlook: US CPI Eyed as Chinese Trade Data Showed Import Surge

AUSTRALIAN DOLLAR, AUD/USD, CHINESE TRADE BALANCE, TECHNICAL ANALYSIS – MARKET ALERT Australian Dollar seeing bearish technical pressures after Chinese trade figures Numbers likely being distorted by low base effect, imports unexpectedly surged Data suggests global...

US Fed publishes the minutes of its meeting

The Central Bank of the United States of America (Federal Reserve System) has traditionally published a record of the meeting of its key Federal Open Market Committee (FOMC), which took place on...

US Dollar Outlook: Bond Yields, Powell and CPI in Focus. USD/SGD Eyeing MAS, Chinese...

US DOLLAR, SINGAPORE DOLLAR, THAI BAHT, INDONESIAN RUPIAH, PHILIPPINE PESO, INDIAN RUPEE, ASEAN, FUNDAMENTAL ANALYSIS – TALKING POINTS US Dollar was mixed against SGD, THB, IDR and PHP this past week Weakness in Emerging Market...

New Zealand Dollar Forecast: NZD/USD, NZD/JPY Key Levels with RBNZ on Tap

RESERVE BANK OF NEW ZEALAND, NEW ZEALAND DOLLAR, HOUSING PRICES, NZD/USD, NZD/JPY – TALKING POINTS: The RBNZ’s dovish stance may pave the way for NZD to continue moving lower against its haven-associated counterparts. NZD/USD at risk of...

Oil Holds Near $59 as Fed’s Powell Points to Economic Growth

(Bloomberg) -- Oil was steady near $59 a barrel as trading opened in Asia after Federal Reserve Chair Jerome Powell said the U.S. economy was poised for stronger growth, while cautioning that Covid-19 still...

S.Korean battery makers agree $1.8 billion settlement, aiding Biden’s EV push

By David Shepardson, Hyunjoo Jin and Heekyong Yang WASHINGTON/SEOUL (Reuters) -South Korean battery makers LG Energy Solution and SK Innovation Co agreed on Sunday to settle disputes over electric-vehicle (EV) battery technology, avoiding a potential...

Swiss watchdog asked Credit Suisse on Greensill risks: SonntagsZeitung

ZURICH (Reuters) - The head of Switzerland's financial regulator FINMA questioned Credit Suisse (SIX:CSGN) Group AG over risks in its dealings with now-insolvent finance firm Greensill Capital "months" before the bank was forced to close $10...

Week Ahead: Stocks Hit Record Highs Amid Reflation Reversal; Q1 Earnings On Tap

Earnings season begins with banks reporting mid-week Cyclical rotation seesaw at work as gains keep shifting between growth and value Ahead of the start of Q1 2021 earnings season, which begins on Wednesday, Apr....

French lawmakers approve a ban on short domestic flights

PARIS (Reuters) - French lawmakers voted late on Saturday to abolish domestic flights on routes than can be covered by train in under two-and-a-half hours, as the government seeks to lower carbon emissions even...

3 Symbols: How To Navigate The Market

Last week’s focus was the Russell 2000 ETF (NYSE:IWM), Transportation Average ETF (NYSE:IYT), and VanEck Vectors Semiconductor ETF (NYSE:SMH). IWM-IYT Daily Chart 1. IWM IWM has shown us general market direction and sentiment as it contains 2000...

The ETF Portfolio Strategist: U.S. Stocks Continue Top Returns For Global Markets

Another strong week for US equities It’s a familiar refrain but spot on as ever: American shares can’t be beat, at least not yet. Once again, our main proxy for US shares was the top weekly...

Benin votes for president after week of violent protests

By Allegresse Sasse COTONOU (Reuters) - Benin votes on Sunday in a presidential election following a week of deadly protests against the incumbent Patrice Talon, who is heavily favoured to win a second term. Talon, a...

Euro Forecast: EUR/USD Outlook Tilted to the Downside in Week Ahead

FUNDAMENTAL EURO FORECAST: BEARISH Renewed optimism about the EU economy and its Covid-19 vaccination program has lifted EUR/USD in recent days. However, the EU economy is still underperforming and doubts about the AstraZeneca vaccine may reduce...

Market value of cryptocurrencies exceeds US$ 2 trillion

For the first time the value of the cryptocurrency market reached the market value of two trillion US dollars (USD). Cryptocurrency market analysts noted this situation during Easter Monday on 5 April,...

Oil Down Over Unexpected Surge in U.S. Gasoline Inventories

By Gina Lee Investing.com – Oil was down Thursday morning in Asia, as an unexpected build in U.S. gasoline stocks raised concerns about weakening demand for crude in the world’s biggest oil consumer alongside rising stockpiles. Brent oil...

JPY Q2 2021 Fundamental Forecast

JAPANESE YEN FUNDAMENTAL OUTLOOK: IS IT REALLY ALL GLOOM AND DOOM? JAPANESE YEN FIRST QUARTER RECAP – DOMINANT DOWNTREND ACCELERATED As anticipated, the Japanese Yen started off the new year on a sour note. Taking a look at...

Gold Holds Decline After Fed Minutes as Dollar, Yields in Focus

(Bloomberg) -- Gold held a drop, tracking movements in the dollar and bond yields, with investors weighing the latest insights into the Federal Reserve’s stance on monetary policy and inflation risks. Minutes from the Fed’s...

Dow Jones Holds Gain on Dovish Fed, Nikkei 225 and ASX 200 Trade Mixed

DOW JONES, NIKKEI 225, ASX 200 INDEX OUTLOOK: Dow Jones, S&P 500 and Nasdaq 100 closed +0.05%, +0.15%, and +0.28% respectively The FOMC minutes suggested that accommodative monetary policies are here to stay Nikkei 225 futures dipped while ASX 200 futures climbed, setting...

Beyond Meat Gains After Opening China Plant  

By Dhirendra Tripathi Investing.com – Beyond Meat (NASDAQ:BYND) rose 3.6% in premarket trading Wednesday on optimism that the company’s new unit in China will help it serve more customers and more quickly in the region. Beyond...

Wall St set for slightly lower open ahead of Fed minutes

By Shivani Kumaresan and Medha Singh (Reuters) - Wall Street's main indexes dipped in choppy trading on Wednesday as investors cautiously awaited minutes from the Federal Reserve's meeting last month that could offer clues on...

Opening Bell: U.S. Futures, Stocks In Holding Pattern Ahead Of FOMC Minutes

Key Events Futures on the Dow, S&P, NASDAQ and Russell 2000 as well as global stocks wavered near record levels in trading on Wednesday, despite a continued slide in yields ahead of the release of the FOMC meeting minutes at 14.00...

Rupee Tumbles on Worries RBI’s Bond Plan May Add to Money Glut

(Bloomberg) -- The Indian rupee tumbled to the lowest in more than four months, with some analysts saying the central bank’s formal plan to buy bonds will add to a liquidity glut. The rupee fell as much...

China’s March forex reserves fall to $3.17 trillion

BEIJING - China's foreign exchange reserves fell more than expected in March, official data showed on Wednesday, as the dollar posted a gain against a basket of major currencies. The country's foreign exchange reserves -...

S&P 100 Apex

Here is the iShares S&P 100 ETF (NYSE:OEF) for the entire dozen years of this endless bull market. Take special note of the multiple trendlines all converging. OEF BlackRock Trust Chart Looking closer, you can see...

2 ETFs To Own For Q2

The performance of the NASDAQ index in yesterday’s session suggests Wall Street is finally coming to terms with a higher rate environment and what they might mean for tech stocks. The 12% drop seen from February...