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Dollar little changed as market appetite sapped
The fact that dollar pairs today are keeping within 20 pips change of one another speaks to the lack of appetite so far in European trading. The chang...
July 4, 2023, 8:33 am
Toyota claims signifiicant breakthrough in ev battery tech
Toyota today said it had made a technological breakthrough that will allow electric vehicles to run for 745 miles and be recharged within ten minutes....
July 4, 2023, 8:29 am
Fannie mae and freddie mac: lottery tickets with much better odds
An update on the events surrounding Fannie Mae and Freddie Mac, focusing on developments relevant to the GSEs' release. The upcoming Presidential Elec...
July 4, 2023, 8:09 am
A sriracha shortage has boosted the cost of a single bottle to $70. it's cheaper to buy a share of coca-cola, paypal, or pfizer.
A single bottle of Huy Fong Foods' Sriracha sauce is going for as much as $70 on eBay due to a chili pe...
July 4, 2023, 7:53 am
European equities little changed at the open today
Eurostoxx +0.1%Germany DAX flatFrance CAC 40 +0.1%UK FTSE flatSpain IBEX flatThere's not much in it to ...
July 4, 2023, 7:17 am
The us housing market is defying doomsayers thanks to a supply crunch, fannie mae says
US home prices should drop much less than previously than expected, Fannie Mae said in a revised outloo...
July 4, 2023, 6:31 am
China major state-owned banks reportedly to have cut dollar deposits again
The report comes via Reuters, stating that China's major state-owned banks have lowered their dollar deposit rates once again with effect from 1 July....
July 4, 2023, 5:28 am
Little on the agenda in europe today
The dollar continues to keep somewhat steady so far this week as there isn't much appetite all around i...
July 4, 2023, 5:00 am
Aussie slips as the rba presses the pause button
The market pricing heading into today's decision showed roughly 63% odds for a no change move, so it isn't an overwhelmingly disappointing decision fo...
July 4, 2023, 4:48 am
Pboc sets usd/ cny reference rate for today at 7.2046 (vs. estimate at 7.2386)
People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.USD/CNY is the onshore yuan. Its permitted to trade plu...
July 4, 2023, 1:15 am
Usd/jpy is finally on the move lower after kanda's yen intervention threat. not by much.
Japan's Finance Ministry's Vice Finance Minister for International Affairs Masato Kanda spoke with media earlier in the day in Tokyo, saying that Japa...
July 4, 2023, 12:05 am
Preview of the q2 new zealand business survey, qsbo, expected to show a lift
The New Zealand Institute of Economic Research (NZIER) Quarterly Survey of Business Opinion (QSBO) is due at 2200 GMT. BNZ on what to expect:expected ...
July 3, 2023, 8:46 pm
Cognex: automation leader leveraging ai
Cognex's financial performance is currently weak as customers are generally cutting back on capital expenditures. Despite this challenge, the manufact...
July 3, 2023, 8:40 pm
Nio: this bounce has juice
NIO Inc. reported a rebound in June vehicle delivery sales after a couple of weak months. The Chinese EV automaker forecasts a big rebound in 2H vehic...
July 3, 2023, 8:00 pm
Little fireworks during today’s shortened session! usd, ism, tesla
The start of the second half of the year is not doing much for US stocks as most of Wall Street is in h...
July 3, 2023, 2:34 pm
Why tesla shares jumped again today
Tesla has produced over 920,500 EVs already this year. The big question is how much price cuts have dri...
July 3, 2023, 1:32 pm
'will send bears into hibernation mode': here's how wall street is reacting to tesla's 2nd-quarter deliveries beat
Tesla stock surged as much as 9% on Monday after the company delivered 466,000 vehicles last quarter. T...
July 3, 2023, 1:02 pm
Natural gas gains 23% in june: will the momentum continue?
For much of this year, stubbornly high stockpiles have signaled plentiful supply. As such, we advise fo...
July 3, 2023, 12:12 pm
Aud/usd pares losses ahead of rba rate decision
Money markets split on RBA decision on Tuesday US PCE Price Index eases in May The Australian dollar is showing some movement right off the bat on Mon...
July 3, 2023, 11:58 am
Aud/usd pares losses ahead of rba rate decision
The Australian dollar is showing some movement right off the bat on Monday. AUD/USD fell as much as 70 ...
July 3, 2023, 11:44 am