Nzd/usd drops below 0.6320 on weaker-than-projected china’s trade balance

NZD/USD has dropped below 0.6320 on the downbeat China Trade Balance and a recovery in risk-off impulse...

December 7, 2022, 4:29 am

Oil futures settle sharply lower as demand concerns weigh

Crude oil prices dropped to an 11-month low on Tuesday amid concerns about the outlook for energy deman...

December 6, 2022, 11:44 pm

Signet (sig) q3 earnings surpass estimates, sales rise y/y

Signet (SIG) posts better-than-expected results for third-quarter fiscal 2023. However, same-store sales dropp...

December 6, 2022, 4:33 pm

Swiss franc showing weakness against majors

The Swiss franc dropped against its major counterparts in the European session on Tuesday amid safe-hav...

December 6, 2022, 2:59 pm

Us stock futures flat: not the time to swing for the fences - scotia

The S&P 500 fell 1.7% yesterday in a rout after strong service sector data triggered worries about inflation and further Fed hikes.

Scotia no...

December 6, 2022, 2:11 pm

Us trade deficit widened to usd -78.2b in oct

US exports of goods and services dropped USD 1.9B over the month in October, while imports rose USD 2.2...

December 6, 2022, 1:42 pm

Salesforce at post-covid low following series of management exits

Salesforce shares have slid to levels not witnessed since pre-Covid following a series of high profile executive resignations. The software company's ...

December 6, 2022, 10:58 am

Eur/usd price wobbling below 1.06 ahead of us ism

The EUR/USD pair remains bullish as long as it stays above the median line. The US data could be decisive later today. The R1 and the upper median lin...

December 6, 2022, 8:59 am

Gold prices hit 7-week low

SJC gold prices dropped 0.22% to VND66.9 million ($2,786.34) per tael Tuesday morning, lowest since Oct...

December 6, 2022, 4:59 am

Japanese yen tumbles as us dollar soars, australian dollar turns to the rba next

The Japanese Yen slumped, sending USD/JPY higher in a very rare move as the US Dollar gained and stocks dropped. Ahead, the Australian Dollar is eyein...

December 6, 2022, 12:00 am

Is bitcoin about to soar in 2023? or plunge even further?

In an interview with CNBC, he predicted that bitcoin would soar by the middle of 2023. That’s a 1,400% increase from its current value of $17,000. T...

December 5, 2022, 8:14 pm

Surprise growth in services weighs on equities amid rate worries

US benchmark indices dropped while government bond yields rose as a jump in a closely monitored service...

December 5, 2022, 7:29 pm

Surprise service gain hits us equities

US equity indices fell as a surprise gain in a services gauge fueled concerns that the Federal Reserve will continue to hike interest rates. The Nasda...

December 5, 2022, 6:59 pm

Why chevron, exxonmobil, and kinder morgan stocks dropped on monday

Falling oil prices yield an unexpected benefit: Cheap oil stocks....

December 5, 2022, 6:01 pm

Brazil services growth at 18-month low

Brazil’s service sector activity expanded at the slowest pace in one-and-a-half years in November amid a weaker rise in output and new orders, surve...

December 5, 2022, 5:44 pm

Eur/usd falls on robust us ism services data, tumbles below 1.0500

US ISM Non-Manufacturing activity surprisingly jumped in the United States. Eurozone data was mixed, though tilted negative as Retail Sales dropped. E...

December 5, 2022, 5:14 pm

Why shares of editas medicine dropped 15.5% in november

The biotech's shares plummeted after it paused a key clinical trial....

December 5, 2022, 4:56 pm

Energy etfs drop as investors weigh russian oil cap, fed concerns after fresh economic data

Exchange-traded funds focused on oil and gas dropped Monday, as investors weighed a price cap on Russia...

December 5, 2022, 4:49 pm

Aud/usd reverses sharply from monthly highs to fresh lows under 0.6740

AUD/USD drops more than a hundred pips from monthly highs to the lowest since Wednesdays. The AUD/USD dropped ...

December 5, 2022, 4:14 pm

Us ism services rose to 56.5 in nov, production surged

US ISM Services PMI rose from 54.4 to 56.5 in November, above expectation of 53.5. Looking at some details, business activity/production surged sharpl...

December 5, 2022, 3:09 pm