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Correction in mid and small cap stocks not yet complete, says kotak institutional equities

The recent correction in stock prices may not be the end of the downward trend for mid and small cap stocks, according to a strategy report by Kotak I...

October 27, 2023, 5:29 am

Bitcoin mining stocks are rallying, but some are poised for a fall if the cryptocurrency hits this key level

Now that bitcoin has pushed above its key resistance level of the year, the pressure is on for mining stocks, some of which could be in trouble if the...

October 27, 2023, 5:29 am

Usd/jpy price analysis: 100-hour sma near 150.00 holds the key for bulls ahead of us pce data

The divergent Fed-BoJ policy outlook should limit the downside ahead of the US PCE Price Index. Read Full Story at source (may require registration) T...

October 27, 2023, 5:29 am

European economic news preview: france consumer confidence data due

Consumer sentiment survey data from France and business confidence from Italy are the major economic data due on Friday. At 2.00 am ET, retail sales f...

October 27, 2023, 5:17 am

Dax index: corporate earnings and us inflation to dictate dax trends on friday

After the hotter-than-expected US GDP numbers, the focus turns to US inflation numbers. Higher-than-expected inflation figures could fuel Fed rate hik...

October 27, 2023, 5:15 am

Technical outlook and review

DXY: The chart for DXY (US Dollar Index) currently shows a bearish momentum, suggesting the potential for a bearish continuation towards the 1st suppo...

October 27, 2023, 5:11 am

Xrt: retail is still not where i want to be

The article evaluates the SPDR S&P Retail ETF as an investment option at its current market price. The presence of above-average inflation and rising ...

October 27, 2023, 5:09 am

Canada average hourly wages

Wages in Canada decreased to 29.52 CAD/Hour in August from 29.61 CAD/Hour in July of 2023. Read Full Story The post Canada Average Hourly Wages appear...

October 27, 2023, 5:05 am

Gold price remains below multi-month top as traders look to us pce data for fresh impetus

Bets for further policy tightening by the Fed might cap gains ahead of the US PCE Price Index. Read Full Story at source (may require registration) Th...

October 27, 2023, 4:59 am

Apple watch models face us import ban in patent clash

Medical technology company Masimo Corp. on Thursday said a US trade commission has recommended banning imports of Apple Watch models that infringe its...

October 27, 2023, 4:06 am

Gold price forecast: xau/usd extends its upside near the $2,000 barrier, us pce data looms

From the technical perspective, gold price remains firm above the key 100- and 200-day on the daily chart, which hints that further upside looks favor...

October 27, 2023, 3:59 am

Eli lilly bowel disease drug approved in us

Eli Lilly and Co (NYSE:LLY) has announced that its Omvoh drug has been approved by the US Food and Drug Administration to treat types of inflammatory ...

October 27, 2023, 3:52 am

Crypto news: floki jumped 27% on new staking program while btc hit pause

Investors hit the pause button on Thursday, as the market awaited news of progress toward the SEC approving the first batch of BTC-spot ETF applicatio...

October 27, 2023, 3:50 am

Gold range-bound as traders focus on middle east conflict, us rate scenario

Gold prices flitted in a range-bound trade on Friday as traders weighed the repercussions of the Middle East conflict against expectations that U.S. i...

October 27, 2023, 3:44 am

Usd/cad corrects from multi-month peak, slides back closer to 1.3800 ahead of us pce data

The downside seems cushioned as traders look to the US PCE Price Index for a fresh impetus. The USD/CAD pair comes under some selling pressure during ...

October 27, 2023, 3:44 am

Gbp/usd stuck in chop zone but outlook remains bearish

Summary The GBP/USD was unable to hold onto the small gains it made last week and on Monday, falling back in the last couple of days to remain rooted ...

October 27, 2023, 3:44 am

Sanofi takes page from rivals' separation playbook

Sanofi on Friday mapped out a potential separate listing of its consumer healthcare business from the fourth quarter of next year, as it plans to shor...

October 27, 2023, 3:36 am

Nzd/usd gains ground near 0.5830 after bidding lowest on thursday

The USD/JPY is trading into 150.40 with markets largely unfazed by the Tokyo Consumer Price Index (CPI) inflation data beat. Japan’s leading Tokyo C...

October 27, 2023, 3:29 am

Nasdaq set for deeper selloff as key support shattered

US stocks underwent a marked decline overnight, with NASDAQ at the forefront, shedding -1.76% of its value. This follows closely on the heels of Wedne...

October 27, 2023, 3:27 am

Bitcoin price touches $35,000 for first time since may last year

Bitcoin extended a rally fuelled by expectations of new demand from exchange-traded funds, with the cryptocurrency reaching its highest price since Ma...

October 27, 2023, 3:14 am


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