Subscribe To
Eur/aud daily outlook
Daily Pivots: (S1) 1.6714; (P) 1.6807; (R1) 1.6854; More… Intraday bias in EUR/AUD remains neutral fo...
August 24, 2023, 9:00 am
Gold prices remains under pressure as u.s. weekly jobless claims fall by 10k
(Kitco News) - The gold market continues to see some technical selling pressure and health U.S. labor market data is adding to the downside....
August 24, 2023, 8:48 am
Mixed flows so far in european morning trade
It's a quieter and slower start to proceedings even with the more buoyed mood in equities. Not much has changed after the open with European indices s...
August 24, 2023, 8:35 am
Revenue pressure, high level of goodwill to hurt invesco (ivz)
Because of macroeconomic headwinds, Invesco's (IVZ) top line is expected to remain under pressure in th...
August 24, 2023, 8:16 am
Burlington stores beats expectations but warns of “significant pressure” remains for core customer base
Burlington Stores Inc. (NYSE:BURL) reported revenue and earnings slightly ahead of market expectations, though the ‘off-price' clothes retailer's qu...
August 24, 2023, 7:51 am
Lombard odier reports solid half-year 2023 results
The first half of 2023 saw Lombard Odier’s operating income increase to CHF 704 million (up 2% on end-June 2022), while consolidated net profit...
August 24, 2023, 7:29 am
Forex markets await jackson hole cues; dollar’s position remains uncertain
The foreign exchange are mostly stable today, with major currency pairs and crosses staying confined within the boundaries set yesterday. Both Sterlin...
August 24, 2023, 7:28 am
Sphd: poor performance overshadows monthly pay
Invesco's S&P 500 High Dividend Low Volatility ETF underperforms compared to similar funds and market benchmarks. The fund's emphasis on low volatilit...
August 24, 2023, 7:14 am
European indices open higher to kick start the day
Eurostoxx +0.9%Germany DAX +0.9%France CAC 40 +1.0%UK FTSE +0.7%Spain IBEX +0.8%Not to mention that the general equities mood...
August 24, 2023, 7:03 am
Oil prices forecast: opec on alert as wti dips amid global economic concerns
As oil prices retreat, OPEC’s role remains crucial amidst global economic shifts; the balance of prod...
August 24, 2023, 6:38 am
Yahoo finance dives into social investment with new acquisition
Yahoo has acquired CommonStock, a social platform that allows retail investors to share insights based on information linked directly to their brokera...
August 24, 2023, 6:30 am
Bitcoin, ether trade below ‘maximum pain’ levels ahead of $2.7b options settlement
While bitcoin (BTC) and ether (ETH) have chalked out moderate gains in the past 24 hours, prices remain...
August 24, 2023, 6:29 am
Aud/usd remains confined in a narrow range near 0.6480 ahead of the jackson hole
AUD/USD consolidates its gains near 0.6480 ahead of the US data. The Australian S&P Global PMI came in lower than expected. Investors await the Jackso...
August 24, 2023, 6:29 am
Time to sell? uae gold prices continue to rise
With the Fed funds rate anticipated to remain elevated for longer, gold’s upside potential appears sh...
August 24, 2023, 6:14 am
Is sage therapeutics stock in trouble after dropping 50% in a month?
The Food and Drug Administration only granted partial approval to zuranolone this month. Sage is an unprofitable business, so it's a big blow that ens...
August 24, 2023, 5:10 am
Technical outlook and review
DXY: The DXY chart currently exhibits a bullish momentum, indicating a prevalent upward trend in the market. This bullish momentum is supported by the...
August 24, 2023, 4:18 am
Usd/cad depicts market’s anxiety above 1.3500 amid sluggish oil price, us dollar, fed chair powell eyed
USD/CAD bears struggle to keep the reins after returning to the table the previous day, following the Loonie pair’s U-turn from a three-month high. ...
August 24, 2023, 3:59 am
Vestas wind systems: doubt regarding my 'hold', but choice was right
Vestas Wind Systems is facing challenges in the wind power industry and its latest annual report shows negative financials and low profit margins. The...
August 24, 2023, 3:55 am
Icymi - hundreds of ships stuck after turkey closed strait due to fires
Bloomberg (gated) had the report that Hundreds of ships were left unable to move between the Black Sea and the Aegean after Turkey closed the Dardanel...
August 24, 2023, 3:20 am
Oil prices forecast: opec on alert as wti dips amid global economic concerns
As oil prices retreat, OPEC's role remains crucial amidst global economic shifts; the balance of produc...
August 24, 2023, 2:38 am