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Euro extending rally but sterling outperforms, yen and dollar continue decline

Euro’s broad based rally continues today as supported by a chorus of hawkish comments from ECB officials. But Sterling is outperforming on anticipat...

June 16, 2023, 12:38 pm

Arizona woman pleads guilty in case involving fraudulent eidl loans

According to federal court filings, Myra Authorlee Hendrix submitted several loan applications that year and received the EIDL loans in each case, eve...

June 16, 2023, 12:15 pm

Dow jones today: microsoft leads index higher

The Dow Jones Industrial Average rose 1.3%, or about 430 points, after retail sales data showed Americans are still upping their spending, a sign of r...

June 15, 2023, 4:55 pm

Forexlive european fx news wrap: euro keeps steady with the ecb up next

Headlines:Euro holds steady ahead of the ECB laterUSD/JPY extends gains to 1% to highest levels since November last yearEurozone April trade balance -...

June 15, 2023, 11:41 am

Hang seng index, asx200, nikkei 225: hsi leads on stimulus hopes

It was a bullish morning for the Hang Seng Index and the broader Asian markets. Economic indicators from China failed to spook investors. The post Han...

June 15, 2023, 4:08 am

Adobe: seems relatively overvalued but technically attractive

The expected growth rate for Adobe is in mid-teens and leads to richer valuations. According to annuall...

June 14, 2023, 10:28 pm

Hawkish dot plot leads to a us dollar rally

The US dollar is 50-70 pips higher across the board following the FOMC decision.The announcement of no change in rates was largely priced in but what ...

June 14, 2023, 6:13 pm

Movers & shakers: unitedhealth leads insurer stocks lower, sofi shares advance, and more stocks on the move

Surgery-linked stocks were headed higher after UnitedHealth disclosed that older adults have been catching up on delayed hip and knee surgeries. Read ...

June 14, 2023, 3:27 pm

Checking dwac's pulse: more concerning headlines

DWAC has trended lower this year amid concerning headlines regarding its listing status and a failure to file a 10-Q in a timely manner. With no immin...

June 14, 2023, 12:25 pm

Bitcoin technical analysis

The recent regulatory attacks from the SEC have weighed heavily on Bitcoin, but the less hawkish expectations for the Fed rate path kept the price res...

June 14, 2023, 12:12 pm

Forexlive european fx news wrap: dollar lightly lower awaiting the fed

Headlines:Welcome to Fed dayJP Morgan slashes Brent crude forecast for the year to $81 from $90 previouslyUK April monthly GDP +0.2% vs +0.2% m/m expe...

June 14, 2023, 12:03 pm

Humana leads s&p 500 decliners after unitedhealth says seniors are catching up on pandemic-delayed surgeries

Humana Inc.'s stock HUM tumbled 14% Wednesday, swept up in the downdraft created by UnitedHealth Group Inc.'s UNH disclosure that its senior clients a...

June 14, 2023, 11:34 am

Hang seng index, asx200, nikkei 225: nikkei leads on fed pause bets

It was a bullish morning for the Asian markets, with the Nikkei outmuscling the Hang Seng Index and the ASX 200 on central bank policy sentiment. The ...

June 14, 2023, 4:21 am

Forexlive americas fx news wrap 13 jun: us cpi comes tumbles to 4% in may

Crude oil is higher on the day but still stays below the $70 levelUS to buy about 12 million barrels of oil in 2023Trump p...

June 13, 2023, 9:17 pm

The close: the value trade leads the way as us stocks hit new highs

The S&P 500 continued to break through the August 2022 high after a soft CPI kneecapped Fed hike expectations for tomorrow:S&P 500 +0.7%Nasdaq Comp +0...

June 13, 2023, 8:18 pm

Trump pleads 'not guilty' to all counts

Trump is facing 37 counts regarding classified documents.Update: He was released without conditions. This article was written by Adam Button at www.fo...

June 13, 2023, 7:08 pm

Time to sell tesla? inverse etfs to earn profits

Tesla TSLA has proven to be a super stock this year, having gained 126% (as of Jun 9, 2023). This leads ...

June 13, 2023, 2:03 pm

Hang seng index, asx200, nikkei 225: nikkei leads on fed bets

The Hang Seng Index and the Nikkei saw gains this morning, with PBoC action and bets on a Fed pause supported early gains. The post Hang Seng Index, A...

June 13, 2023, 4:19 am

Macron: ukranian counter-offensive started and was meticulously planned

France has intensified delivery of ammunition and weapons; that will continue in the coming weeksThe 'weeks' line might be a hint at how long it will ...

June 12, 2023, 6:34 pm

Intesa: undervaluation leads to sustainable 11% dividend yield

Intesa is a quality bank in Italy with good fundamentals. It offers a sustainable high-dividend yield of 11%. Its shares are undervalued at just 0.8x ...

June 12, 2023, 3:34 pm


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