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Markets gripped by us debt ceiling talks
Asian markets gave up earlier gains on Tuesday as investors adopted a cautious stance after US debt ceiling negotiations ended “productive talks” ...
May 23, 2023, 7:53 am
Eur/chf daily outlook
Daily Pivots: (S1) 0.9681; (P) 0.9703; (R1) 0.9729; More… Outlook in EUR/CHF is staying unchanged. The corrective pattern from 1.0095 could be conta...
May 23, 2023, 7:35 am
Dollar keeps steadier to start european morning trade
As stocks are losing a bit of ground to start the session, the dollar is finding a decent footing now. Looking to the antipodeans, AUD/USD is down 0.3...
May 23, 2023, 7:25 am
Usd/cad daily outlook
Daily Pivots: (S1) 1.3488; (P) 1.3504; (R1) 1.3521; More…. Intraday bias in USD/CAD remains neutral and outlook is unchanged. Overall, the pair is s...
May 23, 2023, 7:10 am
Freeport-mcmoran will make up a sizable part of future energy markets
Freeport-McMoRan remains at a relatively high valuation with the company's position in the copper and molybdenum markets. The company needs copper pri...
May 23, 2023, 6:33 am
Bp: oil at $70, it's time to sell
BP submitted a decent earnings card for the first quarter. However, earnings have started to decline. EPS estimates may further get revised to the dow...
May 23, 2023, 6:04 am
Better buy: shopify vs. fiverr international
Shopify and Fiverr both experienced big growth spurts during the pandemic. However, both companies lost their momentum in a post-pandemic market....
May 23, 2023, 5:25 am
Is amd stock a buy?
AMD shares have skyrocketed more than 700% since 2018. However, it's not too late to invest, thanks to the company's growing prospects in AI....
May 23, 2023, 5:05 am
Gbp to usd forecasts: bears target sub-$1.24 ahead of boe testimony
It is a busy day for the GBP to USD. Economic data and the Bank of England will be in focus today. However, news from Washington will also influence. ...
May 23, 2023, 3:41 am
Eur/usd bears eye $1.078 on pmis and debt ceiling news
It is a busy day ahead for the EUR/USD. Prelim private sector PMI numbers for France, Germany, and the Eurozone will be in focus. While the German man...
May 23, 2023, 3:29 am
Eth bulls eye a return to $1,850 to target $1,900 on staking statistics
It is a busy day for ETH, with private sector PMIs to give investors a snapshot of the macroeconomic environment. The US debt ceiling remains key, how...
May 23, 2023, 3:12 am
Xrp bulls to retarget $0.48 on sec v ripple-related news
It is a busier day for XRP. US private sector PMIs and Fed chatter will draw interest. However, US debt ceiling talks will remain the focal point. The...
May 23, 2023, 2:27 am
More on central banks, governments rigging libor, and then jailing scapegoat traders
Earlier post on this is here:UK Times reports coordinated manipulation by central banks to rig LiborIn that poist there is a link to an unfortunately ...
May 23, 2023, 1:51 am
Usd/jpy and 139.50 in the hands of pmis and debt ceiling talks
It is a busy day for the USD/JPY, with prelim private sector PMI numbers for May in focus. However, debt ceiling talks also need consideration. The po...
May 22, 2023, 11:04 pm
Gold price forecast: xau/usd holds ground above $1,970, awaits fresh catalyst
Spot Gold is under mild pressure at the beginning of the week, with XAU/USD trading at around $1,975 a troy ounce. The bright metal, however, hovers a...
May 22, 2023, 5:59 pm
Bkf: a chinese, indian, and brazilian equity fund with strong potential
BKF invests in the so-called "BRIC" equity markets, but excluding Russia. The fund is mostly exposed to China, however, India and Brazil together repr...
May 22, 2023, 5:17 pm
Morgan stanley: a blue-chip value play with sizable upside potential
Morgan Stanley is down about 10% in the past few weeks with news that CEO James Gorman is set to step down in the next 12 months. However, this sellof...
May 22, 2023, 2:49 pm
Cvx stock alert: chevron acquires pdc energy in $6.3 billion deal
Oil and gas giant Chevron (NYSE: CVX ) — one of the world's supermajors — generated headlines Monday morning when it announced the acquisition of ...
May 22, 2023, 2:22 pm
Biden/mccarthy now meeting at 5:30 pm
The proposed Biden/McCarthy meeting will now take place at 5:30 PM ET an hour later than the earlier time of 4:30 PM ET.Meanwhile social media reports...
May 22, 2023, 2:17 pm
Oil markets face an unusual summer driving season
The summer driving season is fast approaching, and oil traders would typically be looking forward to a seasonal increase in demand. However, a host of...
May 22, 2023, 2:01 pm