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Xrp bulls target $0.53 on us lawmaker scrutiny of sec activities
It was a bullish XRP session on Thursday. However, a lack of updates from the SEC v Ripple limited the upside as investors await the April 18 Gensler ...
April 14, 2023, 1:50 am
Usd/chf delivers a pullback to near 0.8900, downside looks likely ahead of us retail sales
USD/CHF has delivered a less-confident pullback move above 0.8890, however, the downside looks solid. The USD Index was heavily dumped after the relea...
April 14, 2023, 12:29 am
Aud/usd and nzd/usd fundamental analysis: business nz pmi sinks
It is a quiet morning session for the AUD/USD and NZD/USD. However, US economic indicators could flash recession later today to test buyer appetite. T...
April 13, 2023, 11:08 pm
Weekly macro outlook
Weekly Outlook WC 10/04/2023 Global composite PMI rose to a 9 month high – this was mainly driven by services with manufacturing remaining the weake...
April 13, 2023, 7:01 pm
Should you buy the ibm turnaround?
International Business Machines Corporation is in the middle of a turnaround, streamlining its business after many years of aggressive acquisitions. I...
April 13, 2023, 6:58 pm
Transcorp drives bullish equities market
The Nigerian equities market is reacting to the purchase of 5.5 per cent stake in Transcorp by billionaire businessman, Femi Otedola. However, a note ...
April 13, 2023, 4:29 pm
M&a activity: down but still alive in 2023
Mergers and acquisitions (M&A) activity has witnessed a slowdown, with market volatility and lingering economic uncertainty weighing heavily on potent...
April 13, 2023, 3:58 pm
Usdjpy finds sellers near the 200 hour ma
The USDJPY has corrected higher off the low which reached just above the natural support level of 132.00. The low reached 132.02 before moving higher....
April 13, 2023, 3:11 pm
Boe pill acknowledges disappointing uk gdp data, cautions on inflation path
BoE Chief Economist Huw Pill commented on today’s UK GDP release at an event hosted by MNI Connect, calling the 0% growth in February “somewhat di...
April 13, 2023, 2:26 pm
Japanese candlesticks analysis 13.04.2023 (eurusd, usdjpy, eurgbp)
By RoboForex.com EURUSD, “Euro vs US Dollar” On H4 near the resistance, EURUSD has formed a Harami reversal pattern. The instrument may now go by ...
April 13, 2023, 1:43 pm
Wendy's (wen) banks on expansion efforts, high costs ail
Wendy's (WEN) focuses on expanding its delivery and mobile order access and fine-tuning user experience to boost digital business. However, inflationa...
April 13, 2023, 1:39 pm
Bionano genomics: dilution coming
Today, we circle back on an interesting diagnostic concern called Bionano Genomics, Inc. The company continues to build out its promising optical geno...
April 13, 2023, 1:15 pm
Acuity brands (ayi) gains from product vitality amid high cost
Acuity Brands (AYI) thrives on product vitality, cost-efficiency initiatives, and acquisitions and divestitures. However, high costs and inflation hur...
April 13, 2023, 12:56 pm
Let's talk about communication services etfs
While investors have renewed interest in the tech sector this year, this week, however, the sector lagged with news of PC shipments falling 29% y/y gl...
April 13, 2023, 12:01 pm
Red metal could mean green for investors
As an industrial metal, copper lacks the glitz and glamour of gold and platinum. However, the red metal is a cornerstone among economic indicators, me...
April 13, 2023, 12:01 pm
When it comes to clean tech spending, china means business
There's no denying that Europe and the U.S. are making admirable strides when it comes to adoption of renewable energy and clean tech advancements. Ho...
April 13, 2023, 12:01 pm
Infosys reports ‘industry leading' revenue growth for full-year 2023; skeptical investors send shares south
Infosys (NASDAQ:INFY) has reported what it described as “industry-leading” revenue growth of 15.3% with healthy 21% operating margins for the yea...
April 13, 2023, 11:27 am
Summit therapeutics: another billionaire project that isn't going anywhere
Summit Therapeutics is mostly owned by Bob Duggan, who made billions from selling Pharmacyclics. However, Pharmacyclics had something to sell....
April 13, 2023, 10:49 am
Sysco's (syy) recipe for growth bodes well amid cost woes
Sysco (SYY) gains from its Recipe for Growth program, which involves five strategic priorities. However, the company has been battling cost inflation....
April 13, 2023, 10:37 am
2 types of corrections, 3 ways to navigate them
Price pullbacks occur through price or time and are often thought of in a negative light by investors. However, corrections can be a necessary ingredi...
April 13, 2023, 9:54 am