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Congressional budget office paints grim long-term u.s. deficit picture

If current laws remain unchanged, the U.S. budget deficit will widen at a rapid pace and reach levels o...

June 28, 2023, 2:46 pm

Bitcoin correlation with gold drops, highlighting risk-on nature remains

Bitcoin wants to be digital gold. That may happen one day, but for now it trades like an extreme risk-on asset Read Full Story The post Bitcoin correl...

June 28, 2023, 2:44 pm

As the central bankers spar, the nasdaq turns into positive territory

As the central bank spar amongst each other and the moderator who is trying to find a new headline), the US stocks have come off low levels. The NASDA...

June 28, 2023, 2:25 pm

Abn amro revises gold forecast lower as "investors don't seem eager to buy gold at current levels"

(Kitco News) - Gold prices remain under pressure, trading at a three-month low as the Federal Reserve l...

June 28, 2023, 1:50 pm

Conagra brands (cag) exhibits bright prospects, risks persist

Conagra Brands (CAG) is poised to benefit from strength across its Foodservice and Frozen businesses, along with its effective pricing actions. Howeve...

June 28, 2023, 12:51 pm

3 coal stocks to watch from a challenging industry

Despite the expected drop in U.S. coal production volumes, coal producers like Warrior Met Coal (HCC), SunCoke Energy (SXC) and Hallador Energy Compan...

June 28, 2023, 12:51 pm

Eur/usd: a move through 1.1010 should add to near-term momentum to retest 1.1090/00 – scotiabank

The EUR remains well-supported on dips (minor support at 1.0940 intraday) and I...

June 28, 2023, 12:14 pm

Five below (five) gains from store expansion efforts amid risks

Five Below (FIVE) is poised to benefit from strengthening digital capabilities, a focus on operational execution and store expansion initiatives. Howe...

June 28, 2023, 12:06 pm

Oil remains range-bound, gold under pressure

Oil prices hold in recent range Oil prices are edging higher again today after once again sliding back toward the range lows of the last few months. W...

June 28, 2023, 11:56 am

Aud/jpy technical: minor downtrend remains intact

Recent two weeks of price actions in AUD/JPY have evolved into a minor downtrend. Key resistance on the minor downtrend stands at 96.00. Near-term sup...

June 28, 2023, 10:08 am

Will at&t be a trillion-dollar stock by 2050?

AT&T is a lot less valuable than the country's largest tech companies. Its growth rates could remain sl...

June 28, 2023, 10:07 am

Ethereum’s downward bias

Market picture Cryptocurrency market capitalisation fell 0.2% over the past 24 hours, losing ground since the start of the day on Wednesday but...

June 28, 2023, 10:03 am

Copper technical analysis

Copper has been declining ever since the "China reopening" trade failed. Disappointing economic data from China, coupled with the lack of action from ...

June 28, 2023, 10:02 am

What to know about the partnership between snowflake, nvidia and microsoft

Snowflake Inc. stock's lofty valuation premium remains resilient, defying concerns over its recession-p...

June 28, 2023, 9:24 am

Here's why oracle cloud infrastructure is gaining share in a slowing market

The Oracle stock continues to trade near record high levels, buoyed by optimism over its fundamental growth prospects stemming from a skeptical-turned...

June 28, 2023, 9:15 am

Eur/aud daily outlook

Daily Pivots: (S1) 1.6295; (P) 1.6355; (R1) 1.6451; More… Intraday bias in EUR/AUD remains on the ups...

June 28, 2023, 9:06 am

Eur/chf daily outlook

Daily Pivots: (S1) 0.9761; (P) 0.9791; (R1) 0.9827; More… Range trading continues in EUR/CHF and intraday bias...

June 28, 2023, 9:00 am

Pdi: how good is this juicy 14% yield?

The PIMCO Dynamic Income Fund offers a high dividend yield of 14% but has underperformed in 2023, remain...

June 28, 2023, 8:46 am

Sumitomo mitsui financial group aims for streamlined growth and remains undervalued

Sumitomo Mitsui Financial Group has reported a 39.51% YoY increase in Q1 revenues, reaching $13.66bn, despite a 57.25% decline in net income. The bank...

June 28, 2023, 8:44 am

Usd/jpy: the yen is likely to ease further short-term – commerzbank

GBP/USD is trading under pressure, heading toward 1.2700 in early Europe. The pair is undermined by an extended US Dollar rebound and a cautious risk ...

June 28, 2023, 8:44 am


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