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Ev makers deliver big

A fleet of electric vehicle (EV) manufacturers provided monthly and quarterly updates over the weekend that can be summed up in one word — powerful....

July 5, 2023, 8:26 am

Nikola's stock slides after reporting q2 delivery numbers

Nikola Corp.'s stock NKLA, -0.72% fell 3.7% premarket Wednesday, after the company reported its second-quarter delivery and production numbers. Phoeni...

July 5, 2023, 8:11 am

Eurozone consumers lower inflation expectations for the year ahead - ecb poll

The consumer inflation expectations for the next 12 months is seen dropping to 3.9% in May, down from 4.1% previously in April. Meanwhile, the consume...

July 5, 2023, 8:07 am

Jasper’s market squawk 04-07-2023

Markets Rise on Truncated Session Indices traded higher with muted volume as the US had an early close on the eve of Independence Day. Chart: AUDUSD K...

July 5, 2023, 7:51 am

Orbex wins 6 prestigious awards for excellence in q2 2023!

We are thrilled to announce that Orbex has received six prestigious awards in the last 3 months, including “Best Forex Broker Africa 2023”, “Bes...

July 5, 2023, 7:36 am

Ecb's nagel: interest rates must rise further

Too early to say how farWary of proclaiming a new era of high interest ratesPrice stability won't come about by itselfWhile hawkish, it's a bit of a v...

July 5, 2023, 7:08 am

European equities pulled lower at the open

Eurostoxx -0.6%Germany DAX -0.6%France CAC 40 -0.6%UK FTSE -0.5%Spain IBEX -0.6%The turn in the mood is coming in the past hour, with US futures also ...

July 5, 2023, 7:08 am

Aud/jpy rebounds from 96.50 despite boj’s intervention chatters escalate

The AUD/JPY pair has delivered a decent recovery after correcting to near 96.50 in the early European session. The risk barometer is fading the sellin...

July 5, 2023, 6:59 am

Gbpjpy technical analysis

The BoE surprised at the last meeting delivering a 50 bps rate hike instead of the 25 bps expected. This move was justified by the higher-than-expecte...

July 5, 2023, 6:52 am

Four corners property trust: recent acquisitions may not result in material upside

Four Corners Property Trust owns and operates primarily restaurant-focused properties net leased to top operators, such as Olive Garden and Longhorn S...

July 5, 2023, 6:33 am

Citi slashes euro area 2023 gdp growth forecast to 0.8% from 1.1% previously

Of note, the firm is revising lower the GDP growth forecast for Germany to 0.2% from 1.0% previously. That is somewhat offset by a revision higher for...

July 5, 2023, 6:30 am

Rivian stock climbs as its vans roll out in europe for amazon, while ups and microsoft shares fall, and other shares on the move

Shares of Rivian Automotive Inc. RIVN, +17.41% climbed 3.5% in premarket trading after Amazon.com Inc. said it had rolled out the first electric deliv...

July 5, 2023, 6:20 am

Eurostoxx futures -0.2% in early european trading

German DAX futures -0.1%UK FTSE futures -0.1%The mood mirrors that in US futures, which are down roughly 0.1% as well currently. It's been a slow star...

July 5, 2023, 6:02 am

Tesla's delivery growth surpasses estimates. what does this mean for the stock

Tesla saw its deliveries for Q2 2023, compared to last year, surge by 83% to 466,140 units....

July 5, 2023, 6:00 am

Is moderna heading for a critical moment?

Moderna recently asked regulators for authorization of its updated coronavirus vaccine. The company says it's ramped up production and is ready to del...

July 5, 2023, 5:30 am

Fx option expiries for 5 july 10am new york cut

There is just one to take note of, as highlighted in bold.That being for EUR/USD at the 1.0900 mark. That could see price action be more sticky around...

July 5, 2023, 5:23 am

European central bank speakers on wednesday, 5 july 2023 include villeroy, de cos

Members of the European Central Bank Governing Council coming up later include:1100 GMT/0700 US Eastern time: French central bank head Francois Viller...

July 5, 2023, 3:29 am

Forexlive asia-pacific fx news wrap: usd adds on a few points

Chinese state media tabloid Global Times says metal export curbs a warning to US, alliesOffshore yuan has weakened after the PBOC set the CNY stronger...

July 5, 2023, 2:50 am

Tesla's china deliveries account for more than half of global sales

Tesla's deliveries from its Shanghai factory more than doubled in the second quarter, accounting for over half of its record global sales, according t...

July 5, 2023, 2:14 am

China caixin services pmi slides to 53.9 despite improved optimism

In June, China Caixin Services PMI numbers gave investors more to fret about and more reasons for Beijing to deliver more stimulus to boost growth. Th...

July 5, 2023, 2:10 am


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