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Boe and snb rate hikes add spice, but lack impact
The market witnessed some ups and downs today with BoE and SNB rate decisions stirring the waters. However, these movements failed to usher in a susta...
June 22, 2023, 1:10 pm
Gold prices still struggling, boe shows global rates have further to rise
Gold remains mired despite some less hawkish than expected testimony from the Fed’s Powell......
June 22, 2023, 1:00 pm
Eurusd extends higher today but backs off after break of 1.1000 fails
The EURUSD moved above the 1.1000 level and the swing high from early May (May 10 to be exact) at 1.1006. The high price it today reached 1.1011 befor...
June 22, 2023, 12:59 pm
Us q1 current account -219.3b vs -217.5b expected
Prior was -206.8BThe current account represents the most comprehensive gauge of a nation's international financial interactions. It encapsulates not j...
June 22, 2023, 12:30 pm
Gbpusd waits on boe rate decision
By ForexTime The GBPUSD remains choppy on the daily timeframe but bulls linger in the vicinity. Further...
June 22, 2023, 12:27 pm
The nzd is the strongest and the jpy is the weakest as the na session begins
As the North American session begins, the NZD is the strongest and the JPY is the weakest. The USD is mixed ahead of the Fed Chairs 2nd day of testimo...
June 22, 2023, 12:10 pm
Deckers (deck) to benefit from brand strength amid headwinds
Deckers Outdoor (DECK) is well poised to benefit from strength across its HOKA and Teva brands, store expansion initiatives and solid liquidity positi...
June 22, 2023, 11:51 am
Darden reports a slowdown in fine dining: ‘i think this segment will remain strong'
Darden Restaurants Inc (NYSE: DRI) is slightly in the red this morning even though it reported a strong fourth quarter and issued upbeat future guidan...
June 22, 2023, 11:44 am
Apple: be fearful when others are greedy
Apple is nearing a $3 trillion market cap, but its overvaluation and risks to its narrative could lead to a stock correction. Despite efforts to grow ...
June 22, 2023, 11:36 am
Eur/usd: surges to 1-month high as powell’s hawkish testimony fails to impress
EUR/USD is testing a one-month high as traders remain unconvinced by Powell’s testimony and doubt fur...
June 22, 2023, 10:45 am
Whatever the boe decides today, there will be disappointment
And the remaining odds? Well, they are siding with a 50 bps move instead. Keep in mind, that those odds...
June 22, 2023, 10:21 am
Gold prices remain under pressure as u.s. existing home sales rise 0.2% in may
(Kitco News) - The U.S. housing sector could be close to a bottom as consumers start to wade back into the market, according to the latest housing sal...
June 22, 2023, 10:08 am
Hess expects cash flow to rise 25% per year for the next five years - ceo
U.S. oil producer Hess Corp. forecasts a 25% per year increase in cash flow for the next five years with oil r...
June 22, 2023, 8:57 am
Evergreen sustainable enterprises activates hydroelectric-powered bitcoin miners in costa rica
Evergreen Sustainable Enterprises (OTCQB:EGSE) Inc has begun operations for its 240 new Bitmain S19J Pro+ ASIC bitcoin miners, the company announced.�...
June 22, 2023, 8:54 am
Is it too late to buy rivian automotive stock?
Rivian faced tough supply-chain challenges throughout 2022. However, Amazon remains confident in its gr...
June 22, 2023, 8:45 am
Usd/chf rebound swiftly from 0.8900 mark after snb’s expected 25 bps rate hike
USD/CHF attracts some intraday buyers after the SNB announced its policy decision. The expected 25 bps lift-off and the lack of fresh hawkish signals ...
June 22, 2023, 8:44 am
Gold prices remain under pressure even as u.s. jobless claims hold steady at 264k
(Kitco News) - Momentum in the U.S. labor market continues to weaken as the number of workers applying for first time unemployment benefits...
June 22, 2023, 8:41 am
Gbp/usd forecast: gaining back to 1.28 ahead of boe meeting
Fed Chair Powell adhered to his customary messaging during his testimony. The BoE will likely raise interest rates for the 13th consecutive time on Th...
June 22, 2023, 8:35 am
2 no-brainer healthcare stocks to buy right now
AbbVie's shares are dropping due to an anticipated obstacle, but the company's prospects remain bright....
June 22, 2023, 8:00 am
Oil remains choppy, gold eyes boe decision
Oil remains choppy but edging towards the upper end of its range Oil prices...
June 22, 2023, 7:44 am