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Gold drops to three-week low as risk aversion sentiment favours dollar; prices range-bound, go long on dips

Gold prices are testing critical support as they have dropped to a three-week low, whereas MCX gold has...

August 4, 2023, 6:59 am

Is qualcomm stock a buy now?

Qualcomm posted a mixed Q3 report. Its revenue and earnings dropped for the third consecutive quarter....

August 4, 2023, 5:07 am

China's ministry of commerce said it would drop tariffs on australian barley imports

Anti-dumping and anti-subsidy tariffs on Australian barley imports were slapped on by China 3 years ago. China's Ministry of Commerce announced on Fri...

August 4, 2023, 4:00 am

: nikola shareholders approve plan to increase share count

Shares of Nikola Corp. NKLA dropped less than 1% in the aftermarket Thursday after the electric-truck m...

August 4, 2023, 12:02 am

Apple faces longest sales slowdown in decades

Apple Inc.'s sales dropped for a third straight quarter. The company reported a revenue decline of 1.4%...

August 3, 2023, 9:26 pm

Why nerdwallet stock dropped today

NerdWallet technically beat expectations for revenue in the second quarter but fell short of expectations on the bottom line. The personal finance gui...

August 3, 2023, 7:06 pm

Nikola stock falls after shareholders approve plan to increase share count

Shares of Nikola Corp. NKLA, +12.42% dropped more than 4% in the aftermarket Thursday after the electri...

August 3, 2023, 5:12 pm

Lithium producer livent's stock falls toward 3-month low after revenue misses expectations, as volume was flat but prices were lower

Shares of Livent Corp. LTHM, -2.51% dropped 1.8% toward a three-month low in after-hours trading Thursd...

August 3, 2023, 4:30 pm

Cargurus stock tanks 6% after online car marketplace delays earnings report

Shares of CarGurus Inc. CARG, -3.89% dropped nearly 6% in the extended session Thursday after the onlin...

August 3, 2023, 4:15 pm

Gold price: weaker rebound on downbeat us unemployment

The XAU/USD remains bearish as long as it stays below the S1 (1,940). The median line (ml) could attract the price. Tomorrow, the US Average Hourly Ea...

August 3, 2023, 1:19 pm

Us initial jobless claims rose 6k to 227k

US initial jobless claims rose 6k to 227k in the week ending July 29, above expectation of 223k. Four-week moving average of initial claims ...

August 3, 2023, 12:41 pm

Boe hikes 25bps, softens hawkish bias slightly

BoE raises Bank rate by 25bps to 5.25% today. Two members, Jonathan Haskel and Catherine Mann voted for 50bps hike. Swati Dhingra voted for no change ...

August 3, 2023, 11:22 am

France july final services pmi 47.1 vs 47.4 prelim

Prior 48.0Composite PMI 46.6 vs 46.6 prelimPrior 47.2This just confirms a further slump in the French services sector in July and a contraction in the...

August 3, 2023, 7:50 am

Conocophillips joins shale peers in reporting q2 profit slump

U.S. shale producer ConocoPhillips reported a fall in second-quarter profit on Thursday, as oil and gas prices ...

August 3, 2023, 7:05 am

Swiss cpi slowed to 1.6% yoy in jul, core cpi down to 1.7% yoy

Swiss CPI fell -0.1% mom in July, matched expectations. Core CPI (excluding fresh and seasonal products, energy and fuel) was down -0.2% mom. Domestic...

August 3, 2023, 6:43 am

Wizz air profits lift off but investors aren't convinced

Wizz Air Holdings PLC (AIM:WIZZ) the budget airline, posted over a 50% jump in first-quarter revenues, but shares in the group ...

August 3, 2023, 6:21 am

China’s caixin pmi composite fell to 51.9, lowest since jan

China’s Caixin PMI Services increased slightly from 53.9 to 54.1 in July, surpassing the anticipated figure of 52.5. However, this reading fell shor...

August 3, 2023, 2:55 am

Nzd/usd flat-lines around 0.6075 area, bias remains tilted in favour of bearish traders

USD/JPY is bouncing back toward 143.50, having dropped from the latter to hit fresh session lows at 143...

August 3, 2023, 2:45 am

Economic calendar in asia thursday, 3 august 2023, china services pmi

Today's PMI from China is the last one for July. Which is a bit of a relief, the story of the Chines July PMIs so far has not been a happy one:China o...

August 2, 2023, 8:24 pm

King dollar returns and takes down commodities and their currencies

USD surges as 10-year Treasury rises 4.4bps to 4.067%, highest level since November Oil unable to rally after US crude stockpiles ...

August 2, 2023, 6:01 pm


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