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Audusd erases june’s upleg; bias bearish

AUDUSD sank to a three-week low of 0.6596 on Wednesday as the bulls could not find enough buyers to jump above the 200-day simple moving average (SMA)...

June 29, 2023, 7:44 am

Gdx: crash risks rising as cash crunch intensifies

The VanEck Gold Miners ETF has lost 18% since May, with downside momentum building in gold since it failed to maintain the $2,000 level. Free cash flo...

June 29, 2023, 1:07 am

Marketwatch first take: can the coming ai boom help micron outrun negative china effects?

Micron Technology Inc. could be approaching a big new semiconductor cycle as it predicts a huge boost from AI, but there could be a roadblock on the p...

June 29, 2023, 12:06 am

Can the coming ai boom help micron outrun negative china effects?

Micron Technology Inc. could be approaching a big new semiconductor cycle as it predicts a huge boost from artificial intelligence, but there could be...

June 28, 2023, 8:06 pm

Us treasury auctions off $35 billion 7-year notes at a high yield of 3.839%

High-yield 3.839%Tail -1.1 basis points versus six-auction average of 0.3bps.Bid-to-Cover 2.65 X versus six-auction average of 2.51x.Dealers 8.14% ver...

June 28, 2023, 5:04 pm

Nasdaq index moves back into negative territory

The NASDAQ index has reverse back into negative territory. The index reached a high of 13654.14. It is ...

June 28, 2023, 4:49 pm

Wipro faces soft client discretionary spending amid macro uncertainties

Wipro Limited provides a range of IT consulting and advisory services to organizations worldwide. While management touted its strong growth in booking...

June 28, 2023, 3:00 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

Here's the bit of good news tucked behind a deeply inverted treasury yield curve

The U.S. Treasury market, thought by many analysts to be screaming “recession” for much of the past year, may be sending a surprising signal that'...

June 28, 2023, 1:20 pm

Usd/cad: more decisive negative outlook with next support seen at 1.3100 – credit suisse

USD/CAD has maintained and reinforced its break of key support at the 38.2% retracement of the 2021/2022 uptrend and November 2022 low at 1.3227/25 an...

June 28, 2023, 10:14 am

Gold price today, 28 june: us rate hikes to cause short term negative trends; gold prices may correct

Strong U.S. economic indicators on Wednesday offset gold’s historical status as a safe haven, keeping the metal near three-month lows. Read Full Sto...

June 28, 2023, 5:44 am

Aud/usd slides below 0.6700 as australia inflation, fed chair powell’s speech loom

AUD/USD portrays the typical pre-data consolidation as it drops to 0.6680 ahead of Australian inflation on early Wednesday. In doing so, the Aussie pa...

June 28, 2023, 12:02 am

The us stock market continues to decline due to recession fears. natural gas is approaching $3

By JustMarkets At Monday’s close, the Dow Jones Index (US30) decreased by 0.04%, and the S&P 500 Index (US500) lost 0.45%. Technology Index NASDAQ (...

June 27, 2023, 12:59 pm

Whale drives ether-bitcoin volatility spread lower ahead of options expiry

The spread has flipped negative with consistent institutional selling of ether calls. Some of these pos...

June 27, 2023, 10:29 am

Weekly data: gbpusd & gold price action

GBPUSD, daily The negative Claimant change on the 13th as well as the decline in unemployment figures i...

June 27, 2023, 8:29 am

Tesla's stock reiterated as best pick for 2023 at baird, but sentiment negative as q2 earnings loom

Baird analyst Ben Kallo reiterated his buy rating on Tesla Inc.'s stock TSLA, -6.06% on Tuesday and said he likes it as Best Pick for the year. “Wit...

June 27, 2023, 6:24 am

Spartannash: attractive valuation but lack of catalysts to growth

SpartanNash Company's shares have fallen 29% YTD, and despite an attractive valuation, it is not the best time to go long due to potential risks to re...

June 27, 2023, 4:15 am

Caterpillar: set to maintain margins and continue eps growth

Caterpillar's share price performance has been relatively weak this year, with the company posting variable earnings reports amidst fluctuations in it...

June 27, 2023, 3:54 am

Goldman sachs on the weekend's coup attempt in russia, impact on oil pricing

A snippet from Goldman Sachs on the crude impact of the bumbling cpoup attempt in Russia over the weekend:likely immediate effect of mutiny will be on...

June 26, 2023, 9:21 pm

Amarin: new management, but no radical changes to strategy, or outlook

Amarin recently acquired a completely revamped management. There seems to be no radical shift in strategy, however. Therefore, there is no radical cha...

June 26, 2023, 4:14 pm


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