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Usd/cad trims post us-cpi losses, rises to 1.3385

USD/CAD is back at 1.3380 after hitting two-day lows at 1.3333. The USD/CAD dropped to 1.3334 after the...

May 10, 2023, 3:59 pm

Why expensify stock plummeted to an all-time low today

Expensify's revenue dropped in its most recent quarter, which wasn't what the market wanted to see. The...

May 10, 2023, 3:29 pm

Bank of america credit and debit card spending dropped yoy for the 1st time since feb 2021

Gaining some traction today is that Bank of America, the leading bank for consumer credit cards, saw credit and debit card spending fall -1.2% year-ov...

May 10, 2023, 2:18 pm

Reassessing occidental etfs as buffett denies full control

Warren Buffett, the CEO of Berkshire Hathaway (BRK-A), recently commented at the company's annual shareholder meeting that they have no plans to take ...

May 10, 2023, 9:09 am

Asos' share price dives almost 12% on disappointing sales news

Sales dropped 8% during the six months to February on weak trading conditions and restructuring measure...

May 10, 2023, 5:15 am

Gold price forecast: xau/usd climbs amidst us debt ceiling uncertainty, falling us bond yields

Another reason that bolstered appetite for XAU/USD was that China’s revealed that manufacturing activity slowed down. At the same time, its Trade Ba...

May 9, 2023, 5:59 pm

Why 3d systems stock just dropped by 10%

3D Systems missed expectations on top and bottom lines in the first quarter. GAAP losses were $0.23 per share, and non-GAAP losses were also worse tha...

May 9, 2023, 12:39 pm

China exports rose 8.5% yoy in apr, exports to russia surged 153% yoy

China’s April exports outperformed expectations, growing by 8.5% yoy to reach USD 295.4B. This marked the second consecutive month of growth, exceed...

May 9, 2023, 4:26 am

Ev maker lucid misses on revenue, earnings in q1

Lucid's first quarter results showed a company with widening losses and revenue that failed to meet Wall Street expectations, results that sent shares...

May 8, 2023, 4:39 pm

Hollywood writers' strike halts production of 'stranger things,' 'severance,' marvel's ‘blade'

The Writers Guild of America dropped their pencils and headed for the picket lines a week ago, and thei...

May 8, 2023, 3:17 pm

Millerknoll is in pity city

The CEO of MillerKnoll ( MLKN , Financial), Andi Owen, faced social media backlash after encouraging employees to "leave Pity City" and focus on the c...

May 8, 2023, 12:02 pm

Australia nab business confidence rose to 9, conditions down to 14

Australia NAB Business Confidence index rose from -1 to 0 in April, while Business Conditions slipped from 16 to 14. A closer look at the details reve...

May 8, 2023, 3:21 am

Usd/cad price analysis: more downside seems solid below 1.3370 on upbeat oil price and canada’s job data

As per Canada’s labor market report (April), Net Change in Employment landed at 41.4K vs. the estimates of 20K. The Unemployment Rate ...

May 7, 2023, 11:59 pm

Usd/jpy weekly outlook

USD/JPY dropped sharply last week after failing to break through 137.90 resistance. But as a temporary ...

May 6, 2023, 3:18 pm

: used-car april retail sales estimated to fall by 8%

Used-car April retail sales fell an estimated 8% year-over-year, Cox Automotive said Friday. Average retail listing prices, however, are still trendin...

May 5, 2023, 8:46 pm

Why pnc financial stock dropped 10.9% this week

Bank stocks struggled this week, as there was another bank collapse. The Federal Reserve raised interest rates for the 10th straight time....

May 5, 2023, 1:01 pm

Us nfp grew 253k, unemployment rate down to 3.4%, avg hour earnings up 0.5% mom

US non-farm payroll employment grew 253k in April, well above expectation of 181k. However, prior month’s growth figure was revised sharply down fro...

May 5, 2023, 12:37 pm

Usd/cad forecast: signal ahead of us, canada jobs data

The USD/CAD exchange rate drifted downwards this week as investors reacted to the Federal Reserve decision. The pair ...

May 5, 2023, 9:59 am

Gbp/usd outlook: fed rate-cut bets exalt amid banking woes

Speculators anticipate further drastic rate cuts from the Federal Reserve. Shares of PacWest Bancorp fell on Thursday, dragging other regional banks d...

May 5, 2023, 9:31 am

Bitcoin and ether flirt with 50-day ma

Market picture The cryptocurrency market capitalisation is marginally lower by 0.1% compared to 24 hours ago, recovering from a 2% drop at the end of ...

May 5, 2023, 8:33 am


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