Tag: Market

Leggett & Platt, a company that specializes in home furnishings, has recently seen a decrease in key financial metrics such as EBIT, EPS, and EBITDA, along with a lower sales guidance. To counter this...

Gold prices are on the rise for the second day in a row as a combination of factors is attracting buyers. The US Dollar remains weak due to expectations of a Fed rate cut...

Bitcoin has been making headlines recently, with the latest news coming from former US President Donald Trump. In a surprising turn of events, Trump has expressed his admiration for the achievements of the Bitcoin...

The Mexican Peso has experienced some ups and downs against the US Dollar recently, with a weekly decline of over 2%. The Federal Reserve's inflation measure, the PCE Price Index, showed steady inflation, leading...

The US stock market closed the week with gains today, although the S&P and Nasdaq were down for the week overall. The Dow and the small-cap Russell 2000 both closed higher, with the Russell...

Gold prices have been making significant moves recently, bouncing back from daily lows and currently standing at $2,385. This increase comes amid a weakening US dollar and anticipation of potential rate cuts by the...

EUR/USD is currently in a consolidation phase as investors await the release of the US core PCE Price Index for June. The annual US core PCE inflation is expected to have slowed down to...

The recent Citi report on politics and oil suggests that the Trump administration could have a significant impact on the oil market. According to Reuters, the report indicates that the presidency of Donald Trump...

Ford Motor Company fell short of Wall Street's expectations for its second-quarter earnings, causing its stock to plummet by 11%. Although the company exceeded revenue projections, its earnings per share were below what analysts...

Goldman Sachs has predicted that there will be a $7 billion stock dump by CTAs amidst the market decline. This forecast comes with a high risk warning as foreign exchange trading carries a high...

The USDJPY currency pair has been on a downward trend and has reached its lowest point since May 16. This decline has caused the price to drop below the 50% mark of the upward...

Alphabet, the parent company of Google, exceeded earnings expectations for the second fiscal quarter. This was mainly due to the strong performance in the digital advertising business and the Cloud segment. For the first...

Foreign exchange trading is a risky business that may not be suitable for everyone. It's important to be aware of the risks involved, especially with leverage, which can increase your exposure to losses. Before...

Spot ether exchange traded funds are set to begin trading on Tuesday. This is exciting news for crypto enthusiasts as it will broaden the investor base for Ethereum, a blockchain technology that many believe...

It's been a rather uneventful summer for the markets lately, with this week starting off on a quiet note that is typical for this time of year. The economic calendar for today is looking...

The U.S. Securities and Exchange Commission has given the green light for exchange-traded funds that hold ether, the world's second-largest cryptocurrency. Trading is expected to begin as soon as Tuesday. Several fund issuers submitted...

The US Dollar continues to face pressure as recent data shows strong growth alongside decreasing inflation. A positive US Retail Sales report indicates that consumer spending may not be as weak as previously thought,...

Danaher Corporation (NYSE:DHR) has been a strong performer in the market, with a history of growth and successful acquisitions. However, despite its track record, the company's valuation is currently at a historically high level,...

Foreign exchange trading is a risky endeavor that may not be suitable for all investors. It involves leverage, which can increase the risk of losses. Before you start trading forex, it's important to carefully...

In March 2020, Simon Property Group (NYSE: SPG) saw its stock drop by about 60% due to the impact of the pandemic. Despite this, the company maintained a strong credit rating and had enough...

United Parcel Service (UPS) is set to announce its second-quarter earnings on July 23rd, prompting a closer look at the company's recent performance and whether it presents a good investment opportunity for the long...

The euro is not moving much today. It is currently trading at 1.0819 against the US dollar, which is a slight increase of 0.05%. Investor confidence in the eurozone, as measured by the Sentix Investor...

The EUR/USD pair continues its recovery, showing bullish momentum as it surpasses the 1.0800 resistance level. A bullish trend line is forming with support at 1.0790 on the 4-hour chart, indicating a positive outlook...

Investors are currently facing a mixed bag of signals as the economy shows signs of softening while the S&P 500 continues to reach new highs. In such a complex environment, many investors are turning...

Foreign exchange trading is a risky venture that may not be suitable for everyone. It involves leverage, which can increase the level of risk and potential loss. Before engaging in foreign exchange trading, it...

I recently took advantage of the lower prices of the preferred shares of Chatham Lodging Trust (NYSE:CLDT) as I believe the risk/reward ratio looks favorable at the moment. I wanted to revisit the recent...

Electric vehicle competition is heating up in Europe, with BYD, a top Chinese electric vehicle manufacturer, making significant moves in the market. The company is expanding its operations to Thailand, opening a new factory...

Gold prices are on the rise, moving closer to a two-week high as investors focus on the upcoming US Nonfarm Payrolls (NFP) report. The US Dollar is weakening for the fourth consecutive day, as...

Bitcoin's price has taken a hit, dropping by 4.5% recently. Many believe that this sudden drop is due to the distribution of 141,000 bitcoins from the Mt. Gox bankruptcy. It's hard to believe that...

The XTIUSD price analysis shows that there is bullish momentum building towards a key resistance area. If a bearish scenario occurs, selling below 83.63 with certain target prices and stop-loss levels is recommended. On...

Manufacturing activity in June continued to show signs of weakness, remaining in contraction territory. However, there was a slight decrease in inflation pressure as the prices paid component fell by 4.9 points. Despite this,...

The Australian Dollar paused its decline after China's Manufacturing PMI surpassed expectations. Australia's own Manufacturing PMI fell for the fifth straight month to 47.2 in June, the fastest decline since May 2020. This negative...

Last week, the focus was on the Japanese Yen as it hit multi-decade lows, remaining the worst-performing currency. Despite the decline, Japanese authorities did not intervene directly in the markets but the looming threat...

United Airlines recently confirmed their strong guidance for the second quarter of the year, but despite this positive news, the stock price has dropped significantly. The company had predicted an EPS of $10 for...

The Commerce Department is set to release a key economic report on Friday that could bring some positive news on inflation. The personal consumption expenditures price index, closely monitored by the Federal Reserve, is...