Tag: Market trends

Japan's core consumer price index (CPI) excluding food prices increased by 2.5% year-on-year in May, which is slightly lower than the expected 2.6%. This is the 26th consecutive month that core inflation has exceeded...

The NZD/JPY cross has been on an upward trend, reaching new cycle highs above 97.00. This positive movement continued on Thursday as the cross surpassed the previous resistance level and set a fresh cycle...

FX option expiries for June 20 NY cut at 10:00 Eastern Time, via DTCC, can be found below:- EUR/USD: • 1.0600 - 1.9 billion euros • 1.0700 - 2.3 billion...

Verizon recently reintroduced its unlimited data plan, which is great news for its customers but not so great for its investors. The company's stock fell nearly 1.5% in early trading on Monday and is...

SweetBunFactory Nova (NASDAQ: NVMI) is an innovative company that specializes in process control for semiconductor equipment applications. This sector is crucial in the AI-driven world we live in today. Nova's stock has been performing...

The recent minutes from the Bank of Japan's meeting on April 25-26 have shed light on the concerns surrounding the impact of the weak Yen on inflation. Board members are keeping a close eye...

New York Federal Reserve President John Williams recently discussed the state of the US economy in an interview with FOX Business. Williams expressed confidence in the economy, pointing to signs of supply and demand...

Steve Cohen, the chairman and CEO of Point72, recently discussed his plans to dive into the world of artificial intelligence (AI) investing during an interview with CNBC on April 3, 2024. Point72, led by...

The U.S. Treasury is set to auction $13 billion of 20-year bonds at 1 PM ET today. This auction will be closely monitored as the results will provide insight into the demand for long-term...

Warren Buffett recently attended the annual Berkshire Hathaway shareholders meeting in Omaha, Nebraska, where he discussed his increased stake in Occidental Petroleum. Over the past nine trading sessions, Buffett's Berkshire Hathaway has been steadily...

Gold prices are holding steady above $2,300 as uncertainty looms around the Federal Reserve's rate-cut decisions. The Fed's recent hawkish outlook has led to speculation about only one rate cut in 2024, which has...

In the upcoming holiday-shortened week, there are several key data highlights to look out for. The US retail sales report will be released tomorrow, followed by the UK CPI on Wednesday, and Japanese inflation...

The USD lost ground last week due to a soft US CPI report, leading to market expectations of two rate cuts by the end of the year. However, the market reversed its moves after...

Oil prices have been experiencing some fluctuations recently, with no major news driving prices up. Traders are closely monitoring how the shift towards Electric Vehicles will impact oil demand in the medium to long...

In times of market volatility, investors often seek out dividend-paying stocks as a way to generate income and provide stability to their portfolios. With so many options available, it can be challenging to identify...

In December 2023, during a time when the market was anticipating several rate cuts, Apollo Asset Management Co-President Scott Kleinman shared a different perspective. He mentioned that he was against any rate cuts in...

The USD/JPY pair showed a choppy rise from 151.86 and broke through the 157.70 resistance last week. This led to a continuation of the upward movement, with the initial bias leaning towards the upside...

The NZD/USD pair has been stabilizing near the 20-day Simple Moving Average (SMA) of 0.6140 after a dip to a low of 0.6115. Bulls and bears are currently locked in a tight battle, with...

Funtap Gen Digital Inc. is a company that specializes in cybersecurity and antivirus products and services. Following the merger of NortonLifeLock and Avast in 2022, the company's revenue and cost synergies were expected to...

As Wall Street analysts continue to carefully select stocks that can withstand short-term challenges and provide long-term returns, three top picks have emerged. According to TipRanks, a platform that ranks analysts based on their...

Last week, the EUR/USD experienced a drop due to political news from France, causing it to open the new week with a gap down. Although the gap was eventually filled later in the week,...

GameStop shares took a hit on Monday, dropping about 12% following a significant decline of nearly 40% on Friday. This downward spiral was triggered by a disappointing earnings report and an unimpressive livestream from...

Several key topics in the world of finance have been gaining increased attention recently. One such topic is the discrepancies and unusual aspects of the jobs report. The high percentage of jobs created by...

The past week in the world of Forex and cryptocurrency trading was filled with significant events and developments that impacted the markets. Let's take a closer look at some key highlights from the recent...

The S&P 500 (SPY) had a strong week, reaching the long-awaited target of 5400-412. This prompted a re-assessment rather than a rush to close positions and go short. The positive momentum was supported by...

Five Below, a discount retailer that has seen impressive growth since going public in 2012, is currently facing challenges in 2021. Despite expanding from less than 250 locations to over 1,600 stores nationwide, the...

Bitcoin exchange traded funds (ETFs) have finally launched in January, and financial advisors are slowly starting to adopt them, as per insights shared by BlackRock's Samara Cohen. Currently, about 80% of bitcoin ETF purchases...

Gold prices took a hit on Thursday following the release of U.S. producer prices data. The U.S. Federal Reserve recently announced that they would only be cutting interest rates once this year, which is...

The HVAC air filter market is expected to increase by USD 2.45 billion from 2024-2028, with a growth rate of 4.01% during that period. The main driving force behind this growth is the rise...

The global automotive anti-lock braking system market is projected to reach USD 123.85 billion by 2033, with a Compound Annual Growth Rate (CAGR) of 8.22%. This system is used in vehicles to help drivers...

Senstar Technologies Corporation, a company known for providing physical, video, and access control security products and solutions, has recently announced its financial results for the first quarter of 2024. The company reported revenue of...

GURU Organic Energy Corp. has reported impressive financial growth in the second quarter of 2024. The company saw a 19% increase in net revenue for the first six months of the year, reaching $15.1...

The global dental consumables market is on the rise, with a projected value of $54.6 billion by 2029, up from $36.3 billion in 2024. This growth is driven by various factors such as increasing...

Moderna's Latest Breakthrough in RSV Vaccine Approval Signals Potential Market GrowthModerna, a well-known biotech company that gained prominence during the development of a successful coronavirus vaccine, has recently received positive news that could mark...

Lundin Mining Sees 5-Year Earnings Decline, But Shareholders Still Up 167%When it comes to investing in companies, there's always a risk of losing money. However, if you choose a company that is thriving, the...