The USD/JPY pair gained momentum in the Wednesday Tokyo session, edging above critical resistance levels. The currency pair has attracted investors with its significant movement toward key support levels, leading to heightened anticipation among market participants. The release of the candidates for the new governor of the Bank of Japan has also generated anxiety as […]
The year 2022 was a wild ride for investors as they navigated the unpredictable economic landscape. Despite initial optimism and growth in the market, the three major indices, NASDAQ, S&P 500, and Dow Jones, all saw their worst performances in over 15 years. The NASDAQ, in particular, had a tumultuous year, experiencing a massive run […]
Adoption of Blockchain-based IDs Phasing Out Physical IDs Security Token Regulation South Korea’s Financial Services Commission (FSC) published new guidelines on Monday stating that FSC will regulate digital securities or blockchain-based tokenized assets according to the capital market rules. The highly anticipated regulations are to institutionalize with the legislators of the country’s National assembly laying […]
Cardano’s bullish rise in the past days Bitcoin prices fallout Impact of the NFP Report on the cryptocurrency Cardano’s Bullish Rise Small coins have gained after the Central banks in Europe, and the UK decided to ease the hiking of high-interest rates. Currencies such as Cardano increased in New York with gains above 2%, extending […]
GSK with Impressive Q4 Results GlaxoSmithKline (GSK) has made headlines with its stunning Q4 results, far exceeding industry predictions. The pharmaceutical giant attributes this success to the booming demand for its highly effective Shingles Vaccine, Shingrix. The innovative vaccine, which has become a game-changer in the market, has propelled GSK to new heights and left […]
The US dollar experienced a rise at the start of the trading week, driven by negative market sentiment and heightened demand for safe-haven assets. However, despite the initial uptick, investors advise caution as the week ahead is packed with key economic indicators. The FED and the European Central Bank are set to make their interest […]
Wall Street closed the week on a high note as corporate and economic data showed signs of decreasing inflation. In addition, the Personal Consumption Expenditures (PCE) index, a key measure of inflation, supported the rally. As a result, the three major indices – the S&P 500, the Dow Jones Industrial Average, & the Nasdaq Composite […]
AUD/USD is on an upside stance, exploring new peaks since last year (August). Meanwhile, optimistic MADC signals support buyers. Almost overbought Relative Strength Index and many obstacles challenge immediate upsides. AU-USD bulls celebrate the massive Aussie inflation stats, with the quote renewing 5-month highs near 0.7115 early Wednesday. Alongside Australia’s upbeat quarterly CPI (Consumer Price […]
Market Overview On Monday, Wall Street ended positively as all major indices saw gains. The Dow Jones Industrial Average increased by 0.76%, the S&P 500 by 1.19%, and the Nasdaq by 2.01%. The Nasdaq hit staggering highs, driven by the semiconductor sector. This week is shaping up to be a significant one for earnings, with […]
Netflix stock has been on a roll lately, thanks to some impressive Q4 results that have sent investors scrambling to get in on the action. The streaming giant announced that it had added over 7.5 million new subscribers during the quarter, which is an impressive number by any standard. This strong performance is just the […]
DOGE price pierced the $0.0813 hurdle and attempted to use the barrier for further upsides. A rebound from the area might trigger a 10% price move toward the $0.0946 selling climax. Flipping $0.813 into resistance would cancel DOGE’s bullish thesis. Dogecoin price reflects clear bounce-off signals at a steady support floor. Resetting bullish strength might […]
GBP-USD revives intraday low as it snaps a 3-day uptrend following the key United Kingdom data. British Retail Sales dipped to -1.0% month-on-month in December against the expected 0.5% and prior -0.4%. Hawkish Fed enables the USD to pare the latest losses regardless of downbeat U.S. data. Positive remarks from Bailey of BoE, JPMorgan’s positive […]
Rolls-Royce Holdings plc, the luxury car maker, has reported record sales in 2022 with an average unit price of $500,000. The company attributes this uptick in sales to a fall in demand for Chinese cars due to COVID-19 regulations. As a result, Rolls-Royce has also reported that they have orders that run deep into 2023, […]
When investing in the stock market, many people focus on finding stocks that have the potential to provide a high return on investment. One strategy that investors can use to identify such stocks is to look for companies that have strong value and are undervalued by the market. These types of stocks provide a great […]
According to analysts, Russia is increasingly relying on oil and gas revenues to support its efforts in Ukraine. Therefore, analysts predict that the Russian government may have to raise taxes if oil and gas prices do not meet expectations. As a result, this tax rise may not be good for the general living conditions of […]
China’s December ended on a low, with a sharp export decline due to cooling global demand. Moreover, their import market is experiencing a sharp downturn owing to the new wave of COVID-19 infections and property downturn. According to Reuters, these threats highlight the economic threat to the colossal country’s economy. China’s Exports and Imports China’s […]
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The United States dollar trades relatively flat against other leading currencies on Thursday morning as investors await the U.S. inflation data release later today. Many renowned institutions and banks remain on the sidelines, awaiting data clarifying upcoming interest rate decisions. The March United States Dollar Index hovered at 102.790 during this writing, losing 0.13% or […]
It’s a quiet Wednesday for the GBP-USD, without United Kingdom economic signals to contemplate. The lack of data will leave GBP-USD under the influence of the market’s risk sentiment. The pair showcased movements today morning. Market anticipations of softer United States inflation figures supported partial revivals of the latest loss. Nonetheless, while softer inflation numbers […]
The Decline in Stock Prices Shares are currently trending downward as investors’ attention shifts towards rising interest rates and an upcoming speech by the head of the Fed Reserve. The main UK stock index has consistently declined throughout the day, showing a decline of 0.29%. Analysts downgraded two companies, causing Anglo American to decrease by […]
