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Dow Jones Futures Rise As Micron Jumps On Earnings, Lifting Sandisk, AI Stocks; Fed Inflation Data Due
Micron surged overnight on strong earnings and guidance, lifting other memory and chip plays. The Fe...
US Equity Markets Mixed as Crude Oil Prices, Government Bond Yields Fall
US equity indexes were mixed on Wednesday amid a decline in crude oil prices and government bond yie...
US banks would lose $700bn in economic crash, Fed stress tests find
Country’s 32 biggest lenders all receive passing grades...
Euro flatlines above 1.1600 amid hawkish Fed stance, Iran deal uncertainty
The EUR/USD pair trades flat near 1.1625 during the early Asian session on Thursday. The potential upside for the major pair might be limited, as uncertainty surrounding US–Iran talks could boost the ...
Nvidia’s record breaking results fail to wow investors, for now
The world’s most valuable company has finally released its results for last quarter. The company announced record breaking revenue for the first three months of the year at $81.6bn, an 85% increase on ...
Silver Price Analysis: Bullish harami forms, eyes on $80 breakout
Silver price advances during the North American session as it forms a ‘bullish harami’ candle chart pattern, an indication that further upside is seen in the short term. At the time of writing, the XA ...
Euro rebounds as Iran-US talks weigh on the US Dollar
The Euro seems to have bottomed below 1.1600 and has edged higher during the day amid growing speculation of a US-Iran deal and a hawkish Federal Reserve at April’s monetary policy meeting. The EUR/US ...
South Korea Producer Price Index Growth (MoM) rose from previous 1.6% to 2.5% in April
South Korea Producer Price Index Growth (MoM) rose from previous 1.6% to 2.5% in April
South Korea Producer Price Index Growth (YoY): 6.9% (April) vs 4.1%
South Korea Producer Price Index Growth (YoY): 6.9% (April) vs 4.1%
Nvidia beats Q1 consensus, raises Q2 guidance to $91 billion
Nvidia (NVDA) easily beat consensus for the fiscal first quarter, though the share price was largely unimpressed afterhours on Wednesday.
Gold rallies as Fed minutes flag hikes, US Dollar slides
Gold (XAU/USD) finds bids and edges higher during the North American session on Wednesday after the Federal Reserve’s (Fed) last meeting minutes showed that most officials favored laying the groundwor ...
US Oil exports drain crude stockpiles – Bloomberg
A Bloomberg article revealed that US crude stockpiles plunged, as Oil exports began to empty domestic supply inventories.
Silver price rebounds as lower US yields, US-Iran tensions bolster haven demand
Silver (XAG/USD) rises on Wednesday and trades around $76.00 at the time of writing, up 3.11% on the day, as investors return to precious metals following a pullback in US Treasury yields.
Australian Dollar rises ahead of key Australian employment data
The AUD/USD pair rose near the 0.7150 region on Wednesday as the United States (US) Dollar (USD) continued to strengthen following upbeat US labor market data from Tuesday. Traders now turn their atte ...
Reprieve time it is
Right as called for clients, Nasdaq served premarket intraday gains on the long side, while S&P 500 provided the bulk of them on the short side yesterday. Brace yourselves for volatility today as ther ...