In this article PLTR Follow your favorite stocksCREATE FREE ACCOUNT Alex Karp, CEO of Palantir, arrives for the “AI Insight Forum” at the Russell Senate Office Building on Capitol Hill on September 13, 2023 in Washington, DC. Alex Wong | Getty Images Palantir shares fell 10% in extended trading on Monday after the defense tech
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The US Dollar heads back to flat after taking a step back earlier. The Greenback gave up its earlier gains against the Chinese Yuan and the Japanese Yen this Monday. The US Dollar Index trades near 105.00 and flirts with a break below. The US Dollar (USD) sees traders piling back into trades and bets that
The GBP is the strongest and the JPY is the weakest as the NA session begins. The USD is mostly lower with modest declines of -0.08% to -0.26% for the EUR, GBP, CAD, AUD, and NZD. The greenback is unchanged vs the CHF and stronger by 0.52% vs the JPY after its -3.38% decline last
As hopes for rate cut get delayed and tensions in the Middle East seem to intensify, gold prices on MCX for June futures contracts rose by Rs 208 or 0.29% to trade at Rs 70,876 per 10 grams while MCX July silver contracts were up by Rs 742 or 0.92% to Rs 81,785 per kg.
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
Yen weakens broadly in Asian session, albeit in a subdued market environment due to Japan’s holiday. Despite this, the selloff in the Japanese currency remains relatively contained, with traders vigilant of market intervention by Japan. While 160 level against Dollar is currently considered a floor for Yen, uncertainty persists regarding Japan’s desired exchange rate, which
Coterra Energy topped Wall Street expectations Thursday with first-quarter results that further proved the Club holding’s nimble production strategy is the right one for shareholders. Revenue in the three months ended March 31 fell 19% year over year to $1.43 billion, beating the consensus forecast of $1.39 billion, according to analyst estimates compiled by LSEG.
WTI price gained ground after Saudi Arabia increased the Official Selling Prices (OSPs) for Oil sold to most regions. OPEC+ producers are prepared to prolong voluntary output cuts of 2.2 million barrels per day beyond June. Oil prices edged up due to concerns about the potential failure of a Gaza ceasefire deal. West Texas Intermediate (WTI)
The EURUSD moved sharply higher after the US jobs report, and in the process extended above the 50% midpoint of the move down from the March high and also the 200-day moving average (at 1.0797 currently). The price did extend above those levels and the high of a swing area up to 1.08036. but failed.
In the unpredictable world of gold and silver trading, volatility is a constant companion, posing both opportunities and risks for investors. To shield portfolios from potential losses during turbulent times, hedging strategies play a crucial role. This article explores various hedging techniques that traders and investors can employ to protect their portfolios in the volatile
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple CEO Tim Cook, right, and Deirdre O’Brien, senior vice president of retail, open the doors during the grand opening of Shanghai’s new Apple retail store, March 21, 2024. Strstr | Afp | Getty Images Apple reports earnings for the second fiscal quarter on Thursday
The daily indicators hint at a strengthening bullish momentum. Hourly indicators are consolidating after hitting overbought conditions earlier in the session. If the buyers regain the 100-day SMA, the bearish trend will be threatened. At the end of the week, the NZD/USD rallied to around 0.6050, up by 0.80%. Bullish momentum is picking up but
Crude oil The price of crude oil is trading a session most going into the settlement. The price just reached $78.21. That’s down $0.74 on the day. Looking at the daily chart, the price is moving to new lows for the week and new lows going back to March 13. It is also getting closer
Spot gold closed $2 down at $2301 in a highly volatile market Friday. US nonfarm payroll and ISM services data fell short of forecast; however, inflationary pressure continues to build up. The metal was down around 1.50% on the week. The US yields retreated on dismal US data. The ten-year US yields were down 1.95%
UPCOMING EVENTS: Monday: China Caixin Services PMI, Eurozone PPI, Fed SLOOS. Tuesday: RBA Policy Decision, Switzerland Unemployment Rate, Eurozone Retail Sales. Thursday: Japan Average Cash Earnings, BoJ Summary of Opinions, BoE Policy Decision, US Jobless Claims. Friday: New Zealand Manufacturing PMI, UK GDP, Canada Jobs report, US University of Michigan Consumer Sentiment survey, Tuesday The
People walk in the rain over London Bridge in central London. Picture date: Tuesday March 12, 2024. Lucy North – Pa Images | Pa Images | Getty Images The U.K.’s “sluggish” growth prospects have put it on course to be the worst-performing economy of all advanced nations next year, according to new forecasts from the
Block Inc logo is seen displayed in this illustration taken, April 10, 2023. Dado Ruvic | Reuters Block reported first-quarter earnings after the bell that exceeded analysts’ estimates. The stock rose 10% in extended trading. Here’s how the company did, compared to analysts’ consensus from LSEG. Earnings per share: 85 cents adjusted vs. 72 cents