The has moved up to a new session high at 5262.47, and in the process is trading at a new intraday all-time high price extending above the March 21 at 5261.10. The S&P is looking to end the quarter with gains of over 10% and the largest first-quarter gain since 2019. The current gain is
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
Gold price climbed Rs 350 to Rs 67,350 per 10 grams in the national capital on Thursday amid strong trends in the international markets, according to HDFC Securities. Extending its gains for the second straight session, the price of the precious metal had settled at Rs 67,000 per 10 grams in the previous trade. Silver
Nikkei tumbled sharply in Asian session today, largely in response to Yen’s rebound late yesterday, which followed strong verbal interventions by Japanese officials aimed at curbing the currency’s recent weakness. Additionally, profit-taking activities could be another factor as markets gear up for an extended holiday weekend. Yen’s rebound,while notable, has not yet demonstrated strong momentum,
AMC Entertainment tumbles after disclosing plan to sell $250 million worth of stock. Cash would be used to pay down existing debt load. Kung Fu Panda 4 and Dune: Part 2 are doing well at the box office. Support from February awaits AMC stock at $3.60. AMC Entertainment (AMC) stock is back on the dilution train.
With the stock market closed tomorrow, today is the end of the month and the quarter for stocks. Russell 2000 is trading at the 52-week high The Russell-2000 of small-cap stocks are doing the best of the major US indices today with a gain of 0.89% and in the process is trading to a new
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
Oil prices rose on Thursday, following two consecutive sessions of decline, as investors anticipated tighter supplies given the OPEC+ producer alliance is widely expected to stay the course on its current production cuts. Brent crude futures for May were up $1.23, or 1.4%, at $87.32 a barrel, while the more actively traded June contract rose
Dollar initially gained momentum in European session and breaks through near term resistance against Euro. However, the greenback then saw a swift reversal as the market transitioned into US session. Despite a stronger final reading for US Q4 GDP, the impact on the greenback was muted, attributed largely to the data’s perceived obsolescence given the
In this article WBA Follow your favorite stocksCREATE FREE ACCOUNT A person rides past a Walgreens truck, owned by the Walgreens Boots Alliance, Inc., in Manhattan, New York City, U.S., November 26, 2021. Andrew Kelly | Reuters Walgreens on Thursday reported fiscal second-quarter sales that beat Wall Street’s expectations, but lowered the high end of
ASX 200 Index extends its gains on expectations of RBA reducing interest rates in the second half of 2024. Australia’s Consumer Inflation Expectations increased to 4.3% in March, against the previous rise of 4.5%. Allup Silica has extended its application potential by achieving high-purity results from its Sparkler project. The ASX 200 Index rises to nearly
GBPUSD trades above the 100 day MA, but below 200 day MA. The GBPUSD last Friday moved below its 200-day MA (at 1.2590), and the low of a swing area between 1.2594 to 1.26137. That should have led to more selling momentum, but that did not happen. The price recovered higher. On Monday, there was
Given the holiday, we should see market conditions take on a quieter look and feel to end the week tomorrow. US markets will be open though, so it isn’t a complete shutdown. During which, we will get the PCE price index and also an appearance by Fed chair Powell here. But more importantly, Japanese markets
Gold prices eased on Thursday as the U.S. dollar and bond yields ticked higher after comments from a Federal Reserve official on interest rate cuts, while investors looked forward to more economic data for policy clues. FUNDAMENTALS * Spot gold was down 0.2% at $2,189.29 per ounce, as of 0139 GMT. * U.S. gold futures
Japanese Yen breached its recent low against the broadly strong Dollar in Asian session today, but the selloff halted just before reaching 152 mark. The momentum of Yen’s decline appears to be cushioned by Japan’s heightened verbal intervention. Finance Minister Shunichi Suzuki issued a stern warning about Yen’s depreciation, warning of “decisive steps” to support
Mexican Peso skyrockets sharply toward 16.53 against the US Dollar as USD/MXN contracts 0.65%. Mexico’s narrowed trade deficit and the tighter labor market in Mexico contributed to Peso’s ascent, surpassing expectations. Attention turns to Federal Reserve Governor Christopher Waller’s comments on Wednesday. The Mexican Peso rallied to a new eight-year high against the US Dollar
In the video above, I take a look at the AUDUSD from a technical perspective. This week, the price action has been up and down volatile. Today, the low was pressed with the price moving down to test a lower upward sloping trend line. That trend line was broken on 2 separate occasions. Each failed.
BofA analyzes the short-lived USD selloff following the March FOMC meeting, attributing the initial decline to several perceived dovish indicators from the Fed. However, subsequent dovish actions or communications from other G10 central banks, such as the SNB’s surprise cut and the BoJ’s “dovish hike,” have since weighed on their respective currencies, leaving the USD