In this article RBLX Follow your favorite stocksCREATE FREE ACCOUNT The New York Stock Exchange welcomes executives and guests of Roblox in celebration of its direct listing, March 10, 2021. NYSE Roblox reported results for the fiscal fourth quarter on Wednesday that beat consensus estimates on the top and bottom lines. Shares jumped 13% in
Share: EUR/USD saw little momentum in thin Wednesday action. European economic data continues to soften. Friday’s Germany HICP inflation to be key release this week. EUR/USD saw a thin grind higher on Wednesday before a late break to the downside in the US market session followed by a slim recovery into the day’s mid-range. The
In New Zealand today, the key quarterly employment statistics will be released expectations at the unemployment rate is expected to rise to 4.3% from 3.9%. The labor cost index is expected to rise also by 0.8% versus 0.8% last month. Technically, the price of the NZDUSD is “hanging around” some key/important technical levels. On the
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 traded with declines on Wednesday amid a stronger dollar index (DXY) which stayed at an eight-week high level. The better-than-expected US jobs data has dashed Street’s hopes of an imminent rate cut by the Federal Reserve strengthening the greenback. Taking cues from the global price trends, the MCX April gold futures were trading at
Australian Dollar recovered mildly today, but momentum is so far limited. While RBA softened the hawkish stances after standing pat on rates, the left is still left open for more tightening. Governor Michele Bullock emphasized in the post-meeting press conference that the inflationary battle is far from won, while the board would keep this option
A mosaic collection of world currencies. FrankvandenBergh | E+ | Getty Images The world is looking at a debt crisis that will span the next 10 years and it’s not going to end well, economist Arthur Laffer has warned, with global borrowings hitting a record of $307.4 trillion last September. Both high-income countries as well
In this article F Follow your favorite stocksCREATE FREE ACCOUNT Ford CEO Jim Farley poses for a photo before announcing at a press conference that Ford Motor Company will be partnering with the world’s largest battery company, China-based Contemporary Amperex Technology, to create an electric vehicle battery plant in Marshall, Michigan, on Feb. 13, 2023,
Share: NZD/USD scales higher for the second straight day in reaction to the upbeat domestic jobs data. A modest downtick in the US bond yields undermines the USD and lends support to the major. The technical setup favours bears and warrants caution before positioning for additional gains. The NZD/USD pair gains some positive traction for
Both the S&P and NASDAQ habit dipped into negative territory. S&P index tested the all-time high closing level For the S&P, the high price reached 4957.77. That was it just short of the all-time high closing level at 4958.62. Staying below that level is a modest negative. Buyers had their shot. The ran into willing
The major European indices are closing higher on the day with the gains led by the UK FTSE 100. A snapshot of the closing levels shows: German DAX, +0.76% France CAC, +0.65% UK FTSE 100, +0.90% Spain’s Ibex, +0.62% Italy’s FTSE MIB, +0.58% Euro STOXX index +0.60% As London/Europe is look to exit, the US
Gold regained some ground on Tuesday on a slight pullback in the U.S. dollar and Treasury yields, while traders positioned for remarks from several Federal Reserve officials this week to gauge the likely pace of interest rate cuts this year. Spot gold rose 0.3% to $2,030.49 per ounce, as of 10:00 a.m. ET (1500 GMT),
Dollar is largely in a state of consolidation today, except with a minor uptick observed against Swiss Franc. In the absence of significant economic data from the US, market participants are poised to gauge the sentiment from forthcoming comments by Fed officials. However, the broader market dynamics, particularly the interplay with other financial markets, could
Adam Gault | OJO Images | Getty Images Credit card delinquencies surged more than 50% in 2023 as total consumer debt swelled to $17.5 trillion, the New York Federal Reserve reported Tuesday. Debt that has transitioned into “serious delinquency,” or 90 days or more past due, increased across multiple categories during the year, but none
In this article LLY Follow your favorite stocksCREATE FREE ACCOUNT Eli Lilly logo is shown on one of the company’s offices in San Diego, California, U.S., September 17, 2020. Mike Blake | Reuters Eli Lilly on Tuesday reported fourth-quarter revenue and adjusted earnings that topped expectations on the strong launch of its new weight loss drug,
Share: Canadian Dollar halts the slide but fails to recover ground. Canada’s PMI, Building Permits muddy the waters. BoC Governor Macklem due to speak in Montreal. The Canadian Dollar (CAD) managed to pump the brakes on a two-day backslide on Tuesday, but a recovery seems limited as Canadian economic figures look mixed. Loonie bidders await
AUDUSD daily The RBA decision is about five hours away and Australian dollar bulls could certainly use a lifeline. Unfortunately, I don’t see many paths today that. No change in the 4.35% cash target is coming today and I can’t imagine some kind of shift back to rate hikes. The market is pricing in fractional
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