In this article 9866-HK Follow your favorite stocksCREATE FREE ACCOUNT Employees stand next to a ET7 sedan at a NIO Inc. dealership in Shanghai, China, on Wednesday, June 8, 2022. Qilai Shen | Bloomberg | Getty Images Chinese electric vehicle maker Nio on Thursday reported a loss of $577.9 million for the third quarter, significantly
Month: November 2022
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New Delhi: Gold prices traded in a narrow range on Thursday as cautious investors stayed on the sidelines ahead of the key US inflation report to gauge the size of the Federal Reserve’s future interest rate hikes. The US consumer price index (CPI) report for October is due later in the day. Economists expect core
The selloff in cryptocurrencies spread to global stocks. Commodity currencies tumbled broadly following risk-off sentiment. Swiss Franc and Euro are currently the biggest winner from market sentiment, while Sterling softened notably against European peers. Dollar and Yen are mixed for now. Focuses will turn to US inflation today, which has the potential to trigger further
USDCAD struggles to capitalize on its modest intraday uptick amid modest USD weakness. Bearish crude oil prices undermine the Loonie and help limit the downside for the major. Traders now look forward to the crucial US CPI report before placing fresh directional bets. The USDCAD pair fades an early European session spike to a fresh
The US stocks are trading to new lows with the: Dow down -550 points -1.65% S&P -67.0 points or -1.74% NASDAQ -228 points or -2.15% While the stocks moved lower, the dollar is moving higher. There has been the pattern seen the last few days when the dollar moved lower for 3 consecutive days in
This brief from Soc Gen on the euro – outlining support and resistance ahead Interestingly, daily RSI has registered a multi month peak recently pointing towards short-term upside momentum. In case of a break beyond this channel, a revisit of the peak of September near 1.0190 is not ruled out. Graphical levels of 1.0360/1.0450 consisting
In this article RBLX Follow your favorite stocksCREATE FREE ACCOUNT The New York Stock Exchange welcomes executives and guests of Roblox (NYSE: RBLX), today, Wednesday, March 10, 2021, in celebration of its Direct Listing. NYSE Shares of Roblox closed down 21% Wednesday after the company reported a third-quarter loss but beat analyst estimates for bookings
In this week’s newsletter, read about how trademark applications for nonfungible tokens (NFTs) and the metaverse have grown in the United States. Check out how NFT marketplace OpenSea has launched a tool that can enforce NFT royalties on-chain and how the Chinese city of Wuhan backpedaled on its NFT plans while still pursuing the growth
, Gold price in the national capital fell Rs 141 to Rs 51,747 per 10 grams on Wednesday amid rupee appreciation, according to Securities. In the previous trade, the yellow metal had settled at Rs 51,888 per 10 grams. Silver, however, climbed Rs 132 to Rs 62,400 per kilogram. The rupee appreciated 50 paise to
Swiss Franc rises broadly today as yesterday’s risk-on sentiment quickly faded. Dollar is also recovering together with Canadian while Yen is also slightly higher. On the other hand, Sterling is under some pressure, in particular against European majors. Australian and New Zealand Dollar are not far behind. In other markets, Gold lacks follow through buying
The Aussie extends its reversal from 0.6550 to 06420 so far. A more cautious market mood has favored the safe-haven USD. AUDUSD: Support at 0.6210 is key to defend the recent up move – SocGen. The Aussie has gone through a significant pullback on Wednesday, with the pair extending its reversal from 0.6550 high on
EURUSD breaks 100 day MA but can’t get through October high The EURUSD moved above the 100 day MA target at 1.0042 and found more buying. The next target was the high from October 27 at 1.0093. The high price reached 1.00957 just above that level. Buying stalled and the price has since moved lower.
Prior -0.5% Market index 199.9 vs 200.1 prior Purchase index 162.6 vs 160.5 prior Refinance index 373.1 vs 386.7 prior 30-year mortgage rate 7.14% vs 7.06% prior Another week, another drop in mortgage activity as overall housing market conditions continue to take a hit as rates stay elevated amid a more hawkish Fed. As a
Kanye West at an event announcing a partnership with Adidas on June 28, 2016 in Hollywood, California. Getty Images Adidas on Wednesday cut its full-year guidance on the back of the German sportswear giant’s termination of its partnership with Kanye West’s Yeezy brand. The company ended its relationship with Ye, formerly known as Kanye West,
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