Eurostoxx +0.3% Germany DAX +0.4% France CAC 40 +0.3% UK FTSE +0.2% Spain IBEX +0.3% French stocks are the standout as highlighted here yesterday, as the optimism continues to build with the CAC 40 at fresh record highs. The mood here carries over from the positive gains in Wall Street yesterday, though US futures are
Month: April 2023
EOS EVM emulates the Ethereum Virtual Machine (EVM) and allows for the deployment of decentralized applications (DApps) written in Solidity, the programming language used by the vast majority of web3 developers. The EOS Network Foundation (ENF) has announced the beta launch of the EOS EVM Mainnet, which aims to improve interoperability between two blockchain ecosystems,
Gold rose to a more than one-year high on Thursday as more weak U.S. economic readings bolstered bets for a pause in interest rate hikes, with prospects of a mild recession also sending investors scurrying for the safe-haven metal. Spot gold was up 1.3% to $2,040.10 per ounce by 9:31 a.m. EDT (1331 GMT), its
Dollar’s decline continues in early trading, fueled by weaker-than-expected upstream inflation and job data, pushing the greenback to its lowest level against Euro this year. The Swiss Franc emerges as today’s biggest winner, bolstered by falling benchmark yields in Germany and the UK. Meanwhile, Euro benefits from hawkish remarks by ECB officials, while Australian dollar
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Share: EUR/USD bulls take out 2023 highs as US Dollar falls to fresh lows. Markets are suring up their bets of a peak Fed rate this summer. EUR/USD has breached the early February highs and has gone on to hit its highest level since April 2022, as investors dumped the US Dollar on yet further data
WTI crude oil tested 200 day MA and found willing sellers The price of WTI crude futures are selling at $82.16. That’s down $1.10 or -1.32% on the day. The high price reached $83.44. The low price extended to $82.24. The high price today installed about $0.23 short of the following 200 day moving average
US Attorney General Merrick Garland says that a 21-year-old man named Jack Texeira has been arrested in connection with leaking classified information online. He is an Air National guardsman suspected of leaking classified Pentagon documents who lived in Massachusetts. The Washington Post report today detailed how he leaked the documents to a group of around
LONDON — The U.K. economy flatlined in February as widespread industrial action and persistently high inflation stymied activity. Data on Thursday showed a steady GDP in February, missing consensus expectations of 0.1% growth. Both the services and production sectors contracted, partly offset by a record 2.4% expansion in construction. This followed an upwardly revised 0.4%
In this article DAL Follow your favorite stocksCREATE FREE ACCOUNT Airbus A330 Neo widebody aircraft meant for Delta airlines being tested in Toulouse, France. Nurphoto | Nurphoto | Getty Images Delta Air Lines posted a wider loss than it previously estimated for the first three months of the year but forecast revenue growth and profits
The price of Ethereum’s Ether (ETH) token came just a few dollars from hitting $2,000 a day after the launch of the network’s long-anticipated Shanghai upgrade. Ethereum ducks sell-the-news fears On April 13, Ether’s price gained roughly 4% to reach an intraday high of $1,996 on Coinbase, ignoring the potential selloff pressure the Shanghai upgrade could
Gold prices rallied on Thursday, building up on gains as the US dollar index slipped below the 102 mark. The major spoilsport for the greenback was the Federal Open Market Committee (FOMC) minutes of the March meeting released on Wednesday which indicated that the US central bank was worried about high inflation and the banking
Dollar remains somewhat soft in the Asian trading session, though it hasn’t seen any follow-through selling. Hawkish FOMC minutes have partially offset the impact of consumer inflation data on the currency. The broader financial markets also lack a clear direction, as US stock indexes closed lower after initial rally. Benchmark treasury yields mostly reversed their
Share: Economist at UOB Group Ho Woei Chen reviews the latest monetary policy meeting by the Bank of Korea (BoK). Key Takeaways “In line with consensus expectation, BOK maintained its rate pause in Apr as it kept its benchmark 7-day repo rate unchanged at 3.50% for the second consecutive month. The rate decision was unanimous
NASDAQ index cracks below its 100 hour moving average The NASDAQ index is trading at new session lows, with the price reaching 11935.04. The current price stands at 11936.80, down -96 points or -0.80%. Technically, the decline has pushed the index below its rising 100-hour moving average, currently at 11961.50. This marks the first time
The banking turmoil proved to be a minor setback as European equities are continuing to keep the faith in a stellar run higher so far in 2023. French stocks are at fresh record highs as it looks to break away from key resistance from the January 2022 high of around 7,384. It’s an impressive run
In this article RENT Follow your favorite stocksCREATE FREE ACCOUNT A worker moves clothing in the storage area at Rent the Runway’s “Dream Fulfillment Center” in Secaucus, New Jersey, U.S., September 11, 2019. Andrew Kelly | Reuters Rent the Runway’s losses narrowed in its fiscal fourth-quarter earnings reported Wednesday as the digital retailer continues to
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