In this article PLTR Peter Thiel, co-founder and chairman of Palantir Technologies Inc., pauses during a news conference in Tokyo, Japan, on Monday, Nov. 18, 2019. Kiyoshi Ota | Bloomberg | Getty Images Palantir, the maker of software and analytics tools for the defense industry and large corporations, reported 49% revenue growth for its first quarter,
What you need to know on Wednesday, May 12: Tensions mounted as the focus is on US inflation data to be out on Wednesday. Higher commodities prices send the Chinese Producer Price Index sharply up in April, spurring concerns about rising inflationary pressures in the US. The US Federal Reserve has maintained an ultra-loose monetary
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 of your initial investment; do
Cable buyers hope to build on yesterday’s momentum The run above 1.4000 yesterday caught a solid bid and stuck around despite risk being sold heavily in US trading. Buyers are still looking towards 1.4200 at this point. That said, further gains may have to wait despite the positives on the technical front. As equities are
NEW DELHI: Gold futures were trading higher on Tuesday after trading near a three-month high in the previous session after last week’s miss on the U.S. jobs growth numbers weighed on the dollar and bolstered expectations that interest rates will remain low. The deteriorating health crisis in India also led to gains. US, nonfarm payrolls
While US stocks hit another record high overnight, the path reversed with the three major indexes closing lower, with particular heavy selling in NASDAQ. Bearish sentiment continues in Asia session today, with Nikkei and Hong Kong HSI in deep red. Reactions in currency markets are mild, however, with commodity currencies just in shallow retreat. Yen
View of the Prohibition Taproom in Philadelphia. Owner Michael Pasquarello, who owns two other establishments in the city, is optimistic about the future despite issues that plague the industry. Source: Google Earth Like many in his field, restaurateur Michael Pasquarello is grateful to have survived the damage the pandemic did to his business, and is
Virgin Galactic’s carrier aircraft releases its spacecraft Unity during a glide flight test. Virgin Galactic Virgin Galactic delivered first quarter results after the market closed on Monday, announcing that it has yet to set a target date for its next spaceflight test, which the company previously planned for this month. “Timing of next flight test
EUR/JPY is in new highs for the year and has the highs from April 2018 and September 2018 at 133.13/48 in its sights, Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank, briefs. Bullish above uptrend is at 130.30 “EUR/JPY continues to inch higher and is poised to reach 133.13/48, these are the highs
Most recently, DOGE pulled off a 10x gain as it rallied to $0.74 in the past week. The breakout was fueled mainly by Tesla CEO Elon Musk and his constant mentions of the token on social networks and interviews. Surprisingly, as Musk debuted on Saturday Night Live on May 8, Dogecoin price corrected by 42%
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How to use IG Trading platform smartphone app to trade forex spread bets. This IG Trading platform tutorial goes through the basics of trading forex on IG Trading, searching for currency pairs, charts, trading forex and going through the menus on IG Trading. MoneyZG is a channel about personal investing, trading shares, the stock market
3 simple steps to make profit by Tokyo Box Breakout Strategy. I am showing the break out strategy with LIVE trading on CHFJPY on 26 of June, 2019, and explaining why it works on what currency pair. Note: I traded manually on this video because it was live trading. But you can use buy /
Coming up at 0130 GMT, China inflation figures for April Quite the divergence in expectations. The PPI is ramping higher on the back of the surging prices of commodities copper, tin, iron ore, plastics prices to producers in China (and elsewhere of course) have risen to the highest in a decade supply constraints are a
Below the swing low from April 29th The EURUSD has dipped below the swing high from April 29 at 1.21494. The price moved above that level on Friday’s run to the upside and apart from hour or in the early European session today, had stayed above the level until the last hourly bar saw the
LONDON: Hedge funds boosted their position in petroleum for the fourth week running, as bullishness about oil consumption and prices rebounded after the setback in March. Hedge funds and other money managers purchased the equivalent of 40 million barrels in the six most important petroleum futures and options contracts in the week to May 4.
Sterling rises strongly today, and overpowers Australia and New Zealand Dollar. On the other hand, Yen’s selloff continues while Dollar is following closely behind. Despite strong investor confidence data, Euro is indeed under heavy selling pressure against the Pound and Aussie. Comments from ECB chief economist Philip Lane suggests that the central bank is still
WTI bulls are back in town taking on the 10 and 20 hourly EMAs. The US dollar is in the dumps, supporting commodity prices. The price of oil is flat on the day after trading between a low of $63.97 and a high of $65.72. The main news stays with the ransomware attack that had forced