Zoom CEO Eric Yuan makes a toast after the Nasdaq opening bell ceremony in New York on April 18, 2019. Kena Betancur | Getty Images Zoom reported better-than-expected quarterly earnings on Monday, while warning investors of a revenue slowdown at the video-chat company as the pandemic comes to an end. Here’s how the company did:
Palladium consolidates the biggest daily losses since September at monthly low. Clear break of seven-week-old trend line, bearish MACD signals favor sellers. Ascending resistance line from September, 100-DMA challenge bulls. Palladium (XPD/USD) traders lick their wounds around November’s low while picking up bids to $1,971 ahead of Tuesday’s European session. Although multiple lows marked during
American multinational investment bank Citi announced it had appointed Puneet Singhvi to lead the digital assets division of its Institutional Clients Group (ICG) starting on Dec. 1. In addition to appointing Singhvi on Nov. 22, Citi is hiring 100 additional personnel to for its digital assets division. The move indicates a concerted effort to beef
#DailyPipTalk #LondonBreakoutTrading #ForexTradingTips #BestForexStrategy SIMPLE FOREX TRADING STRATEGY That Will Change The Way You Trade Keep your trading simple. The smart money, banks, institutions whatever you want to call them work opposite to how retail traders think. They sell high and buy low. They work from the numbers and they move the markets at the
NASDAQ index falls -1.26%. Dow snapped a three day losing streak but closes near it’s lows The major US indices are closing near lows for the day as higher rates hurt investor sentiment. The NASDAQ index – which closed at a record level on Friday and also made new all-time intraday highs today – turned
Goldman Sachs are eyeing the flash PMIs for November for upside surprises as posted yesterday. We’ll have to wait to get the preliminary PMIs from Europe etc. but they kick off from Australia on Tuesday, 23 November 2021. 2145 GMT New Zealand Retail sales for Q3 expected -10.5% q/q (lockdown impact), prior 3.3% prior 33.3%
New Delhi: Gold price in the national capital on Monday gained marginally by Rs 17 to Rs 47,869 per 10 gram amid rupee depreciation, according to HDFC Securities. In the previous trade, the precious metal had settled at Rs 47,852 per 10 gram. Silver surged Rs 444 to Rs 64,690 per kilogram from Rs 64,246
Real estate broker Rebecca Van Camp places a “Sold” placard on her sign in front of a home in Meridian, Idaho, on Wednesday, Oct. 21, 2020. Darin Oswald | Tribune News Service | Getty Images Sales of previously owned homes in October rose 0.8% to a seasonally adjusted annualized rate of 6.34 million units, according
The S&P 500 printed fresh record highs in the 4740s as investors cheered Fed Chair Powell’s reappointment. The Nasdaq 100 was initially higher, but downside in growth names amid higher bond yields has pulled the index lower. US stock markets rallied to fresh record highs as investors cheered the appointment of Fed Chair Jerome Powell
The forex markets are generally staying in tight range in Asian session, digesting last week’s moves. Euro remains generally soft and looks vulnerable to extend the near term decline, in particular against commodity currencies and Yen. Sterling is so far resilient, awaiting more BoE officials to speak up their mind regarding the chance of an
EUR/USD down 0.2% to 1.1265 on the day It is tough to pick at support levels for the pair over the past two weeks but the 61.8 retracement level of the swing higher from March last year to January this year @ 1.1290 and the 1.1300 did offer some light reprieve last week before it
Latest data released by the SNB – 22 November 2021 Domestic sight deposits CHF 646.7 bn vs CHF 644.1 bn prior Prior week’s release can be found here. Surprisingly not a meaningful increase in overall sight deposits even as EUR/CHF broke to fresh lows since 2015 on Friday last week. Perhaps the SNB is biding
NEW DELHI: Gold and silver futures prices were trading flat with negative bias on Monday as commentary from central banks suggests there could be a rate hike earlier than expected, which will be detrimental to bullion counters. Bundesbank president Jens Weidmann publicly contradicted the European Central Bank’s official line on Friday, warning that inflation may
Long-term market bull Jeremy Siegel expects a serious pullback that it isn’t tied to the Covid-19 surge risks. His tipping point: a drastic change in Federal Reserve policy in order to deal with hot inflation. “If the Fed suddenly gets tougher, I’m not sure that the market is going to be ready for a U-turn
Liu Shijin, an advisor to the People’s Bank of China (PBOC) warned on Monday, the Chinese economy could enter a period of ‘quasi-stagflation’. Key quotes “China’s economy could enter a period of “quasi-stagflation” with relatively slow growth and excessively high producer-price inflation.” “Such a scenario is “very likely” if demand remains weak, producer prices stay
Bitcoin (BTC) is witnessing a tough tussle near the $58,000 mark but that has not stopped select altcoins from hitting a new all-time high. This shows that traders are watching the fundamental developments on individual coins. One of the recent top performing major altcoins has been Avalanche (AVAX), which has soared more than 120% in
The report from the US Energy Information Administration (EIA) shows that total crude oil and petroleum products (ex. SPR) stocks sank -8.87 mmb to 1223.87 mmb in the week ended November 12. Crude oil inventory dropped -2.1 mmb to 433 mmb, compared with consensus of a +1.4 mmb increase. Inventory increased in 3 out of
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