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Stocks Drift Lower Despite Looming Weekly Wins

Fri, 01/12/2024 - 11:23
It's a choppy end to the trading week on Wall Street, as investors weigh bank earnings and the latest inflation data.

Apple Stock Forecast: Good Company In A Bad Shape

Fri, 01/12/2024 - 11:15
Apple faces numerous headwinds in 2024.

U.S. Weekly FundFlows: Equity ETFs Suffer First Weekly Redemption In 15 Weeks

Fri, 01/12/2024 - 11:01
Investors were net sellers of fund assets (including those of conventional funds and ETFs) for the first week in three, redeeming a net $2.1 billion.

Poland’s Current Account Up To 1.4% Of GDP In November

Fri, 01/12/2024 - 10:51
Poland's sound external position is supportive of a strong zloty.

Citigroup To Layoff 20,000 Employees To Boost Profits

Fri, 01/12/2024 - 10:39
Happy New Year Citi Employees. CEO Jane Fraser wants to boost profits.

Tesla Shares Dip After Production Halted As Red Sea Conflict Escalates

Fri, 01/12/2024 - 10:27
Tesla fell nearly 3% after saying it must halt production at its factory in Germany due to the ongoing conflict in the Red Sea.

Producer Prices Flat, Commodities Decline, Confirming Shelter As Sole Inflationary Pressure

Fri, 01/12/2024 - 10:14
Once again producer prices confirmed that the only significant problem in inflation is shelter.

USD/CAD Forecast: Grinds Higher Against Northern Neighbor

Fri, 01/12/2024 - 10:01
Pay close attention to the interest rates in the United States and Canada, because both of those are going to be very crucial. 

Analytical Overview Of The Main Currency Pairs - Friday, Jan. 12

Fri, 01/12/2024 - 10:00
From the point of view of technical analysis, the trend on the GBP/USD currency pair on the hourly time frame is bearish but close to the shift.

The Energy Report : Matter Of Time

Fri, 01/12/2024 - 09:56
I guess it was just a matter of time until the US and the UK were forced to respond to the Iranian backed Houthi rebels acts of war.

Bear of the Day: Marvell

Fri, 01/12/2024 - 09:52
Marvell Technology reported better-than-expected results for the third quarter of fiscal 2024, as the top and bottom lines outpaced the Zacks Consensus Estimates.

Chart Of The Day: Autolus Therapeutics - Effective Cancer Treatments

Fri, 01/12/2024 - 09:50
Autolus Therapeutics plc, a clinical-stage biopharmaceutical company, develops T cell therapies for the treatment of cancer.

USD/JPY Price Accumulating Buying at 145.0, Eyes On US PPI

Fri, 01/12/2024 - 09:48
The bias remains bullish as long as it stays above the 50% Fibonacci line. The PPI and Core PPI should move the rate today. After the last rally, a retreat was natural.

Bitcoin May Slow Down Within A Higher Degree Correction Soon

Fri, 01/12/2024 - 09:40
Bitcoin may slow down within a higher degree correction from a technical point of view and by Elliott wave theory.

US Stock Futures Show Partial Recovery Amid Mixed Earnings Reports And Easing Inflation Indicators

Fri, 01/12/2024 - 09:30
On Friday’s trading session, US stock futures exhibited a tentative recovery, with the S&P 500 and Nasdaq 100 briefly turning positive.

National Bank Of Romania Review: Not In A Dovish Mood Yet

Fri, 01/12/2024 - 09:22
As expected, the National Bank of Romania kept its policy unchanged at 7.00% for the time being, welcoming the lower-than-expected inflation at the end of 2023 but not coming out with dovish hints just yet.

BlackRock Surpasses Expectations With $9.22 EPS In Latest Quarter

Fri, 01/12/2024 - 09:09
BlackRock, Inc. has exceeded market expectations in its current quarter with robust earnings and revenue.

Citigroup Posts $1.8 Billion Fourth-quarter Loss After Litany Of Charges

Fri, 01/12/2024 - 09:00
Citigroup reported fiscal second-quarter earnings of $1.58 billion.

It’s Earnings Season

Fri, 01/12/2024 - 08:50
Earnings season kicked off this morning as the major banks along with Delta and UnitedHealth have all reported earnings this morning.

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