Mullen Automotive stock is losing value on Friday. MULN stock has lost more than -16% YTD. To continue its production ramp up goals, Mullen will probably...
GBP/JPY is approaching 160.00 as investors are still confused about forward Bank of Japan’s policy stance. The Bank of England might discover a meaningful downward trend...
KeyBanc listed Nvidia as a top pick for 2023. Ssemiconductors are expected to lose 4% of non-memory revenue compared to 2022. Much of the semiconductor weakness...
Gold price regains positive traction on Thursday and snaps a three-day losing streak. Recession fears, rising bets for smaller Fed rate hikes, softer US Dollar loan...
Discover Financial Services beat Q4 earnings on the top and bottom lines. Both Alcoa and Kinder Morgan offered up mixed results. The Producer Price Index fell...
United Kingdom’s Unemployment Rate data gave rise to a rally in the British Pound with Bank of England in focus. GBP/USD is in the hands of...
GBP/JPY is struggling to sustain above 157.00 as UK wage growth might trigger inflation projections. The Japanese Yen is gaining strength despite rising uncertainty ahead of...
Banks started the earnings season off on solid footing. JPMorgan beat on top and bottom lines for Q4. Bank of America beat EPS consensus by about...
GameStop stock has shed value on Friday alongside the broad market. Tesla cutting its prices in the United States has hurt its share price. Bed Bath...
Gold price catches fresh bids on Thursday and climbs back closer to a multi-month peak. Bets for the less aggressive Federal Reserve continues to lend some...
Coinbase announced it will eliminate 950 jobs or about 25% of its workforce. COIN stock dropped 2% in the premarket but surged 7.5% on Tuesday’s open....
Gold price holds onto recent gains as the rally in Wall Street continues. A weaker US Dollar offers support to XAU/USD that continues to look at...
Alibaba founder Jack Ma cuts voting stake in Ant Group to 6%. BABA stock jumps more than 4% on the news. Jack Ma’s control of Ant...
GBP/USD is looking to extend the upside further as the Federal Reserve may choose a smaller interest rate hike ahead. Weaker United States Services PMI after...
US Dollar remains bid even though data showed Manufacturing PMI continues to decelerate. The Euro extends its losses spurred by Germany’s inflation edging down. The US...
Gold price reverses an intraday dip to the $1,811 area, though lacks follow-through. The USD fails to preserve its modest intraday gains and offers support to...
US Dollar Index grinds lower after bouncing off weekly bottom. DXY struggles as United States Treasury bond yields stay firmer but yield curve inversion recedes. US...
Gold price is making tracks to the upside despite the Bank of Japan’s surprise relaxation on the yield of its 10-year bonds (JGBs). The US Dollar...
The Pound Sterling is coiled and leaning against a critical level of support. The US Dollar seems surprisingly weak to some analysts. The Federal Reserve and...
Gold price bounces off short-term key support but struggles to gain upside momentum. Downbeat United States Purchasing Managers’ Index favored gold buyers. Hawkish Federal Reserve talk...