The U.S. Treasury Department is set to unveil its refunding plans for the upcoming quarter, and there are mixed expectations from investors. The size of most auctions is anticipated to remain steady after consecutive increases in the past quarters. This pause in auction size growth could provide some relief to the market, especially after last
Chinese electric car start-up Nio, known for its premium vehicles, is now set to enter the lower-priced segment of the market. The company’s CEO, William Li, revealed plans to release a new mass market SUV that will be priced cheaper than Tesla’s Model Y, which starts at 249,900 yuan ($35,197) in China. This strategic move
The GBP/USD pair is currently in the midst of a recovery wave from the 1.2300 level. It started an upward movement above the 1.2400 resistance, indicating a positive trend for the British Pound. However, there is a key bearish trend line forming with resistance near 1.2520 on the daily chart of GBP/USD at FXOpen. This
The Japanese Yen (JPY) has been experiencing bearish pressure lately, trading at its weakest level against the US Dollar in over three decades. This decline comes following the decision by the Bank of Japan (BoJ) to keep monetary policy settings unchanged. With the key interest rate target range steady at 0%-0.1%, the BoJ has stated
The United States experienced a slowdown in economic growth in the first quarter of the year, falling below the Federal Reserve’s estimates of the economy’s long-run potential for the first time in almost two years. This decrease in growth was accompanied by fast inflation, presenting a challenging situation for the central bank to navigate. The
Deutsche Bank recently reported a 10% increase in first-quarter profit, surpassing expectations and sending its shares soaring to a more than six-year high. The German lender’s net profit attributable to shareholders stood at 1.275 billion euros, exceeding the aggregate analyst forecast for the period. This marked the bank’s highest first-quarter profit since 2013 and its
The proposal for utilizing future interest on frozen Russian assets to aid Ukraine is gaining momentum among the Group of Seven nations. This strategy aims to provide a steady stream of funding for Ukraine by collateralizing the interest earned on the frozen Russian assets. However, there are still contentious issues within the G7 regarding certain
The Gold price has seen some upward movement amid a modest USD downtick recently, but the momentum lacks follow-through. A softer risk tone has also provided support to the precious metal, although the hawkish expectations around the Federal Reserve have capped any significant gains. Traders are closely watching the upcoming US macroeconomic data releases to
Nvidia-backed AI firm Synthesia has introduced a groundbreaking technology that involves AI-generated digital avatars capable of expressing human emotions through text inputs. This innovative technology is aimed at bridging the gap between the virtual world and real characters, revolutionizing the traditional video production process by eliminating the need for cameras, microphones, actors, and extensive editing.
The US 100 cash index is currently in the red, trading slightly below the 100-day simple moving average. Despite recent positive earnings, market sentiment remains bearish as investors await key US data releases. Momentum indicators are mostly bearish, with the Average Directional Movement Index (ADX) pointing towards a bearish trend and the Relative Strength Index
This week’s economic data releases have kept investors on edge, especially in light of the Federal Reserve’s monetary policy decisions. The S&P Global Flash manufacturing PMI for the U.S. dropped to a four-month low of 49.9 in April, signaling a contraction in the sector. As economists anticipate GDP and PCE price index readings, projections point
The U.S. prosecutors are pushing for a harsher sentence of 36 months for the former CEO of Binance, a cryptocurrency exchange, on charges related to enabling money laundering. The sentencing memorandum submitted to the court in the western district of Washington argues that the CEO should face a higher sentence to account for the gravity
- 1
- 2
- 3
- …
- 65
- Next Page »