July 15, 2024
Dollar fell sharply against Yen
On Friday the dollar fell sharply against the yen for the second straight day, raising questions as to whether Japan was intervening, while a global equities index rose as investors turned their focus to U.S. Federal Reserve interest-rate cuts.
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July 11, 2024
BMW leads German premium car brands in first-half sales
BMW reported the strongest sales among Germany’s top three premium carmakers and was the only brand to significantly boost battery-electric deliveries, as Mercedes-Benz and Porsche struggled with low demand, especially in EV segment.
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July 11, 2024
Digesting Powell’s comments, European shares advanced
European shares advanced amid broad-based gains and upbeat corporate updates while investors digested more comments from U.S. Federal Reserve Chair Jerome Powell’s second day of testimony.
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July 11, 2024
Sterling steady at one-month highs
The pound held near one-month highs, supported by the belief among investors that U.S. interest rates are set to fall sooner than many had predicted, which dented the dollar. The Pound gained 0.4% against the Dollar in the last session. The Stochastic indicator is giving a positive signal.GBP/USD rose 0.4% in the last session.The Stochastic […]
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July 11, 2024
Mt. Gox repayment shakes crypto market
In a long-awaited move, Mt. Gox, the infamous Bitcoin exchange that collapsed in 2014, has finally started repaying its creditors. This resolution to one of crypto’s most notorious scandals is not just closing a chapter to one of Bitcoin’s darkest hours but is also actively shaping the asset’s market dynamics in real time.
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July 10, 2024
Tesla’s stock exploded 4.5%
Shares of Tesla skyrocketed 4.5% in the last session. According to the Williams indicator, we are in an overbought market.Tesla’s stock exploded 4.5% in the last session.The Williams indicator points to an overbought market.Support: 237.5605 | Resistance: 267.0189
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