July 16, 2024
Britain’s FTSE 100 ends lower amid US political uncertainty
Britain’s FTSE 100 closed lower, pressured by weaker commodity prices and U.S. political uncertainty, while shares of luxury retailer Burberry plunged to a 14-year low. The blue-chip FTSE 100 index fell 0.85%, while the mid-cap FTSE 250 dipped 0.1%.
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July 15, 2024
Shares of Tesla exploded 5.2%
Tesla’s stock exploded 5.2% in the last session. The Stochastic-RSI is giving a negative signal.Shares of Tesla exploded 5.2% in the last session.The Stochastic-RSI is currently in negative territory.Support: 219.3176 | Resistance: 281.6112
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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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