December 2, 2024
Tesla’s stock rose 2.6%
The last session saw Tesla shares gain 2.6%. The MACD is giving a negative signal.Tesla’s stock rose 2.6% in the last session.The MACD is currently in the negative zone.Support: 327.25 | Resistance: 359.65
Read More
November 29, 2024
World markets head for reality check after month of Trump
November was a month of clear winners and losers from Trump’s U.S. election victory. Trump trades, punishing tariff-sensitive assets from European exporters to Mexico’s peso and driving investment towards U.S. stocks and the dollar, proved successful. Wall Street has rallied, the dollar gained 2% against rival major currencies and bitcoin surged.
Read More
November 29, 2024
Euro eases, dollar perks up in muted holiday trade
The euro dipped against the dollar as traders reined in bets of more interest rate cuts by the European Central Bank, while broader currency moves were muted in U.S. holiday-thinned trading. The Euro-Dollar pair traded sideways in the last session. The ROC is giving a positive signal.Support: 1.0496 | Resistance: 1.0605
Read More
November 28, 2024
Dell’s weak forecasts spark share selloff, doubts over PC market recovery
Shares of Dell and HP fell after the personal computer makers issued forecasts that cast doubt on a market recovery driven by artificial intelligence-enabled PCs. Dell tumbled 11%, with the company set to shed about $11 billion from its $99.50 billion market value, after it forecast quarterly revenue below estimates.
Read More
November 28, 2024
Canadian dollar gains as tariff-threat shock fades
The Canadian dollar extended its recovery from a 4.5 year low against its U.S. counterpart as investors bet on Canada avoiding threatened U.S. trade tariffs through negotiation and looked ahead to domestic GDP data.
Read More
November 28, 2024
Inflation stuck above Fed’s target
U.S. consumer spending increased slightly more than expected in October, suggesting the economy retained much of its solid growth momentum early in the fourth quarter, but progress on lowering inflation appears to have stalled in recent months.
Read More
