August 15, 2024

US annual consumer price increase slows to below 3% as inflation ebbs


U.S. consumer prices rose moderately in July and the annual increase in inflation slowed to below 3% for the first time in nearly 3-1/2 years, opening the door wider for the Federal Reserve to cut interest rates next month. The dollar lost ground against its major peers, helping the euro to an eight-month peak, as […]
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August 15, 2024

Crypto.com becomes official UEFA Champions League partner


Crypto.com has become the first cryptocurrency platform to secure an exclusive partnership with the UEFA Champions League. The multiyear partnership, which will see the centralized crypto exchange become an official global sponsor of the UEFA Champions League, was announced on August 14th.
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August 15, 2024

Wall Street indexes mixed as Alphabet slips


Wall Street’s main indexes offered a mixed bag on Wednesday, as Alphabet and some megacap tech stocks traded lower but the latest inflation data reassured investors betting the Federal Reserve would start cutting U.S. interest rates next month. The last session saw Google shares fall 1.2%. The Stochastic-RSI is giving a positive signal.Google shares fell […]
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August 14, 2024

Wall Street umps as softer producer prices data boosts rate optimism


U.S. stocks hit a near two-week high after a softer producer prices data reinforced bets of an interest rate cut by the Federal Reserve in September. Megacap and growth stocks gained, with Nvidia set to lead the charge for a second session, rising over 5%.
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August 14, 2024

Boeing delivers 43 jets in July, flat year-on-year


Boeing said it delivered 43 commercial jets in July, unchanged from the same month a year earlier when it faced supply chain hurdles, as the U.S. planemaker works to grow aicraft production under new CEO Kelly Ortberg.
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August 14, 2024

EUR/USD gained 0.4% in the last session.


The Euro rose 0.4% against the Dollar in the last trading session. The RSI is giving a positive signal.EUR/USD gained 0.4% in the last session.The RSI is currently in positive territory.Support: 1.0901 | Resistance: 1.0958
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