April 18, 2025
Euro down as ECB cuts rates
The U.S. dollar gained after its recent weakness across peer currencies appeared exhausted for the time being, while the euro weakened slightly after the European Central Bank cut rates for the seventh time in a year. The Euro-Dollar pair corrected downwards in the last session, falling 0.1%. According to the Stochastic-RSI, we are in an […]
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April 18, 2025
Netflix quarterly results beat Wall St targets
Netflix exceeded Wall Street expectations in its quarterly earnings report and offered a bullish revenue outlook, signaling confidence amid the economic uncertainty surrounding President Donald Trump’s erratic tariff plans.
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April 17, 2025
Gold zooms past $3,300 as investors seek shelter from tariff war
Gold prices extended their record run to breach $3,300 per ounce, as a weaker dollar and escalating U.S.-China trade tensions pushed investors towards the safe-haven asset. U.S. gold futures gained 3.3%. The Gold-Dollar pair skyrocketed 2.5% in the last session. The Stochastic indicator is giving a positive signal.Support: 3189.4 | Resistance: 3460.9
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April 17, 2025
Wall Street extends drop as Powell says growth appears to be slowing
The three major U.S. stock indexes extended declines after Federal Reserve Chair Jerome Powell said that while the U.S. economy is still in a solid position, growth appears to be slowing. Chipmakers leading declines as Nvidia warned of steep charges from new U.S. curbs on its chip exports to China.
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April 17, 2025
Tesla registrations slump 15% in EV-loving California
Californians further soured on Tesla in the first quarter, pulling down the electric-vehicle maker’s registrations by 15% as backlash against Elon Musk’s company intensified in the state that has embraced EVs most across the United States. Tesla’s stock plummeted 5.1% in the last session. The CCI is giving a positive signal.Support: 214.93 | Resistance: 269.08
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April 16, 2025
IEA cuts 2025 world oil demand growth forecast on trade tensions
The International Energy Agency on Tuesday sharply cut its forecast for the growth in global oil demand this year due to escalating trade tensions, a day after a similar move by producer group OPEC. Agency also said it expects 2026 growth to slow further. The last session saw the Oil fall 0.3% against the Dollar. […]
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