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LATEST PUBLICATIONS



US futures fall as bank anxiety hits global markets

March 15, 2023

Stocks are back to falling on Wall Street Wednesday as worries worsen about the strength of banks on both sides of the Atlantic. The S&P 500 was 1.3% lower in midday trading, while markets in Europe fell more sharply as […]


Apple stock price target raised at Wedbush on positive iPhone demand checks

March 8, 2023

Wedbush analysts raised the price target on Apple (NASDAQ:AAPL) stock to $190 per share from $180 to reflect positive Asia checks on iPhone demand. They also reaffirmed the Outperform rating and Apple’s place on Webush’s Best Idea List. Asia checks […]


Canadian Dollar Outlook: USD/CAD Price Seeks Breakout Ahead of Canadian GDP

February 28, 2023

Via: DailyFX

The Canadian dollar has been at the mercy of USD dictatorship of recent as the markets continue its hawkish repricing of interest rate guidance for the Federal Reserve. Peak rates for 2023 have now pushed up above 5.4% while money […]


Industries, Retail & Wholesale

Sweden Inflation Climbs To 12.0% On Higher Food Prices

March 15, 2023

Via: Markets Insider

Sweden’s consumer price inflation increased unexpectedly in February, largely driven by higher food costs, data from Statistics Sweden showed on Wednesday. The consumer price index rose 12.0 percent year-over-year in February, faster than the 11.7 percent increase in January. Economists […]


News

European markets mixed, Asian shares fall amid bank worries

March 14, 2023

Via: ABC News

Stocks are leaping on Wall Street Tuesday, as some of the most breathtaking moves from a manic Monday reverse course. The S&P 500 was 1.8% higher in midday trading after a report showed inflation is still high but heading lower. […]


Finance Tech, Liquidity

AUD/USD Price Forecast: Australian Dollar Rallies on Fed Repricing

March 13, 2023

Via: DailyFX

The Australian dollar garnered support this Monday morning after continued concern over the Silicon Valley Bank (SIVB) collapse despite US policy makers (Federal Reserve, US Treasury and the Federal Deposit Insurance Corporation) issuing statements in attempts to quell worries in […]


Finance Tech, Liquidity

XAU/USD Price Outlook: SVB Collapse Drives Demand for Safe-Haven Gold

March 13, 2023

Via: DailyFX

The collapse of SVB (Silicon Valley Bank) has sent jitters through global markets, supporting safe-haven gold. After the financial institution came under scrutiny last week, fears over client’s access to deposits exacerbated concerns. While the collapse marks the largest bank […]


Finance Tech, Trading

Asian Shares Plunge Amid US Bank Jitters, Fed Anxiety

March 10, 2023

Via: Markets Insider

Asian stocks tumbled on Friday amid concerns about the health of the U.S. banking sector and anxiety ahead of the all-important U.S. jobs data due later in the day that could set the tone for the U.S. rates outlook. Silicon […]


Finance Tech, Liquidity

Euro Price Forecast: German CPI Boosts EUR/USD Ahead of NFP and the ECB’s Christine Lagarde

March 10, 2023

Via: DailyFX

The euro gathered some support this Friday morning with a marginally weaker USD and better than expected German CPI data (see economic calendar below). Although actual numbers printed in line with forecasts, the 8.7% figure highlights the elevated and stubborn […]