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Tag: market


News

UK house price growth holds steady – but warning of sharp fall ahead

September 1, 2022

Via: Sky News

House price growth fell to 10% last month, down from 11% in July, but actually increased when taking account of seasonal effects. Meanwhile, house prices have risen by almost £50,000 in two years. “There are signs that the housing market […]


Finance Tech, Trading

Stocks making the biggest moves premarket: Honest Company, Rivian, Illumina and others

August 12, 2022

Via: CNBC

Honest Company (HNST) – Honest Company’s stock rose 1.6% in the premarket in spite of a wider-than-expected quarterly loss. The natural consumer products maker now sees a wider full-year loss than previously thought, due to cost pressures, but expects improvement […]


Industries, Retail & Wholesale

US wholesale inflation fell in July for 1st time in 2 years

August 11, 2022

Via: ABC News

Prices at the wholesale level fell from June to July, the first month-to-month drop in more than two years and a sign that some of the U.S. economy’s inflationary pressures cooled last month. Thursday’s report from the Labor Department showed […]


Finance Tech, Trading

Stocks tick higher after another sign of cooling inflation

August 11, 2022

Via: ABC News

Wall Street is rising again Thursday after another encouraging dose of data showed inflation cooled last month. The S&P 500 was up 0.6% following a report showing inflation at the wholesale level slowed more than economists expected. It bolstered hopes […]


News

US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY

August 9, 2022

Via: DailyFX

The US Dollar continues to consolidate ahead of tomorrow’s CPI report. Last week saw a bounce in the US Dollar from a key spot of support, and that was pushed-along by a series of comments from Fed-speakers, all of which […]


Finance Tech, Liquidity

Gold Price Short-term Technical Outlook: Gold Rally at Trend Resistance

August 9, 2022

Via: DailyFX

Gold prices rallied more than 0.8% since the start of the week with XAU/USD trading at 1790 ahead of the US open on Tuesday. The advance takes price into technical downtrend resistance and we’re looking for a breakout of the […]


Finance Tech, Trading

World stock markets mixed ahead of US jobs data

August 5, 2022

Via: ABC News

Global stock markets and Wall Street futures were mixed Friday ahead of an update on the U.S. jobs market while the Federal Reserve weighs whether more rate hikes are needed to cool surging inflation. London, Paris and Frankfurt were lower […]


Finance Tech, News, Trading

Grim news from Walmart sends US markets tumbling

July 26, 2022

Via: ABC News

Stocks are being dragged lower early Tuesday after a warning from corporate giant Walmart that inflation was negatively impacting American consumers’ spending power. The S&P 500 index was down 0.9% as of 11:15 a.m. Eastern. The Dow Jones Industrial Average […]


Finance Tech, Trading

Google co-founder Sergey Brin told his financial advisers to sell his investments in Elon Musk’s companies after Musk had an affair with his wife

July 25, 2022

Via: Markets Insider

Google co-founder Sergey Brin reportedly told his financial advisers to sell off all of his investments in Elon Musk’s companies after learning that Musk reportedly had an affair with Brin’s wife, Nicole Shanahan. Brin and Shanahan divorced in January after he […]


Finance Tech, Trading

US markets open mixed as investors wait for Fed meeting

July 25, 2022

Via: ABC News

 Stocks were mixed in early trading Monday, as investors braced for a two-day meeting of the Federal Reserve this week where it’s expected the central bank will raise interest rates sharply to combat inflation. The S&P 500 index was up […]


Industries, Retail & Wholesale

Platinum Jubilee failed to prevent fall in retail sales

July 22, 2022

Via: Sky News

Non-food stores, such as clothing and household goods, which slumped by 4.7% and 3.7% respectively, were hit particularly hard, according to data from the Office of National Statistics. Some had hoped that the Queen’s Platinum Jubilee would give shops a […]


Finance Tech, Trading

Inflation? Not where investment fees are concerned

July 21, 2022

Via: ABC News

 Inflation? Not where investment fees are concerned This year’s crazy market swings prove once again how little control we have over our investments. Stocks are down about 20% from their peak early this year, and along the way they’ve zoomed […]


Industries, Others

Housing market chills as mortgage rates, prices scare buyers

July 21, 2022

Via: ABC News

Kyle Tomcak was looking for a home for his in-laws in the suburbs around Denver, something priced close to $450,000. Tomcak became dispirited as he lost out to investors fronting cash offers $100,000 over the asking price. Then mortgage rates […]


Finance Tech, Trading

Stocks start mixed a day after their biggest rally in weeks

July 20, 2022

Via: ABC News

Wall Street is tacking a bit more onto its big gains from a day earlier, as more profit reports roll in from U.S. companies on Wednesday. The S&P 500 was 0.8% higher in midday trading, a day after soaring 2.8% […]


Finance Tech, Liquidity

Gold Price Forecast: Funds Flip Net Short in Gold

July 20, 2022

Via: DailyFX

Despite the corrective move lower in the US dollar, gold has struggled to find support and instead traded within a very narrow range. The issue that gold is facing is the continued aggressive tightening stance that central banks have taken, […]


News

U.S. inflation rises 9.1% in June, more than expected, as prices keep climbing

July 13, 2022

Via: NBC News

The Consumer Price index, which measures changes in the cost of a basket of goods, jumped 1.3% in June compared to the 1% increase in May — a sign that inflation kept burning hot last month. Compared to one year […]


News

U.S. Trade Gap Narrowed in May as Imports of Goods Slowed

July 7, 2022

Via: The Wall Street Journal

The U.S. trade deficit narrowed for the second consecutive month in May as imports were held down by lower goods spending by American households and exports jumped on energy shipments. The trade gap in goods and services shrank 1.3% in […]


Finance Tech, Trading

Asia stocks mixed after Wall St down, China manufacturing up

June 30, 2022

Via: ABC News

Asian stock markets were mixed Thursday after the U.S. economy contracted and China reported stronger factory activity. Shanghai and Hong Kong gained, while Tokyo and Seoul declined. Oil prices advanced. Wall Street’s benchmark S&P 500 index edged down 0.1% on […]


Energy, Industries

OPEC+ may not be much help with high oil, gasoline prices

June 30, 2022

Via: ABC News

Oil prices are high, and drivers are paying more at the pump. But the OPEC oil cartel and allied producing nations may not be much help as they decide Thursday how much more crude to send to world markets. That’s […]


Finance Tech, Trading

World shares gain as investors shrug off downbeat data

June 24, 2022

Via: ABC News

Shares were higher in Europe and Asia on Friday despite data suggesting some economies are slowing. U.S. futures also advanced after a rally Thursday on Wall Street, where the market is headed for its first weekly gain after three weeks […]