Markets
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Oil reverses declines despite Trump’s assurances, while Wall Street awaits Nvidia’s judgment report
It is clear that Wall Street investors are unsure of what to expect in the near future. Volatility in recent…
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Trade of The Day – WHEAT
Facts: The price is above the EMA 5, 20, 100, and 200 averages. EMA 100 is above EMA 200. RSI…
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Chinese Company Challenges Samsung and SK hynix, But It Still Has a Long Way to Go
The headlines are strong. Chinese company YMTC has risen to third place worldwide in NAND memory shipments, overtaking Japan’s Kioxia.…
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Chart of the Day – US100 ahead of Nvidia earnings – will semiconductors get hit or get fresh fuel?
The Nasdaq 100 futures contract ( US100 ) will be closely watched by global markets today ahead of earnings from…
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Economic calendar – Wall Street holds its breath: US PCE data and Nvidia earnings in focus
Today’s calendar is relatively busy, with the key releases concentrated in the afternoon, shortly before the Wall Street open. The…
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Oil tumbles to $85, markets await Nvidia earnings
U.S. stock indices recovered a small part of their recent losses yesterday as oil prices and bond yields declined, modestly…
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Gold remains depressed below $4,650 on firmer USD; looks to US PCE for Fed rate outlook
Gold is seen consolidating in a range as bulls keenly await the release of the US PCE data. Fading Fed…
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China Stocks Gain on Policy Support Hopes
The Shanghai Composite edged up 0.2% to 3,896 on Wednesday, while the Shenzhen Component rose 0.4% to 13,795, as investors…
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Japanese Shares Gain for Second Session
The Nikkei 225 Index rose 0.6% to above 66,000 on Wednesday, extending gains from the previous session as falling oil…
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Stocks recover, as market prices in hopes of a monster Nvidia earnings report
Key takeaways Oil price declines, defying threats from Iran over US sanctions Nvidia’s share price rises ahead of key earnings…
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