Markets
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US Gasoline Slips from Two-Month High
US gasoline futures fell below $3.45 per gallon, after reaching over a two-month high of $3.50 on July 23rd, as…
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Trade of The Day – US100
Facts: US100 has defended support around 28,430 points on three separate occasions. The RSI (14) on the hourly chart has…
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Alphabet shares are down 22% from their all-time high. Is Google ready to resume its bull run?
Key takeaways Alphabet (GOOGL.US) shares are down more than 20% from their all-time high of around $407 per share. The…
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SAP earninigs: The cloud shows strong demand, margins remain under pressure
SAP is one of the leaders in the SaaS sector, but despite growth in operations and profits, it has also…
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Gold climbs above $4,050 on retreating USD; upside seems limited amid Fed hike bets
Gold recovers from the daily low amid a modest USD pullback, though it lacks follow-through. Elevated crude oil prices fuel…
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Dow Jones futures bounce back as oil cools, though geopolitical risks persist
Dow Jones futures rise as falling oil prices eased immediate inflation concerns, despite ongoing geopolitical risks in the Middle East.…
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UK S&P Global Services PMI returns to growth in July, arrives at 51.8
According to preliminary data, the United Kingdom (UK) S&P Global Services Purchasing Managers’ Index (PMI) arrives above 50.0 in July,…
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Eurozone recovery? Positive PMI data tempered by high oil and gas prices
Eurozone: Surprise jump to 5-month high Composite PMI: 51.9 | Forecast: 50.2 (Previous: 50.0). Returning above the growth threshold for…
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Chart of The Day – OIL Pulls Back to Test $92.5 per Barrel
Key takeaways Donald Trump warned of further attacks on Iran, but oil prices are edging lower today, falling to $92.5…
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DE40 gains amid SAP earnings
Key takeaways DE40 (the German DAX index futures contract) is advancing and testing the 25,000-point area. SAP shares are up…
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