Markets
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Aluminum Rebounds from 3-Week Low
Aluminum futures in the UK rebounded to $3,520 per tonne from the three-week low of $3,480 on April 29th amid…
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U.S. Futures Hold Rally
Futures tracking US equities were muted higher on Friday, holding their recent rally with support from fresh corporate earnings as…
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Three Markets to Watch Next Week: USDJPY, US500, OIL
ey takeaways BoJ Intervention Confirmed: Bank of Japan data points to a massive 5.4 trillion yen intervention triggered after USDJPY…
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FX markets steal the limelight, as US stocks start May on a high note
The main focus on Friday is the FX markets, as the fallout from the energy price spikes cause havoc in…
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Chart of The Day – Intervention on the Yen? Tokyo Challenges Speculators
Intervention at 160: Breaking the psychological USDJPY barrier forced Tokyo to act, pushing the rate down to 155 amid low…
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Technical Analysis – Gold gains 1.5% amid weakening US dollar
Aweaker US dollar and lower Treasury yields are supporting a rebound in gold prices, which are attempting to break their…
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Apple earnings beat Wall Street estimates iPhone sales below expectations
Apple (AAPL.US) reported its latest quarterly results, but the market reaction has been muted — shares barely moved in after-hours…
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S&P 500 companies with the record net margin since 2009 – FactSet data
S&P 500 profit margins remain remarkably resilient despite concerns over higher oil prices. According to FactSet data, the blended net…
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Copper Holds Firm on Resilient China Demand
Copper futures remained above $5.95 per pound on Friday after rebounding in the previous session, supported by signs of improving…
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WTI rises to near $102.50 amid rising supply concerns from Middle East
WTI heads for a second weekly gain as US-Iran tensions persist and Hormuz reopening prospects fade. Trump said the Iran…
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