Technical Analysis
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XAG/USD corrects to near $62, increasing bearish bets on oil prices limit downside
Silver price falls back to near $62 after a four-day winning streak. Hopes of further decline in oil prices are…
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Michael Burry is shorting Micron – Is this the end of the semiconductor bubble?
Michael Burry, the investor known for his successful bet against the U.S. housing market ahead of the 2008 crisis, is…
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European stocks on the rise. ASML powers chip stocks while defense sector pulls back
European equity markets are posting strong gains, with both the STOXX Europe 600 and Euro Stoxx 50 climbing to fresh…
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Chart of The Day – USD/JPY – a change in trend?
The USDJPY rose to its highest level since December 1986 (162.8) on Wednesday. Since then, however, it has recorded a…
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Independence Day: chip stocks and the yen recover
There is a positive tone to markets to end the week. A mixture of relief post the payrolls data, a…
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JP225 gains 2%
Key takeaways JP225 rallied from around 67,700 to 69,700 points between 2 PM GMT and 8:45 AM GMT, extending its…
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Asia in the green – is optimism returning to the markets?
It is noteworthy that today marks a trading holiday in the US markets. Americans are observing an extended weekend in…
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Stock of the Week – Adobe, is AI taking its future away?
Just a few years ago, Adobe was considered one of the best software companies in the world. Its subscription model…
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AeroVironment jumps 13% on $500M U.S. Army counter-drone contract
AeroVironment shares (AVAV.US) are gaining around 15% after the company announced a $500 million contract with the U.S. Army to…
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Gold advances to $4,200 neighborhood as reduced Fed hike bets keep USD depressed
Gold attracts buyers for the third consecutive day as receding Fed hike bets undermine the USD. Geopolitical uncertainties could limit…
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