Markets

Strong retail sales data could send USD even higher GBP remains in downtrend EUR could weaken further against JPY On Tuesday, the US dollar once again took center stage as it continued its bull run and kept increasing the pressure on other global currencies. Yesterday it seemed to be more...

USD index now stands at 95.451 Emerging market currencies main losers China suggests tariffs on $60bn of US imports The USD strengthened further on Monday, following a trend that has now lasted for two weeks. Investors are clearly betting that the ongoing trade conflict and a robust US economy...

Options traders betting on another 9% drop in share price Total revenue could drop to $5.32bn Technical indicators pointing to more bad times ahead Since reaching a high in January, McDonald’s Corp.’s stock price has dropped by well over 10%. Options traders are putting their money on the share...

US stock markets return to positive territory Nasdaq reaches a record high EC cuts economic growth forecast for 2018 US stock markets returned to positive ground on Thursday after a losing streak earlier in the week. The Nasdaq hit a record high after gaining 1.2%. The S&P 500 ended 0.8%...

Buckingham Research Group believes that there’s more room for growth Currently trading at 57 times expected earnings for 2020 CFRA disagrees with buy rating Square Inc’s stock price has increased by another 5.5% since it issued its earnings report for Q2 2018 last week. The year-to-date increase now stands...

Share price surges 21% in one day Market cap increases by $1.2bn CFO Louden believes Roku has excellent long-term potential Experienced traders have long known that a strong earnings report can send a firm’s stock price through the roof overnight. In the case of Roku, it appears the market is...

Core German data could bring more direction to the market The nearest support level is at 1.1527 1635 is the closest resistance level The EUR remains in a rather vulnerable position right now. Yesterday, the EUR/USD traded in the region of 1.1550 in the run-up to the release of...

Stock markets around the world suffer losses Trump’s new tariffs on Chinese imports blamed Possible US withdrawal from NATO also contributed International stock markets suffered yesterday as the trade war between the United States and China became worse and reports surfaced that the US might withdraw from NATO. On Tuesday,...

USD/TRY reaches new highs Best performer was CHF USD also strengthens against EUR, NZD and AUD The focus in forex markets on 14 August was mainly currency pairs such as USD/TRY, where the lira continued to be punished. In fact, the USD/TRY rate has broken above 7,000 for the...

New Goldman Sachs CEO wants more women on management committee Comcast drops out of race to acquire 21st Century Fox Two new indices announced for ether and bitcoin More changes are coming at investment firm Goldman Sachs as it prepares for a leadership change. The company’s current president, David Solomon,...