China’s latest economic data for January and February 2024 have exceeded analysts’ estimates. Notably, retail sales rose by 5.5%, surpassing […]
Daily Technical Analysis: EUR/USD Facing a crucial week
EUR/USD faces perhaps one of the most important key weeks of the economic calendar, as meetings are scheduled for both […]
Wall Street revaluates Nike’s price target pending results
Next Thursday, March 21, Nike B will release its results in reference to the third fiscal quarter of 2024. Wall Street analysts […]
Wholesale inflation rises in February and its impact on the U.S.
Wholesale prices increased at a faster-than-expected pace in February, another reminder that inflation continues to be a growing concern for […]
Dollar Rallies on PPI Expectations, EUR on ECB Expectations
The U.S. dollar (USD) gained value in European market trading on Thursday, maintaining recent strength in anticipation of the release […]
Bank of America revises upward positive S&P 500 estimates
The S&P 500 will deliver higher-than-expected earnings in 2024, fueled by steady growth and advances in artificial intelligence, according to analysts […]
U.S. Inflation remains high in february data
In February, the Consumer Price Index (CPI) grew grew 0.4% month-over-month and 3.2% annually. The Bureau of Labor Statistics of the […]
Daily Technical Analysis: GBP/USD Uptrend Gains Momentum
The British pound (GBP) aims to reach multi-month highs against the US dollar (USD). This week, alongside recent CPI data showing […]
London Stock Exchange to accept BTC and ETH ETNs
The UK’s Financial Conduct Authority said it will not oppose applications to create a market segment for ETNs backed by […]
Boeing stocks have fallen more than 25% so far in 2024
Boeing shares fell nearly 3.2% to be the worst performer among members of the Dow Jones Industrial Average. The disappointing […]