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Credit AgricoleAsia overnight Sentiment in Asia continues to be mixed as investors fret over higher rates and China’s zero-Covid strategy. Providing some relief for investors today, however, were lower UST yields on the back of FOMC member Raphael Bostic’s comments arguing for a pause in Fed rate hikes in September. Bostic is a dove and […]
Type: Bullish BounceKey Levels: Resistance: 51260Pivot: 50862Support: 50579Preferred Case:With prices moving above our ichimoku cloud , we have a bullish bias that price will rise to our 1st resistance at 51260 in line with the 127.2% Fibonacci extension and overlap resistance from our pivot of 50862 in line with the 23.6% Fibonacci retracement and horizontal […]
Southwest Airlines Co. shares LUV, +1.73% jumped 2.9% in premarket trade Thursday, after the carrier updated guidance for the second quarter and raised its outlook for operating revenue. The airline is now expecting revenue to rise 12% to 15% vs. 2019, before the start of the pandemic, up from prior guidance of up 8% to […]
The FCA has today set out an ambitious vision for potential reform to the way companies list in the UK that aims to attract more high quality, growth companies and give investors greater opportunities. In a paper published today, the FCA is continuing its discussion on how it can make the listing regime, the rules […]
Graphics card giant Nvidia reported “nominal” sales of its crypto mining chips and expected overall revenues to be down in Q2, which drove down its share price. 1439 Total views 33 Total shares American graphics card manufacturer Nvidia’s stock price tumbled in after-hours trading on Thursday because the revenue outlook for Q2 has fallen short […]
Gold futures closed lower on Wednesday, snapping 4-sessions of gains, as the dollar climbed and investors awaited the release of the Federal Reserve’s early May policy meeting for hints about its future policy course. Gold for June delivery GCM22, -0.03% [s:gc00] shed $19.10, or 1%, to settle at $1,846.30 an ounce on Comex. That marked […]