Latest Market News
AUDUSD, “Australian Dollar vs US Dollar” AUDUSD has rebounded from the resistance level. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s downside border at 0.6830 and then resume moving downwards to reach 0.6585. Another signal in favour of a […]
XAUUSD, “Gold vs US Dollar” As we can see in the H4 chart, XAUUSD has formed several reversal patterns, such as Hammer, not far from the support area. At the moment, the asset may reverse in the form of a new rising impulse. In this case, the upside correctional target may be the resistance level […]
The embattled platform continues to wind down its debts to DeFi lending protocols, having just paid off 20 million USDC to Aave. 1744 Total views 82 Total shares Crypto lending platform Celsius has reportedly hired lawyers from Kirkland & Ellis LLP to advise on its restructuring options — the same firm that assisted Voyager Digital […]
Lululemon Athletica LULU, +0.92% shares dropped 4% to $281.80 in premarket trade after Jefferies downgraded the athletics apparel maker to underperform from hold and cut its price target to $200 from $375. Analysts led by Randal Konik said the sector saw a spike in demand from COVID, which could slow growth against difficult comparisons. It’s […]
ING Inflation well above target, consumer sentiment at all-time low The market is favouring a 75bp rate hike from the Federal Reserve on 27 July and we agree given the tight jobs market and inflation running at more than four times the 2% targeted rate. In fact, inflation is likely to move even further above […]
Daily Market Outlook, July 11, 2022 Overnight Headlines Asia Shares Open Under Pressure On U.S. Inflation, Earnings Season Treasuries Sit Out Haven Trades As Large CPI Event Risk Looms Rampant Dollar Hits New 24 Year Peak Through 137 On The Yen Japan Ruling Bloc Easily Wins Vote Held Days After Abe’s Murder Japan Orders Fall […]