Latest Market News
Shares of Elf Beauty Inc. ELF, -0.71% rose more than 1% in the extended session Wednesday after the beauty products retailer reported fiscal third-quarter profit and sales above expectations and tweaked guidance for the year higher. Elf said it earned $6.2 million, or 12 cents a share, in the quarter, compared with $4.3 million, or […]
Bitcoin’s repeat visit to the sub-$37,000 range is re-enforcing analysts’ view that BTC is either set for a lengthy consolidation or further downside. 2784 Total views 6 Total shares The crypto market is once again in the red on Feb. 2 as global financial markets continue to see increased volatility. Data from Cointelegraph Markets Pro […]
Shares of T-Mobile US Inc. TMUS, +0.03% rallied more than 7% late Wednesday after the telecommunications company reported fourth-quarter per-share profit well above expectations and sales that fell slightly short. T-Mobile said it earned $422 million, or 34 cents a share, in the quarter, compared with $750 million, or 60 cents a share, in the […]
NZDUSD, “New Zealand Dollar vs US Dollar” NZDUSD is trading at 0.6634; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s upside border at 0.6685 and then resume moving downwards to reach 0.6455. Another signal in favour of a further downtrend […]
USDJPY, “US Dollar vs. Japanese Yen” As we can see in the H4 chart, USDJPY is trading above the 200-day Moving Average, thus indicating a possible ascending tendency. In this case, the price is expected to break 6/8 and then continue growing to reach the resistance at 8/8. However, this scenario may no longer be […]
The rise in prices in the Eurozone once again surprised, primarily due to an increase in energy prices, but there are few qualitative positive changes. Core inflation, on the other hand, eased from 0.4% to 0.3%, indicating that a “second round” of inflationary effects, which could really make the ECB worry, has not emerged. The […]