Latest Market News
Capri Holdings Ltd. CPRI, +7.82% shares jumped 5.7% in Wednesday premarket trading after fiscal third-quarter earnings sailed ahead of Street expectations. Net income totaled $322 million, or $2.11 per share, up from $179 million, or $1.18 per share, last year. Adjusted EPS of $2.22 blew past the FactSet consensus of $1.69. Revenue of $1.609 billion […]
USDCAD, “US Dollar vs Canadian Dollar” As we can see in the H4 chart, after forming several reversal patterns, including Hammer, close to the support level, USDCAD is reversing and may form a new rising impulse. In this case, the upside target may be the resistance area at 1.2780. However, an alternative scenario implies that […]
Content ControversyMusic streaming platform Spotify has been drawing plenty of heat recently following a row which erupted just a fortnight ago. Folk-rock icon Neil Young called on Spotify to make a choice between having his music on their platform or Joe Rogan’s podcasts. Young took aim at Spotify over the content of Rogan’s podcasts, specifically […]
AUD Trading HigherThe Australian Dollar has seen better demand today following comments overnight from RBA governor Lowe. Following the RBA’s February meeting which saw the bank announcing an end to QE but citing ongoing concerns over the sustainability of the pickup in inflation, Lowe’s comments last night were deemed more hawkish than the market was […]
The Philadelphia city government is enthusiastic about exploring a partnership with CityCoins to help boost its treasury with cryptocurrency. 487 Total views 7 Total shares Philadelphia is on the cusp of following in the footsteps of Miami, Austin and New York City by partnering with CityCoins to develop a crypto for the city of Brotherly […]
Gold futures on Wednesday tallied a third straight session climb, extending their rise past $1,800 to mark their highest settlement in a week. “While gold is likely to exploit the dollar’s weakness to push higher, its near-term outlook remains influenced by the U.S. jobs report on Friday,” said Lukman Otunuga, manager, market analysis at FXTM. […]