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BRENT As we can see in the H4 chart, after breaking the 200-day Moving Average, Brent is trading above it to indicate a possible ascending tendency. However, there is divergence on the Relative Strength Index, which is a signal in favour of decline. In this case, the pair is expected to break 6/8 (93.75) and […]

Tilray Brands Inc. TLRY, -18.72% closed lower by 18.7% on Friday after the cannabis company said its first-quarter loss widened to $65.8 million, or 13 cents a share, from a loss of $34.6 million, or 9 cents a share, in the year-ago quarter. Revenue at the cannabis company fell 9% to $153.2 million. Analysts expected […]

U.S. stocks were tumbling to new session lows Friday afternoon after a strong jobs report for September reinforced a view on Wall Street that the Federal Reserve will keep tightening financial conditions to tame high inflation. The Dow Jones Industrial Average DJIA, -2.23% was down about 688 points, or 2.3%, near 29,240, after setting a […]

U.S. stocks touched fresh session lows Friday afternoon after a jobs report for September showed no signs of labor gains easing back, a key focus of the Federal Reserve as it attempts to cool stubbornly high inflation. The Dow Jones Industrial Average DJIA, -2.21% was down about 585 points, or 2%, to trade near 29,341, […]

Gold futures settled lower on Friday, but notched a second straight weekly gain. A “stronger U.S. jobs report means talks about the [Federal Reserve] potentially pivoting [away from interest-rate hikes] have all but ended,” said Fawad Razaqzada, market analyst at City Index and FOREX.com. “The dollar is thus likely to remain supported on the dips, […]

• MMM under bearish pressure • Likely to fall to support level 105.00 MMM under the bearish pressure after the earlier breakout of the round support level 110.00 which stopped the earlier impulse wave i at the end of September), intersecting with the support trendline of the wide down channel from January. The breakout of […]