News

Stocks ended sharply higher Tuesday as oil prices continued to pull back from 14-year highs. The Dow Jones Industrial Average DJIA, +1.82% jumped around 599 points, or 1.8%, to close near 33,544, according to prelminary figures, while the S&P 500 SPX, +2.14% advanced around 89 points, or 2.1%, finishing near 4,262. the Nasdaq Composite COMP, […]

AUDUSD, “Australian Dollar vs US Dollar” In the H4 chart, after breaking the 200-day Moving Average, AUDUSD is trading below it, thus indicating a possible descending tendency. In this case, the price is expected to test 5/8, break it, and then continue falling to reach the support at 4/8. However, this scenario may no longer […]

EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, the asset has formed a Hammer reversal pattern close to the support level. At the moment, EURUSD is reversing and may form a new correctional impulse. In this case, the upside correctional target may be at 1.1100. However, an alternative scenario implies […]

Economic news from China today beat expectations in a positive way. Especially surprising was the growth of retail sales as the market set quite low expectations on the figure. Restrictions on mobility inside the country during the Lunar New Year, which were supposed to contain growth in retail consumption and social distancing measures introduced to […]

H&M Shares HigherShares in Swedish retailer H&M are trading a little higher today following news that the company’s retail sales growth jumped 23% in Q1. H&M reported a roughly $5 billion (49.17 billion SEK) jump, year on year, in the quarter ending in February. The strong rise in growth comes despite H&M noted it had […]

The commissioner, whose exit will leave a second vacancy at the administration, said she will remain on the job until a successor can take office. 515 Total views 19 Total shares Securities and Exchange Commissioner Allison Herren Lee announced that she would be stepping down from her post at the end of her term in […]