News
Stocks closed lower Thursday, putting the technology-heavy Nasdaq Composite Index on pace for a 3.6% weekly decline, as Treasury yields climbed and expectations for a more aggressive pace of normalization of monetary policy from the Federal Reserve weighed on Wall Street. The Dow Jones Industrial Average DJIA, -0.47% ended lower for a second straight day, […]
Sonos Inc. SONO, -0.10% shares rallied in the extended session Thursday after the International Trade Commission ruled that certain audio players, controllers, and components that Alphabet Inc.’s GOOG, -0.07% GOOGL, -0.02% Google sold in the U.S. violated as many as five of its patents. Sonos shares surged 6% after hours, following a 0.1% decline to […]
The Royal Bank of Canada has released a report on the World Energy Outlook in 2022, which reports analysts’ forecasts for the world’s oil, gas, electricity and minerals. The report, which was issued in mid-December, included an optimistic view of energy stocks in 2022, which will be strongly reflected in crude oil prices. The Royal […]
Oil prices extended their gains to about 1% during trading today, Wednesday, with Brent crude rising near $ 81, ahead of the release of official data on US crude stocks. Crude’s gains come, supported by the decisions of the OPEC + alliance, which eased the fears and pressures of the Omicron axis in oil demand. […]
Daily Market Outlook, January 6, 2022 Overnight Headlines China Services Activity Increases Solidly During December – PMI Japan Service Sector Expands At Softer Pace In December – PMI Australia Service Sector Expansion Continues As Price Pressures Rise BoJ’s Stealth Taper: Bond Pile Shrinks For 1st Time Under Kuroda BoJ Seen Raising FY22 CPI Forecast To […]
Type: Bullish BounceKey Levels:Resistance: 131.493Pivot: 130.532Support: 130.078Preferred Case:Prices are on bullish momentum and consolidating in a bullish channel. We see the potential for a bounce from our Pivot at 130.532 in line with 61.8% Fibonacci retracement towards our 1st resistance at 131.493 in line with 78.6% Fibonacci extension. Prices are trading above our Ichimoku Clouds, […]