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Multi chartUber shares tumble 5% on $1.16 billion quarterly loss
Bigger discounts from retailers boosted shopper demand for goods in October in the UK
Retail sales were boosted in October as stores offered bigger discounts to tempt disengaged shoppers into making purchases, according to the BRC (British Retail Consortium)-KPMG retail sales monitor report released today.
Dollar resume gains across the board
The dollar index rose on Monday, after five straight days of losses, with investors more guarded despite increased risk appetite that helped U.
German manufacturing stuck in recession while factory job losses at 10 year high
Germany’s manufacturing sector remained stuck in recession in October as new orders fell for the 13th month running and factories slashed jobs at the fastest pace in almost 10 years, a survey showed on Monday.
Bitcoin being dumped again, the demise increasingly near
The most senior of all crypto currencies continues to sink this week and trades below $7,500. Technical analysis - Are stocks finally reaching a top
News outlets are playing the recession drums but, are stocks replicating this sentiment?
. US weak Inflation sends dollar down and stock futures up
Collapsing energy costs kept US consumer steady last month according to government data released today.
Futures and the dollar higher after mixed Non farm payrolls - here is the data
Stocks weaker after US manufacturing confirms steep slowdown
[Technical analysis] EURUSD could accelerate loses in October
The dollar holds a lot of momentum while the Euro remains weak against most of the main world's currencies and now that the short term rally wanes we could see the downtrend getting legs. [Technical analysis] The slippery road for the British pound
The pound has enjoyed a short term recovery but it is, by no means, out of the woods. Not that many jobs created in the US in July but inline with expectation, NFP is out
164,000 new jobs created in line with expectations below the 214,000 the previous month, unemployment rate remains at 3. Guess what, a depreciating currency does not bring an increase in GDP as UK shows
The pound is hitting multi years lows against the world's main currencies yet the Bank of England just downgraded its forecast for UK growth.
Federal Reserve chairman signals cut in US interest rates
The dollar took a dive against a basket of currencies and the major share indexes opened higher after Fed Chairman Powell's prepared remarks ahead of his testimony whil 2-year yields dropping 7bps in the 5 minutes since the release.
British pound to fall below parity with US dollar
The pound remains one of the weakest currencies as the dollar index doesn't look back. Federal Reserve holds rates but signals cuts possible later this year
EURUSD falls as predicted by technical analysis
Can't ask for more. Bullard says Fed may cut rates if inflation keeps disappointing
James Bullard, President of the Federal Reserve Bank of St Louis said on Wednesday that further weakness in inflation could prompt the U.
Wedges are gonna wedge
The Standard and Poors 500 index has been developing a nice ascending wedge since reaching the 2800 level in mid February. Dollar reigns as the European powerhouse sends gloomy signal
German business sentiment deteriorated in April as the mood among manufacturers "worsened markedly," the Ifo Institute said Wednesday, dampening expectations of an impending pickup in Europe's largest economy.
Australian dollar showing weakness at key resistance
The Australian dollar has been appreciating since the beginning of the year but this may be coming to an end. Euro declining as manufacturing in a slippery slope in Germany
EUR/USD extended on Thursday its falls after US retail sales beat expectations with 1.
US retail sales post biggest gain in 18 months
The Commerce Department said on Thursday retail sales surged by an impressive 1.
Forex brokers Plus 500 and CMC markets losing millions
Retail brokers are having a hard time after EU regulation put an end to the worst tactic used to separate amateur investors from their hard earned money. Pound breaks lower as Brexit plan rejected by the UK parliament for3rd time. Hard Brexit looms.
Theresa May's agreement with the EU has been rejected by Westminster on Friday afternoon for third time. EURUSD and the resistance rejection we have been waiting for
When one is looking at a weekly chart things can move pretty slow, particularly if the instrument is in a consolidation stage. How is Bitcoin doing lately?
Bitcoin has been enduring a painful decline ever since derivatives of the crypto currency started to be traded in major stock exchanges at the end of 2017 but it is sporting at least a temporary breather. Because technical analysis don't work
The SP500 index has tested for fourth time the upper side of the trend channel. U.S. existing home sales falls sharply to three-year low
The National Association of Realtors said on Thursday existing home sales dropped 1.
Classic pump and huge dump of stocks after FED minutes
After a dovish stance at the last meeting, the Federal Open Market Committee (FOMC) released minutes from its two-day January meeting on Wednesday.