Author: FX

© Reuters. Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.24% Investing.com – Saudi Arabia stocks were lower after the close on Sunday, as losses in the , and sectors led shares lower. At the close in Saudi Arabia, the fell 0.24%. The best performers of the session on the were Saudi Arabian Amiantit Co. (TADAWUL:), which rose 9.96% or 2.65 points to trade at 29.25 at the close. Meanwhile, Arabian Pipes Company (TADAWUL:) added 9.94% or 15.80 points to end at 174.80 and Saudi Steel Pipe Company (TADAWUL:) was up 9.91% or 3.85 points to…

UPCOMING EVENTS:Tuesday: Japan CPI, US Durable Goods Orders, US Consumer Confidence.Wednesday: Australia Monthly CPI, RBNZ Policy Decision, US Q4 GDP 2nd Estimate.Thursday: Japan Industrial Production and Retail Sales, Australia Retail Sales, Switzerland Q4 GDP, Canada GDP, US PCE, US Jobless Claims. Friday: Japan Unemployment Rate, Chinese PMIs, Switzerland Retail Sales, Eurozone CPI and Unemployment Rate, US ISM Manufacturing PMI. TuesdayThe Japanese Core CPI Y/Y is expected at 1.8% vs. 2.3% prior while there’s no consensus on the other measures although the prior Headline CPI Y/Y printed at 2.6% and the Core-Core CPI Y/Y came at 3.7%. The Tokyo CPI, which…

2/2 © Reuters. FILE PHOTO: Former U.S. President and Republican presidential candidate Donald Trump participates in a Fox News town hall with Laura Ingraham in Greenville, South Carolina, U.S. February 20, 2024. REUTERS/Sam Wolfe/File Photo 2/2 By Alexandra Ulmer, Gram Slattery and Nathan Layne COLUMBIA, South Carolina (Reuters) -Donald Trump easily defeated Nikki Haley in South Carolina’s Republican contest on Saturday, extending his winning streak as he marches toward a third consecutive presidential nomination and a rematch with Democratic President Joe Biden. The former president had been widely favored to win the Southern state, despite his litany of criminal charges…

US DOLLAR FORECAST – EUR/USD, GBP/USD, USD/JPYThis week’s focal point on the U.S. economic calendar revolves around the eagerly awaited release of January’s PCE data on FridayA stronger-than-expected report could propel the U.S. dollar upwards, whereas subdued results may have a bearish impact on the American currencyThis article carefully examines the short-term technical outlook for three key FX pairs: EUR/USD, USD/JPY and GBP/USDMost Read: Japanese Yen Outlook – Turnaround Ahead; Setups on USD/JPY, GBP/JPY, EUR/JPYWall Street will be on edge this week ahead of a high-impact event on the U.S. calendar on Friday: the release of core PCE data, the…

3/3 © Reuters. FILE PHOTO: Christopher Nolan, nominated for Best Director for “Oppenheimer” which is also nominated for Best Adapted Screenplay and Best Picture, and his wife Emma Thomas, producer of “Oppenheimer”, attend the Nominees Luncheon for the 96th Oscars in Bev 2/3 By Lisa Richwine LOS ANGELES (Reuters) -“The Bear” stars Jeremy Allen White and Ayo Edebiri snagged television honors on Saturday at the Screen Actors Guild Awards, one of Hollywood’s biggest ceremonies leading up to the Oscars. The awards were voted on by members of the SAG-AFTRA actors union, and winners and attendees reflected on their early days…

GetYourPic/iStock via Getty Images U.S. spending on renewable energy projects hit record levels last year, but the pace was still insufficient to meet the Biden administration’s goal of achieving a 40% reduction in greenhouse gas emissions by 2030, according to a new analysis published this week. A joint report by researchers from Princeton University, Massachusetts Institute of Technology, Rhodium Group and the non-profit Energy Innovation said large clean energy installations for utilities are being slowed by permitting and grid interconnection delays as well as problems sourcing equipment, but sales of electric vehicles are meeting researchers’ forecasts. Zero-emission vehicles accounted for…

Justin Sullivan/Getty Images News Broadcom (NASDAQ:AVGO) is nearing a sale of a software business to private equity firm KKR & Co. (NYSE:KKR) for about $4 billion, according to reports from Reuters and Bloomberg. The deal could be announced as soon as Monday, according to a Bloomberg report on Saturday, which cited people familiar with the matter. The news comes after Bloomberg reported in December that EQT AB and KKR (KKR) were among PE firms interested in purchasing a software business being sold by Broadcom (AVGO) after its purchase of VMware. PE firm Thoma Bravo was also said to be studying…

Oh ok. Old news from February 9th. Production of the upgraded ’24 Lightning started several weeks ago, they typically hold back all new models for final inspections lasting a few to several weeks, including late software updates, and they finally ship them out to dealerships in bulk once they clear inspections and complete all the updates.It is apparently a relatively new policy at Ford’s not to ship vehicles to dealerships any more until they all pass inspections and get all the updates. This is in contrast to the emergency process during COVID and the chip shortages, where they would ship…

© Reuters. FILE PHOTO: Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor at Berkshire Hathaway Inc’s annual shareholder meeting in Omaha, Nebraska, U.S., May 4, 2019. REUTERS/Scott By Jonathan Stempel (Reuters) – Warren Buffett on Saturday moved to reassure investors that his conglomerate Berkshire Hathaway (NYSE:) would serve them well over the long term, even as he mourned the recent passing of his longtime second-in-command Charlie Munger. In his widely-read annual letter to Berkshire shareholders Buffett said his more than $900 billion conglomerate has become a fortress that could…

In the dynamic world of stock trading, the NASDAQ Composite Index remains a focal point for investors and traders alike. With markets fluctuating based on a myriad of factors, understanding the technical landscape is crucial for those looking to navigate the waters of investment successfully. In this article, we distill the complex world of NASDAQ technical analysis into key insights, drawing on the expertise of Itai Levitan from ForexLive.com, to prepare you for the market opening this Monday.Understanding the Current NASDAQ LandscapeAscending Wedge and Trading Range: Recent NASDAQ movements have showcased an ascending wedge, indicating a potential shift in market…