Author: FX

Recommended by Daniel Dubrovsky Get Your Free Equities Forecast Global market sentiment deteriorated this past week, setting traders up for volatility moving forward. On Wall Street, the Dow Jones, S&P 500 and Nasdaq 100 fell 2.61%, 2.94%, and 3.89%, respectively. Across the Atlantic, the FTSE 100 and DAX 40 sank 1.57% and 1.76%, respectively. Japan’s Nikkei 225 and Hong Kong’s Hang Seng Index fell 0.88% and 3.43%, respectively.Counter to the stock market, the US 2-year Treasury yield soared to 4.82%, marking the highest confirmed close since 2007. On Friday, the US PCE Core Deflator crossed the wires higher across the…

Araya Doheny/Getty Images Entertainment Netflix (NASDAQ:NFLX) kept rolling up hits with its original programming in new streaming ratings, while HBO Max (NASDAQ:WBD) kept riding its latest breakthrough and Peacock (NASDAQ:CMCSA) broke through again. The ensemble comedy film You People (NFLX) streamed 1.576B minutes and debuted at the top spot in Nielsen’s most recent weekly streaming content ratings (for Jan. 23-29). The movie stars Jonah Hill, Lauren London, Eddie Murphy, Julia Louis-Dreyfus, Nia Long and David Duchovny, and it unseated Netflix’s previous No. 1, Ginny & Georgia, which streamed a still-strong 1.299B minutes for the interval. It was part of a…

What exactly is meant by the term “technical analysis,” and how exactly does it have an impact on Meta Stock?Let’s begin by defining “technical analysis” and discussing how it relates to this discussion before moving on to particular methods for assessing and trading Meta sock. Technical analysis is the process of forecasting future price changes by analyzing current prices in relation to historical market data, particularly price and behavior. It is based on the assumption that changes in price follow trends and patterns that can be recognized and used to one’s advantage in order to engage in profitable transactions. In…

© Reuters. FILE PHOTO: White House National Security Advisor Jake Sullivan speaks during a daily press briefing at the White House in Washington, D.C., U.S., November 10, 2022. REUTERS/Tom Brenner/File Photo By Doina Chiacu and Sarah N. Lynch WASHINGTON (Reuters) – China has not moved toward providing lethal aid that would help Russia in its invasion of Ukraine and the United States has made clear behind closed doors that such a move would have serious consequences, White House national security adviser Jake Sullivan said on Sunday. “Beijing will have to make its own decisions about how it proceeds, whether it…

MON: EZ Economic Sentiment (Feb), US Durable Goods (Jan), Japanese Retail Sales (Jan), German Prelim. CPI (Feb).TUE: NBH Announcement, Canadian GDP (Q4), US CaseShiller (Dec).WED: Australian CPI (Jan) and GDP (Q4), Chinese Official PMIs (Feb), Chinese Caixin Manufacturing Final PMI (Feb), EZ, UK, US Manufacturing Final PMI (Feb), German Prelim CPI (Feb), US ISM Manufacturing PMI (Feb).THU: ECB Minutes, EZ Flash CPI (Feb) and Unemployment Rate (Jan), Japanese Tokyo CPI (Feb).FRI: Chinese Caixin Services Final PMI (Feb), German Trade Balance (Jan), EZ, UK, US Services & Composite Final PMI (Feb), EZ PPI (Jan), US ISM Services PMI (Feb).Note: Previews are…

3/3 © Reuters. A mockup of the new Nokia logo, is seen at an unknown location, in this undated handout picture received on February 25, 2023. NOKIA/Handout via REUTERS 2/3 By Supantha Mukherjee BARCELONA (Reuters) – Nokia (NYSE:) announced plans on Sunday to change its brand identity for the first time in nearly 60 years, complete with a new logo, as the telecom equipment maker focuses on aggressive growth. The new logo comprises five different shapes forming the word NOKIA. The iconic blue color of the old logo has been dropped for a range of colours depending on the use.…

GOLD OUTLOOK & ANALYSISUS inflation weighs negatively on spot gold prompted a more aggressive Federal reserve.US economic data the focus for next week.More room for XAU/USD downside but approaching oversold territory. Recommended by Warren Venketas Get Your Free Gold Forecast XAU/USD FUNDAMENTAL BACKDROPGold prices continue to be decimated by a rallying USD after US core PCE data left XAU/USD floundering. Inflation and more specifically core inflation has been plaguing gold prices of recent due to a hawkish repricing of Fed rate hikes which now stand at a 5.382% peak rate in 2023. “Sticky” inflation has been raising the probability of…

2/2 © Reuters. Commercial ships are docked at the Houthi-held Red Sea port of Hodeidah, Yemen February 25, 2023. REUTERS/Khaled Abdullah 2/2 By Khaled Abdullah and Adel al-Khadher HODEIDAH, Yemen (Reuters) – A container ship carrying general commercial goods docked at Yemen’s main port of Hodeidah for the first time since at least 2016 on Saturday as parties in Yemen’s eight-year war are in talks to reinstate an expired U.N.-brokered truce deal. The conflict, which pits a military coalition led by Saudi Arabia against the Iran-aligned Houthi group, has divided Yemen and caused a humanitarian crisis that has left 80%…

ROME (Reuters) -At least 30 people have died after a migrant shipwreck off the eastern coast of Italy’s Calabria region, ANSA and other Italian news agencies reported on Sunday. Some 27 bodies were found washed up on the shores of Steccato di Cutro, a seaside resort in the province of Crotone, and more were spotted at sea, ANSA said, adding that three others were found in the water. The Adnkronos news agency said that more than 100 people were aboard the boat that carried the migrants, and that about 50 people have been rescued. The boat, bringing migrants from Iran,…

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