Author: FX

Share: USD/CHF is looking for recovery after a pullback move amid the risk-off impulse. S&P500 futures have ignored the risk-aversion theme amid the upbeat US economic outlook. Geopolitical tensions between the US and China have improved the US Dollar appeal. The USD/CHF pair has corrected marginally to near 0.9330 after printing a fresh six-week high around 0.9350 in the early Asian session. The Swiss franc asset is expected to recover sooner as the risk profile is supporting the safe-haven assets. The US Dollar bulls seem in control as the Federal Reserve (Fed) policymakers are reiterating the requirement of…

BITCOIN OUTLOOK:Bitcoin slides as U.S. stocks struggle for directionNasdaq 100 scores wild swings as Fed jitters undermine sentimentMarket attention now turns to U.S. PCE data on Friday Recommended by Diego Colman Get Your Free Equities Forecast Read More: EUR/USD Subdued as US Dollar Retains Upper Hand, Gold Can’t Shake Off the BluesThe Nasdaq 100 rallied at the cash open as solid corporate earnings from chipmaker Nvidia bolstered positive sentiment, but optimism was short-lived as sellers quickly returned to fade the strength in the equity space amid Fed jitters. In late afternoon-trading, the tech index, however, resumed its advance, but wild…

Alnylam off 4% despite earnings beats on disappointing 2023 product revenue outlook Source link

EURJPY, Daily. After the Emperor’s birthday passed, the Yen had limited movement. On Tuesday, the BOJ maintained its YCC limits, buying ¥400bn worth of bonds, and Kazuo Ueda as Kuroda’s successor is expected to testify at the upper house of Japan’s parliament this Friday. Ueda’s comments before parliament could follow the similar dovish line that Kuroda laid down during his time at the helm. While he may agree academically, that ultra-low interest rates are a long-term problem, how to change policy without harming the economy is a much more complex question going forward. Due to external forces, especially the rising…

© Reuters. By Sara Merken Apollo Global Management (NYSE:) Inc said Thursday that Whitney Chatterjee, a partner at New York law firm Sullivan & Cromwell, will take over leadership of its legal team. Chatterjee, most recently head of Sullivan & Cromwell’s investment management practice, has been named general counsel, effective April 3. She will transition into the role of chief legal officer at Apollo next January, succeeding longtime legal leader John Suydam, the private equity giant said. Suydam has served as Apollo’s legal chief since joining in 2006 from law firm O’Melveny & Myers, where he was head of mergers…

WI level at the time of the auction came in at 4.047% The US treasury auctioned off $35 million of 7 your notes:High-yield Yield A yield represents the earnings generated by an investment or security over a certain time period. Yields are typically displayed in percentage terms and are in the form of interest or dividends received from it.These figures do not include the price variations, which separates it from the total return. Consequently, a yield applies to various stated rates of return on stocks, fixed income instruments such as bonds, and other types of investment products.Yields can be calculated…

Share: Western Texas Intermediate prices advance more than 2%, trimming its Wednesday losses. US stockpiles have increased the most since 2021, as reported by the US EIA. Russia’s plan to cut its oil output supported WTI and oil prices. Western Texas Intermediate (WTI), the US crude oil benchmark, advances shy of 2% on Thursday, trimming some of its Wednesday’s losses spurred by a strong US Dollar (USD). Nevertheless, WTI is staging a comeback, exchanging hands at $75.78 per barrel. Sentiment shifted sour as the US Dollar extended its gains, capping oil’s rally. The US Dollar Index (DXY) advances…

Wirestock/iStock Editorial via Getty Images Planet Fitness (NYSE:PLNT) showed enough strength with its Q4 earnings report to keep Morgan Stanley in the bull camp. Some of the positive pullouts seen by the firm from the report were that adjusted EBITDA of $106.1M topped expectations with flow through from the sales beat, as well as favorability on SG&A and a bit less of a drag from ad fund mismatch. The read on cost of equipment revenue and store operating costs were also noted to be slightly positive. “Depending on how the consumer backdrop unfolds, PLNT’s targets are sometimes conservative but this…

US DOLLAR, EUR/USD & GOLD PRICES OUTLOOK: Recommended by Diego Colman Get Your Free EUR Forecast Read More: EUR/USD on a Knife Edge as Eurozone Core Inflation Ticks HigherThe US dollar, as measured by the DXY index, rose moderately on Thursday, touching seven-week highs near 104.70, as market sentiment remained fragile, depressing appetite for riskier currencies.Against this backdrop, EUR/USD continued its descent, falling around 0.10% and breaking below the 1.0600 handle for the first time since early January. Gold prices also retreated, extending losses for the third consecutive session, and rapidly approaching the lowest level since December 30.Looking ahead, there…

Innovative Eyewear, Inc (LUCY) Launches Lucyd Lyte 2.0 the Next Generation of Smart Eyewear on Amazon Innovative Eyewear, Inc. (“Innovative Eyewear” or the “Company”) (LUCY; LUCYW), the developer and retailer of smart eyewear under the Lucyd®, Nautica®, and Eddie Bauer® brands, is proud to announce the launch of its newest collection, Lyte 2.0, now available for purchase on Amazon at https://www.amazon.com/lucyd. Customers can choose various styles and colors to fit their preferences and lifestyles. With affordable price points and advanced features, Lyte 2.0 represents a unique and desirable solution for customers who want to stay connected, enhance their productivity, and…