Author: FX

Stock heatmap by FinViz.com Tue, 31 Dec 2024 14:46:05 GMTSector Overview: Winners and Losers in FocusThe US stock market is presenting a mixed bag of performances today, where certain sectors and key players are standing out.🚗 Consumer Cyclical: Tesla (TSLA) steals the spotlight with a significant rise of 1.89%. This surge highlights investor optimism in the auto manufacturers’ space, potentially driven by positive news or advancements in electric vehicle technologies.💊 Healthcare: Contrasting this, the healthcare sector sees a downward trend led by Eli Lilly (LLY), which is down 0.43%. This points to growing concerns or unfavorable developments in the healthcare…

Prices up 4.2% y/y vs +4.6% priorPrices down 0.2% m/m vs -0.4% prior non-seasonally adjustedPrices up 0.3% vs +0.2% expected, seasonally adjustedSeparate housing data from the FHFA:Prices +0.4% m/m vs +0.7% priorPrices +4.5% y/y vs +4.5% priorHome builders have been one of the worst-performing sectors in Q4 as rates have risen. This article was written by Adam Button at www.forexlive.com. Source link

jetcityimage Tesla (NASDAQ:TSLA) is expected to publish its Q4 deliveries report on January 2. The deliveries report has the potential to create some headlines by topping the company’s record high of 484,507 units in Q4 of 2023. The analyst consensus estimate Source link

PODGORICA (Reuters) – Montenegro on Tuesday extradited Terraform Labs co-founder Do Kwon to the United States, the interior ministry said. Kwon, a South Korean national, is the former CEO of South Korea-based Terraform Labs, the company behind the TerraUSD, a “stablecoin” designed to maintain a constant $1 price, which collapsed in May 2022, roiling cryptocurrency markets. Kwon is also wanted by South Korea. Source link

Silver prices (XAG/USD) fell on Tuesday, according to FXStreet data. Silver trades at $28.96 per troy ounce, down 0.14% from the $29.00 it cost on Monday. Silver prices have increased by 21.71% since the beginning of the year. Unit measure Silver Price Today in USD Troy Ounce 28.96 1 Gram 0.93 The Gold/Silver ratio, which shows the number of ounces of Silver needed to equal the value of one ounce of Gold, stood at 90.29 on Tuesday, up from 89.91 on Monday. Silver FAQs Silver is a precious metal highly traded among investors. It has been historically used as a…

With only one day left to go, let’s take a look and what were the best and worst performers in each asset class during the year. Were there any standouts and/or surprises that might catch your eye?Here’s a look at the major currencies space with the dollar as a benchmark:GBP -1.4%CNY -2.8%EUR -5.7%CHF -7.3%CAD -8.3%AUD -8.7%JPY -10.8%NZD -10.9%Upshot: The dollar is king of the hill with the US economy holding up better than its peers. A Trump election win and a more hawkish Fed going into the turn of the year has definitely helped quite significantly as well. 👑And here’s…

EUR/USD may depreciate further as the short-term price momentum is weaker. The initial support appears at its two-year low of 1.0332, recorded on November 22. The nine-day EMA acts as immediate resistance at the 1.0417 level. EUR/USD recovers its recent losses from the previous session, trading around 1.0410 during the European hours on Tuesday. A review of the daily chart shows an ongoing bearish bias as the pair is confined within a descending channel pattern. The 14-day Relative Strength Index (RSI), a key momentum indicator, remains below the 50 level, confirming the persistent bearish sentiment for the EUR/USD pair. Additionally,…

Dec. 31, 2024 3:43 AM ETEuro / US Dollar (EUR:USD), USD:EUREWG, GF, EWI, EWQ, EWU, FXB, GREK, EWUS, FKU, FGM, DAX, FLGR, FLGB, STOXX, UKXBy: Manshi Mamtora, CFA Yuji Sakai London (UKX) -0.16% will close early. Germany (DAX:IND) closed for New Year’s Day. Switzerland and Italy are also shut. France (CAC:IND) -0.07% will close early. The pan-European Stoxx 600 (STOXX) moved 0.01% lower, as markets wind down for New Year celebrations. Banks, telecoms, and financial services among the top performing sectors. Coming up Source link

GBP/USD is positioned above the descending channel, suggesting a weakening bearish bias. The descending channel’s upper boundary acts as primary support near the 1.2540 level. The immediate resistance appears at its nine-day EMA at 1.2565 level. GBP/USD retraces its recent losses, trading around 1.2550 during the European hours on Tuesday. The daily chart analysis suggests a weakening bearish bias as the pair is positioned above the upper boundary of the descending channel pattern. However, the 14-day Relative Strength Index (RSI) remains below the 50 level, suggesting a persistent bearish bias. Additionally, the GBP/USD pair is positioned below its nine- and…

BEIJING (Reuters) – China has shared most of its COVID-19 data and research results with the international community, and that work tracing the origins of the coronavirus should be carried out in other countries, its foreign ministry said on Tuesday. In a statement on Monday, the World Health Organization again called on China to share data and access in efforts to understand the origins of COVID-19, the first cases of which were detected in central China five years ago. Source link