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Market Recap: S&P 500 and Nasdaq Experience Decline Amid Fed Officials' Comments
author-avatar Alice Scott
News, Stocks
June 17, 2023
18 Jun 2023

Market Recap: S&P 500 and Nasdaq Experience Decline Amid Fed Officials’ Comments

Introduction In recent trading sessions, the S&P 500 and Nasdaq experienced a decline, primarily driven by market heavyweights such as Microsoft and Amazon. This downturn came as Federal Reserve officials made comments that dampened optimism reg...
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author-avatar Alice Scott
News, Stocks
June 17, 2023
17 Jun 2023

Intel’s $4.6 Billion Investment in New Chip Plant in Poland Sparks Growth Prospects

In a significant move that has captured the attention of the market, Intel Corporation has announced its plans to invest a staggering $4.6 billion in a new chip plant located in Poland. This article delves into the implications of this major investme...
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Yadea Group Plans $1 Billion Battery Factory Investment in the Philippines
author-avatar Alice Scott
News, Stocks
June 15, 2023
15 Jun 2023

Yadea Group Plans $1 Billion Battery Factory Investment in the Philippines

Introduction Yadea Group Holdings, one of the world's largest manufacturers of electric two-wheeled vehicles, plans to invest around $1 billion in establishing a battery factory in the Philippines. This strategic move comes as the country's investme...
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Siemens Announces €2 Billion Investment Plan to Meet Growing Global Demand
author-avatar Alice Scott
News, Stocks
June 15, 2023
15 Jun 2023

Siemens Announces €2 Billion Investment Plan to Meet Growing Global Demand

Introduction Siemens, the renowned German engineering and technology conglomerate, recently announced its ambitious €2 billion investment plan aimed at meeting the escalating demand triggered by global stimulus packages. As economies around the worl...
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European Shares Remain Steady as Croda Takes a Hit on Profit Warning
author-avatar Alice Scott
News, Stocks
June 9, 2023
09 Jun 2023

European Shares Remain Steady as Croda Takes a Hit on Profit Warning

The European stock market has experienced a period of stability as shares remain relatively flat. However, one notable exception is Croda International, a specialty chemicals company, which has taken a hit following the issuance of a profit warning. ...
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author-avatar Alice Scott
News, Stocks
June 7, 2023
07 Jun 2023

Stock Futures Remain Range-Bound: Dow Jones, S&P 500, and Nasdaq 100 Display Limited Fluctuation”

In a recent session of the stock market, Dow Jones Futures, S&P 500 Futures, and Nasdaq 100 Futures showed limited fluctuations, remaining within a narrow range. By 7:10pm ET (11:10pm GMT), these major indices were trading within a mere 0.1% rang...
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author-avatar Alice Scott
News, Stocks
June 6, 2023
06 Jun 2023

Associated British Foods Strengthens Agri-Food Unit with National Milk Records Acquisition

Associated British Foods (OTC:ASBFY), the renowned owner of Primark and a significant player in the sugar and ingredients business, has announced its plan to purchase National Milk Records, a pioneering dairy technology company. This strategic acquis...
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British American Tobacco Affirms Full-Year Revenue Growth Outlook, Focusing on Vaping and Oral Nicotine Products
author-avatar Alice Scott
News, Stocks
June 6, 2023
06 Jun 2023

British American Tobacco Affirms Full-Year Revenue Growth Outlook, Focusing on Vaping and Oral Nicotine Products

Introduction British American Tobacco (BTI) has recently announced its decision to uphold the full-year revenue growth outlook for 2023. With a focus on vaping and oral nicotine products, the company aims to capitalize on emerging market trends and ...
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USD/JPY's Short-Term Topping Confirmed as Bearish Divergence Emerges
author-avatar Alice Scott
Analysis
March 27, 2023
11 Mar 2023

USD/JPY’s Short-Term Topping Confirmed as Bearish Divergence Emerges

The USD/JPY has been in a bullish trend since the start of the year, rising from a low of 127.20 to a high of 137.90. However, last week's decline in the currency pair has confirmed a short-term topping pattern at the 137.90 level, which is supported...
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US Equities Plunge on Bank Concerns: Silicon Valley Bank Taken Over by FDIC
author-avatar Alice Scott
Forex, News
March 27, 2023
11 Mar 2023

US Equities Plunge on Bank Concerns: Silicon Valley Bank Taken Over by FDIC

Introduction: On March 11, 2023, the US equities market experienced a significant drop, with the S&P 500 erasing its gains for the year. Investors were initially optimistic after a higher US unemployment rate was reported earlier in the day. How...
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Will the Fed's March Rate Hike Help Oil Markets Recover
author-avatar Alice Scott
Commodities, News
March 27, 2023
11 Mar 2023

Will the Fed’s March Rate Hike Help Oil Markets Recover

The Federal Reserve's decision to hold off on raising interest rates until March has given some relief to the oil markets, with New York-traded West Texas Intermediate (WTI) crude settling up 1.3% at $76.68 per barrel, reducing its weekly loss to 3.8...
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U.S. crude inventories fall after 10 consecutive weeks of builds
author-avatar Alice Scott
Commodities, News
March 27, 2023
09 Mar 2023

U.S. crude inventories fall after 10 consecutive weeks of builds

Introduction: The U.S. crude inventories have finally fallen after 10 consecutive weeks of builds, according to the Weekly Petroleum Status Report released by the Energy Information Administration (EIA) on March 3, 2023. This is the first crude stoc...
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