Month: May 2023

OPEC+ discussions uncertainties and US debt deal problems cause oil to decline by 2%. FUNDAMENTAL OVERVIEW The market’s risk-on attitude was dampened by worries about...

Alibaba Plans to Hire 15,000 Employees, Denying Layoff Reports: Trade Suggestion and Analysis. Alibaba Group Holding Ltd. has announced plans to hire 15,000 new employees...

Sri Lankan Rupee Witnesses Significant Appreciation Against Major Currencies Introduction In a positive turn of events, the Sri Lankan rupee (LKR) has demonstrated a remarkable...

SILVER: WEEKLY SCENARIO SILVER Technical Analysis: Weekly Chart In the weekly charts, SILVER is trading in an up channel. SILVER is currently trading above all...

S&P 500 Index: WEEKLY SCENARIO S&P 500 Index Technical Analysis: Weekly Chart In the weekly charts, S&P 500 was trading in a down channel. S&P...

Beyond debt ceiling challenges, Bitcoin turns its focus to other serious problems Market Scenario As institutional investors in Europe and America prepare to take a...

For the Hang Seng, this week has begun positively. Fed bets re-pinned the HSI despite the debt ceiling news being supportive. This morning, the Hang...

EUR/USD WEEKLY SCENARIO EUR/USD TECHNICAL ANALYSIS: WEEKLY CHART In the weekly chart, EUR/USD is trading in an up channel. EUR/USD is currently trading below 5&20...

As USD sees renewed demand, GBP/USD eases to 1.2350 FUNDAMENTAL OVERVIEW The GBP/USD exchange rate is trading close to 1.2350, giving up gains made during...

Analog Devises Beats Earnings Estimates with Strong Q3 Results. Introduction:  Analog Devices (NASDAQ: ADI) reported impressive third-quarter earnings that exceeded analysts’ expectations, accompanied by strong...

KT Reports Second Quarter Earnings Below Analyst Expectations, Maintains Revenue Consistency. Introduction: On Tuesday, telecommunications company KT announced its second quarter earnings, which fell short...

Aldi’s Price Cuts Signal the Return of Price Wars in the US Grocery Market. Aldi US Implements Price Reductions on 250 Items as Inflation Slows...