Date Archives

Month: June 2023

Nvidia’s Role in AI Boom and Soaring Shares

June 14, 2023

What Is Nvidia’s Role in the AI Boom and Why Are Nvidia’s Shares Soaring? In the wake of the artificial intelligence (AI) boom, chip designer...

FTSE 100 Analysis: Weekly & Daily Charts

June 14, 2023

FTSE 100 WEEKLY SCENARIO FTSE 100 TECHNICAL ANALYSIS: WEEKLY CHART In the weekly chart, FTSE 100 is trading in the down channel. FTSE 100 is...

S&P 500 Set to Rise Ahead of Fed Rate Decision

June 14, 2023

S&P 500 likely to open higher ahead of Fed rate decision After a new inflation report reinforced views that the Federal Reserve could decide against...

Oil Prices Surge Ahead of Fed’s Interest Rate Release

June 14, 2023

Oil prices surge as investors await the Fed’s interest rate release. FUNDAMENTAL OVERVIEW Following upbeat predictions from OPEC and the International Energy Agency (IEA) regarding...

Dollar Drops as US Inflation Supports Fed’s Pause

June 13, 2023

Dollar drops as US inflation numbers support the Fed’s pause position The Federal Reserve is expected to announce a pause in interest rate increases at...

EUR/USD Weekly Analysis: Bullish Momentum Builds

June 13, 2023

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 above all...

London Stocks Flat as US Inflation Looms; Gilt Rates Surge

June 13, 2023

London midday: Stocks flat ahead of US inflation; gilt rates rise. FTSE 100 was unchanged at 7,568.46 The unemployment rate was slightly lower than anticipated...

EUR/USD Hits Monthly Highs Pre-US CPI Inflation Data

June 13, 2023

Before the US CPI inflation data, the EUR/USD reaches monthly highs above 1.0800. FUNDAMENTAL OVERVIEW Following an unexpected increase to -8.5 in June in Germany’s...

S&P 500 Enters Bull Market as Tech Drives Rally

June 13, 2023

S&P 500 Enters Bull Market Territory as Tech Stocks Drive Rally Optimism Surges as Market Rebounds from Bear Market and AI Tech Dominates Investor Interest...

Los Angeles Times Cuts Staff by 13% Amid Advertising Declines

June 13, 2023

Los Angeles Times Announces 13% Staff Reduction Due to Advertising Declines.

BOCI Issues $28M Digital Structured Notes on Ethereum

June 13, 2023

Bank of China’s Investment Bank Subsidiary BOCI Breaks Ground with $28 Million Digital Structured Notes on Ethereum Blockchain.

Bitcoin Downtrend Persists

June 12, 2023

Bitcoin is still trending downward MARKET PICTURE Approximately reaching lows not seen since mid-March, Cornmarket reports that the total market capitalization of the cryptocurrency industry...

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