financetom
News
World
Environment
Technology
Politics
Retail
Business
Economy
Market summary >
Editors' picks >
News >
Crude Oil Q3 Technical Forecast: Narrowing Price Action May Keep Oil Within a Tighter Range in Q3
Crude Oil Q3 Technical Forecast: Narrowing Price Action May Keep Oil Within a Tighter Range in Q3
Jun 29, 2024
Crude Oil Technical Forecast: West Texas Intermediate and Brent Prices continue to hover around the downtrend line from June 2022 and, although the market has recently pushed back above that point, it doesn’t yet look too comfortable there. If prices can remain around current levels into month end, bulls may be emboldened to try the current medium-term range top at...
US Dollar Slips After US Durable Goods, Jobs Data
US Dollar Slips After US Durable Goods, Jobs Data
Jun 28, 2024
US Dollar Slips After US Durable Goods, Jobs Data, US Q1 GDP Meets Forecasts US Q1 GDP grows by 1.4%, as expected.Durable goods revisions and US continuing jobless data soften the US dollar.For all high impact data and event releases, see the real-time DailyFX Economic Calendar The US dollar index slipped lower after the latest batch of US data showed...
Equities Q3 Fundamental Outlook: Bullish Momentum to Slow
Equities Q3 Fundamental Outlook: Bullish Momentum to Slow
Jun 29, 2024
Strong Momentum Likely to Wane in Q3 as the Fed Awaits Incoming Data US equity indices are on track to close out Q2 in positive territory thanks to outperformance from Nvidia, which temporarily saw it claim the title of the largest stock in the US when measured by market cap. Tech-heavy indices like the Nasdaq and SP 500 have risen...
Gold (XAU/USD) & Silver (XAG/USD) – Updated Sentiment Analysis
Gold (XAU/USD) & Silver (XAG/USD) – Updated Sentiment Analysis
Jun 28, 2024
Gold (XAU/USD) Silver (XAG/USD) Sentiment Analysis and Charts Gold: Traders Lean Bullish Despite Potential Price DeclineSilver: Retail Sentiment Signals Potential Price DeclineYou can Download Retail Sentiment Data on a Range of Asset Classes: Gold Mixed Data provided by of clients are net long. of clients are net short. Change in Longs Shorts OI Daily -16% 15% -6% Weekly 5% -7%...
World >
Market >
Sector Update: Financial
Sector Update: Financial
Mar 21, 2024
03:19 PM EDT, 03/21/2024 (MT Newswires) -- Financial stocks advanced late Thursday afternoon, with the NYSE Financial Index and the Financial Select Sector SPDR Fund (XLF) each rising 0.9%. The Philadelphia Housing Index climbed 1.8%, and the Real Estate Select Sector SPDR Fund (XLRE) was adding 0.4% Bitcoin (BTC-USD) dropped 4% to $65,176, and the yield for 10-year US Treasuries...
Japan's Nikkei hits record high on Wall Street gains, weaker yen
Japan's Nikkei hits record high on Wall Street gains, weaker yen
Mar 21, 2024
TOKYO, March 22 (Reuters) - Japan's Nikkei share average hit a record high on Friday, underpinned by the strength on Wall Street overnight and as a weaker yen prompted investors to buy automakers. The Nikkei rose to as high as 41,087.75 earlier in the session, crossing the 41,000 level for the first time. The index ended 0.07% higher at 40,844.53...
Japan's Nikkei ends at record high on Wall Street gains, weaker yen
Japan's Nikkei ends at record high on Wall Street gains, weaker yen
Mar 22, 2024
(Updates to closing prices) TOKYO, March 22 (Reuters) - Japan's Nikkei share average closed at an all-time high on Friday, underpinned by record gains on Wall Street overnight and strength in automakers' stocks on a weaker yen. The Nikkei rose 0.18% to end at 40,888.43, after hitting 41,087.75 earlier in the session to break an all-time intraday high. The index,...
Sector Update: Health Care
Sector Update: Health Care
Mar 21, 2024
03:42 PM EDT, 03/21/2024 (MT Newswires) -- Health care stocks rose late Thursday afternoon with the NYSE Health Care Index adding 0.2% and the Health Care Select Sector SPDR Fund (XLV) rising 0.3%. The iShares Biotechnology ETF (IBB) climbed 0.9%. In corporate news, Eledon Pharmaceuticals ( ELDN ) shares surged 12% after it said its tegoprubart monoclonal antibody was used...
Environment >
Technology >
In-Depth Examination Of 13 Analyst Recommendations For Intuit
In-Depth Examination Of 13 Analyst Recommendations For Intuit
Mar 26, 2024
13 analysts have shared their evaluations of Intuit during the recent three months, expressing a mix of bullish and bearish perspectives. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 10...
End of day gold price forecast update - 26-03-2024
End of day gold price forecast update - 26-03-2024
Mar 26, 2024
Gold price touched 2200.00$ barrier and bounced bearishly to approach testing the key support 2166.50$, and as we mentioned in our previous reports, holding above this support keeps the bullish trend scenario active for the upcoming period, supported by the EMA50, reminding you that our next main target is located at 2222.86$. ...
End of day EURUSD price forecast update - 26-03-2024
End of day EURUSD price forecast update - 26-03-2024
Mar 26, 2024
The EURUSD price bounced downwards clearly after testing 1.0860$ level that formed solid resistance against the price, to resume the expected bearish track on the intraday basis, and the way is open to visit 1.0765$ that represents our next target, reminding you that breaking it will extend the bearish wave to reach 1.0645$ as a next negative station. ...
February Durable Goods Orders Rise More Than Expected Amid Aircraft Rebound
February Durable Goods Orders Rise More Than Expected Amid Aircraft Rebound
Mar 26, 2024
12:43 PM EDT, 03/26/2024 (MT Newswires) -- US durable goods orders rose more than projected last month as the civilian aircraft component rebounded from January's plunge that Jefferies said reflected the impact from a Boeing (BA) 737 plane panel ripping off in the middle of a flight. Orders for tangible items with an average life of at least three years...
Personal Finance >
Politics >
Retail >
Business >
US, Israeli officials deny approving sale of Israeli spyware firm to US investors
US, Israeli officials deny approving sale of Israeli spyware firm to US investors
Dec 20, 2024
WASHINGTON (Reuters) - Officials in the United States and Israel have denied reports their countries had signed off on the sale of Israeli spyware maker Paragon to Florida-based AE Industrial Partners. Over the past week, Israeli news outlets reported that Paragon, which was founded by former Israeli intelligence officers and backed by ex-Israeli Prime Minister Ehud Barak, had been bought...
BRIEF-Camden National Corp. Receives Regulatory Approvals For Merger Of Northway Financial, Inc.
BRIEF-Camden National Corp. Receives Regulatory Approvals For Merger Of Northway Financial, Inc.
Dec 20, 2024
Dec 20 (Reuters) - Camden National Corp ( CAC ): * CAMDEN NATIONAL CORP. ( CAC ) RECEIVES REGULATORY APPROVALS FOR MERGER OF NORTHWAY FINANCIAL, INC. * CAMDEN NATIONAL CORP ( CAC ) - MERGER EXPECTED TO CLOSE ON OR ABOUT JANUARY 2, 2025 Source text: Further company coverage: ...
BRIEF-Desktop Metal Files Lawsuit Against Nano Dimension For Breach Of Merger Agreement
BRIEF-Desktop Metal Files Lawsuit Against Nano Dimension For Breach Of Merger Agreement
Dec 20, 2024
Dec 20 (Reuters) - Desktop Metal Inc ( DM ): * DESKTOP METAL FILES LAWSUIT AGAINST NANO DIMENSION FOR BREACH OF MERGER AGREEMENT * DESKTOP METAL-COURT SCHEDULED AN EXPEDITED HEARING ON DEC 30,TO HEAR DESKTOP METAL'S MOTION FOR AN EXPEDITED TRIAL TO BE HELD IN JANUARY Source text: Further company coverage: ...
BRIEF-Infinity Natural Resources Adds Fifth Third Securities As The Underwriter For IPO- SEC Filing
BRIEF-Infinity Natural Resources Adds Fifth Third Securities As The Underwriter For IPO- SEC Filing
Dec 20, 2024
* INFINITY NATURAL RESOURCES: ADDS FIFTH THIRD SECURITIES AS THE UNDERWRITER FOR IPO- SEC FILING Source text: Further company coverage: [ ] ...
Economy >
Cryptocurrency >
Prometheum Files Lawsuit Against Critic Matthew Blumberg Amidst Scam Accusations
Prometheum Files Lawsuit Against Critic Matthew Blumberg Amidst Scam Accusations
Dec 18, 2024
Federally approved digital asset securities platform Prometheum has filed a defamation lawsuit against crypto commentator Matthew Blumberg. The dispute stems from a November 6 post on X, where the critic accused the firm of operating “an illegal unregistered commodities exchange” and engaging in shady dealings with the U.S. Securities and Exchange Commission (SEC). Free Speech or Defamation? Prometheum’s complaint, filed...
Shiba Inu (SHIB) Drops by 15% in 2 Weeks: These Factors Suggest Extended Correction
Shiba Inu (SHIB) Drops by 15% in 2 Weeks: These Factors Suggest Extended Correction
Dec 18, 2024
TL;DR Shiba Inus price has fallen substantially lately, with declining burn rates and large transaction volumes signaling continued bearish momentum. On the other hand, reduced exchange reserves and SHIBs RSI nearing oversold territory suggest that a potential rebound may be on the horizon. The Bad Days for the Bulls Might Not be Over The past two weeks have been quite...
Bitcoin Price Tumbles Toward $100K Despite Fed’s Latest Rate Cut
Bitcoin Price Tumbles Toward $100K Despite Fed’s Latest Rate Cut
Dec 18, 2024
The United States Federal Reserve announced a third consecutive rate cut, this time by 25 basis points. Unlike the previous such occasions in the past few months, bitcoin and the rest of the crypto market headed south immediately and violently. Perhaps the reason for this lies in Fed Chair Jerome Powells words as he hinted that the central bank might...
Why Did Ripple’s (XRP) Price Crash by 18% in 36 Hours?
Why Did Ripple’s (XRP) Price Crash by 18% in 36 Hours?
Dec 18, 2024
TL:DR; XRP was the top performer from the larger-cap alts until yesterday afternoon, but its price has tumbled hard by double digits since then. Could that be related only to the market-wide retracement, or is there more to the story, such as another sell-the-news event? Recall the price developments around XRP that took place earlier this week. The asset stood...
Forex >
Copyright 2023-2025 - www.financetom.com All Rights Reserved