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In a widely expected move, the ECB hiked by 75 basis point (bp). It was interesting to note the less hawkish tone when they suggested less scope for further rate increases; hence the euro is trading...
META stock plunged again after Q3 earnings; the after-hours quote puts it down more than two-thirds since the end of January The operating business is struggling, investments in the metaverse provide...
The European market is gearing up for a jumbo rate hike by the European Central Bank. The expectation is weighing on the STOXX 600 Index as investors expect the euro to strengthen following the rate...
The relationship between the White House and Saudi leadership has soured tremendously since OPEC+, led by Saudi Arabia, decided to cut oil production against the Biden Administration’s wishes....
Henry Hub’s front-month back at above $6 after 4 weeks below that key level Market trapped between resistance of $6.28 and support of $5.80, charts show US storage likely grew by...
Stocks finished the day lower yesterday despite falling rates and a weaker dollar. Earnings were the primary driver. Strange to write that. Macro forces have dictated the market for so long that...
Wednesday was another wild session for the S&P 500 as an early 35-point loss rallied 60 points from those early lows. As good as that felt, the relief was short-lived and the index gave back all...
It was a mixed day. Much of what happened yesterday started positively, but by the close of business, indices were back where they started the day. The S&P 'gravestone' doji could be...