Shares of Tesla are down 41% year-to-date and another 1% today after a recall and a report in the Financial Times questioning $1.4 billion "falling through the cracks" in Tesla's financial statements.Tesla's financial statements show a $1.4 billion discrepancy between...
US sells $18 billion of 10 year TIPS a yield of 1.935%
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BOC Macklem: BOC needs to set policy that minimizes the risk of errors
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European indices close lower with German Dax down -1.18%. France CAC down -0.95%
Major European indices fell in trading today with the Italy's FTSE MIB the worst performer. The UK's FTSE 100 fell modestly after the Bank of England Rates unchanged. A snapshot of the closing levels shows:German DAX, -274.95 points or -1.18% at 23013.12France's CAC,...
Apple shakes up AI executive ranks.News sends the NASDAQ & the S&P into negative territory
Apple is shaking up its AI executive ranks as it tries to turn around the Siri failure on its iPhones.The news has helped to turn the major stock indices around and into the negative. The NASDAQ index is down -47 point or -0.27% at 17703.. That session highs, the...
So much for the USDCAD bullish shift above MAs on the 4-hour chart
USDCAD technicalsSo much for the bullish run higher in the USDCAD with moves above the 200 bar MA on the 4-hour chart, and the 100 bar MA on the same chart (at 1.43804 - see earlier post). The high price reached 1.4401, and buyers made a play, but could not sustain...
OPEC+ says seven nationals have issued new plans to compensate for overproduction
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NZDUSD Analysis: NZDUSD falls below key levels, Bearish outlook dominates
NZDUSD technicalsThe NZDUSD is under pressure as selling momentum picks up following a failed attempt to reach the 38.2% retracement level at 0.5844 earlier this week. The inability to break higher, coupled with a drop below key moving averages, has shifted control to...
BOE’s Bailey: We have to wait to see evidence of falling inflation, need to be careful
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Oil climbs after fresh Iran sanctions
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EURUSD stretches to the lows of the 2-week trading range and broken 61.8% retracement
EURUSD technicalsThe EURUSD has dropped to a new low for the day, testing key support at the broken 61.8% retracement of the September high to last week's low at 1.08174, along with last week's low at 1.08044. A break below the 1.0804–1.0817 zone would likely...
Tech sector leads gains: Meta soars while Broadcom dips
Stock heatmap by FinViz.com Thu, 20 Mar 2025 14:46:03 GMTSector OverviewToday’s stock market heatmap reveals a multifaceted landscape with notable performances within the technology sector. Key players such as Nvidia (NVDA) rose by 1.17%, maintaining a positive...
Turkish central bank hikes overnight rate to 46%
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UK February inflation expectations for the year ahead 3.9% vs 3.5% prior
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AUDUSD moves sharply lower kickstarted by weak employment. Bearish technicals kick in.
The AUDUSD moved sharply lower in trading today help by a weaker employment report from Australia and the breaking of some key technical levels as well.More specifically, the AUDUSD has moved back below the 100-day moving average with strong momentum, signaling...
US February existing home sales 4.26m vs 3.95m expected
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The USDCAD buyer are making more of a play with a move above the 200 & 100 hour MA.
USDCAD technicalsThe USDCAD since mid-December has been trading "mostly" within a range from 1.4268 to 1.4471 (value area or Red Box). There has been breaks above and below -mostly on news on tariffs either against Canada (higher USDCAD) or for Canada (lower...
The Powell bump fades: US equity markets set for lower open
The market liked what it heard from Powell and the FOMC yesterday but today it's back to tariff worries and uncertainty.S&P 500 futures are down 30 points or 0.5% and Nasdaq futures lower by 0.7%.The FX market is showing a similar round of risk aversion that...
South African reserve bank leaves repo rate unchanged at 7.50%
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The USDCHF rises after SNB cuts rates
The SNB cut rates by 25 basis points, which was the "expected" move but not a certainty (68% probability). In response, USDCHF rallied as the CHF moved lower.Technically, the 0.8758 support level (lows from this week and last) was briefly breached before the decision,...