The New York Times is reporting that Amazon is said to be making a bid to buy TikTok in the US. TikTok has a Saturday deadline to change its ownership structure (which may have been extended. Trump wants control in the US and certainly does not want it...
European major indices close mostly lower but well off low levels
Major European indices are closing mostly lower, and well off low levels for the day. A snapshot of the closing levels shows: German DAX -164.90 points or -0.73% at 22375.09. At session lows, the index is down -400.72 pointsFrance's CAC -17.53 points or -0.22% at...
Why the Right Forex Platform Defines Trading Success in Australia’s Evolving Market
The forex market is a financial giant with more than $7.5 trillion in daily trading volumes. Though experienced traders navigate this complicated landscape with ease, new players in the market find themselves weighed down by intricacies of market action, liquidity...
Elon Musk is likely to leave DOGE soon – report
Data today showed that Tesla deliveries plunged late in Q1 as Elon Musk hitched himself to Donald Trump and his DOGE campaign. The richest man in the world had said he would stay at the White House for months but now there are indications that he's become a political...
B2BROKER Enhances B2CORE with DXtrade Integration in New Partnership with Devexperts
B2BROKER, a global fintech company offering advanced solutions for financial institutions, has partnered with Devexperts a global software developer for the capital markets industry. This collaboration integrates the DXtrade trading platform into the B2CORE ecosystem,...
The major US indices are trading higher
The major US indices are now trading higher. A snapshot of the market currently shows:Dow Jones Industrial Average: 42,104.87 ▲ 114.91 (+0.27%)S&P 500: 5,647.43 ▲ 14.36 (+0.25%)Nasdaq Composite: 17,499.63 ▲ 49.74 (+0.29%)The small-cap Russell 2000 is also higher...
EU is planning emergency measures in reaction to tariffs
Bloomberg is reporting:EU is reportedly planning emergency measures in reaction to tariffsWorking short-term support proposals, alongside plans to advance competitiveness and reforming key sectorsMeasures will be dependent on US announcementAlthough they are...
Mexican Pres.: It will not impose tit-for-tat tariffs
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Tech sector steadies while consumer cyclical stocks show promise
Stock heatmap by FinViz.com Wed, 02 Apr 2025 14:46:08 GMTTech sector steadies while consumer cyclical stocks show promiseThe U.S. stock market today presents a stable landscape for tech stocks, while the consumer cyclical sector exhibits notable resilience. Meanwhile,...
Put on the Sherlock Holmes hat: We have enough evidence to deduce tariffs coming today
It's a big day in markets and I would encourage you to read my primer on what is really expected by the market today around tariff numbers.At the same time, I see some clues out there. Let's dig in.Yesterday, a CNBC report highlighted some strategies:Blanket 20%...
EIA weekly crude oil inventories +6165K vs -2116K expected
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
AUDUSD tests key resistance cluster as consolidation nears breaking point
AUDUSD technicalsThe AUDUSD is trading near a crucial inflection point as price approaches a key resistance zone between 0.6303 and 0.6319. This area hosts a powerful cluster of technical indicators, including the 100- and 200-bar moving averages on the 4-hour chart...
US February factory orders +0.6% vs +0.5% expected
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Fear is in the air
US equities are down 25 points after the open, which is a halving of futures. The dip buyers have waded in over the past couple trading days as the weak hands are shaken out.I can see the argument for a better or a worse-than-expected announcement today. One thing I'm...
EURUSD is breaking higher. Stocks to open lower. Yields down.
As the clock ticks toward the stock market open, the EURUSD is breaking to the upside. Major US indices in pre-market trading are showing sharp declinesS&P index -59.32 pointsDow industrial average -342 pointsNASDAQ index down -255 pointsTraders will be nervous...
ECB’s Holzmann: Rates are at neutral level, no reason to become accommodative
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
USDCHF trapped in a tight range as moving averages come under pressure
USDCHF technicalsThe USDCHF continues to trade within a well-defined range, with repeated attempts to break above the 0.8840–0.8848 zone (see red-numbered circles on the chart) failing to gain traction. Today’s failed push above resistance has kept sellers active,...
Tesla first quarter deliveries 337K vs 380K consensus
TSLA dailyTesla delivered 336,681 vehicles in the first quarter, according to a company release.The consensus on deliveries was 377-380K but the whisper number was around 355K. Those compared to 386,810 in the first quarter of 2024.Shares of Tesla were down 2.3% prior...
USDCAD wavers as tariff headlines test key support and resistance zones
USDCAD technicalsThe USDCAD extended higher on Tuesday, briefly breaking above the March 20 high at 1.4403 and reaching a peak of 1.4414. However, the rally was short-lived. Headlines suggesting tariffs would be less severe than expected triggered a sharp reversal,...
Tesla will release quarterly delivery numbers at the top of the hour
Today is 'Liberation Day' for Donald Trump and his team but it's also a big one for Elon Musk and the company that made him famous.The consensus on Q1 deliveries is 377-380K and that will be a decline from 386,810 in the first quarter of 2024. The more-bearish...