Euro Index and Yen: The Yen stopped its bullish run
At the beginning of this morning’s EU session, the euro index retreated to 1045.2, forming a new weekly low. This week’s high of the yen index was formed at the 736.2 level. Euro index chart analysisAt the beginning of this morning’s EU
AI Shares Drop: US and Asian Markets at a Decline
Table of ContentsToggleInvestors’ sell-off of technology stocks, particularly in the AI sector, caused sharp declines in Asian and US financial markets.On Wednesday, New York trading saw the S&P 500 drop 2.3%, the tech-heavy Nasdaq fall 3.6%, and the Dow Jones
Why an indicator that has foretold almost every recession doesn’t seem to be working anymore
Wall Street’s favorite recession signal started flashing red in 2022 and hasn’t stopped — and thus far has been wrong every step of the way. The yield on the 10-year Treasury note has been lower
Renewable energy demand could triple as electricity consumption surges
Renewable energy demand will triple over the next seven years as data center growth accelerates to facilitate the proliferation of artificial intelligence, NextEra Energy CEO John Ketchum said Wednesday. NextEra added 3,000 megawatts of renewable
USDCAD and USDCNH: USDCAD rises unstoppably above 1.38
During this morning’s Asian trading session, USDCAD continued its previous bullish consolidation. Today, we watched USDCNH fall to the 7.20285 level, where a new weekly low was formed. USDCAD chart analysisDuring this morning’s Asian trading session, USDCAD continued its previous bullish consolidation.
Election News: Obama’s Support of Kamala Harris
Table of ContentsToggleVice President Kamala Harris has solidified her position as the prospective future of the Democratic Party since being embraced by Biden on Sunday. Additionally, she had already secured enough votes from the major party to win the nomination,
Nifty and German 40: Nifty is still on the defensive
This morning, we observed a new bearish gap in the Nifty index, down to the 24200.00 support level. Since Tuesday, the German 40 index has been in retreat. Nifty chart analysisThis morning, we observed a new bearish gap in the Nifty index,
EURGBP and EURCHF: EURCHF is sinking deeper and deeper
During this morning’s Asian trading session, EURGBP initiated a strong bullish consolidation from the 0.83970 level. During this morning’s Asian trading session, EURCHF continued yesterday’s bearish trend, dropping to a new weekly low at the 0.95244 level. EURGBP chart analysisDuring this morning’s
Why almost everyone assumes Kamala Harris has to pick a White man as VP
As soon as it became clear that Vice President Harris was going to emerge as the likely Democratic presidential nominee, a certain knowing joke emerged almost simultaneously on social media: images of
Democrats hope bad polls were a Biden problem, not a policy problem
For almost six months, Democrats struggled with a strange paradox in which President Biden lagged behind in critical states while their Senate candidates built clear leads in those same battlegrounds. Even after Biden’s