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Tech stocks push the NASDAQ lower.
Analysis

Tech stocks push the NASDAQ lower.

While banking concerns decreased and US consumers ignored the recent turmoil with higher confidence, higher Yields put the significant tech shares under pressure. Earlier today, the WSJ also reported that the Facebook owner plans to lower bonus pay f...

Author:
Ahura Chalki
Published on: 28.03.2023 19:43 (UTC)
615
Is the pound poised for a long-term rally?
Analysis

Is the pound poised for a long-term rally?

A week after the BoE meeting, while banking concerns are cooling down, BoE's Baily emphasized the need to control inflation—a day ahead of his testimony before parliament on issues related to the collapse of Silicon Valley Bank. In a speech at the Lo...

Author:
Ahura Chalki
Published on: 28.03.2023 18:14 (UTC)
559
Will Shanghai upgrade & Shanghai Pudong Development lift the Ethereum?
Analysis

Will Shanghai upgrade & Shanghai Pudong Development lift the Ethereum?

With more than 46% gain in 2023, ETH proved itself one of the most trusted coins with a brighter future. Several factors can get attention to ETH, including the Shanghai upgrade and Hong Kong trying to become a crypto hub.Shanghai upgrade, supposed t...

Author:
Ahura Chalki
Published on: 27.03.2023 15:22 (UTC)
499
Euro after mixed PMI data!
Analysis

Euro after mixed PMI data!

While the Manufacturing sector still suffers, the service sector growth is strong. According to the data published on Friday, S&P Global's flash rose to 54.1 from 52.0 in February, clearly above the 50 levels, indicating growth and challenging th...

Author:
Ahura Chalki
Published on: 24.03.2023 21:32 (UTC)
428
Wall Street reversed yesterday's loss; what next?
Analysis

Wall Street reversed yesterday's loss; what next?

After digesting data and announcements, investors thought long and concluded that we are close to the end of the rate hike cycle and read it as a positive sign to be happy. The question now is, how long can this optimism last?Fed forecast for the ter...

Author:
Ahura Chalki
Published on: 23.03.2023 19:38 (UTC)
454

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