June 2024 - Page 43 of 240 -

European Stocks Dip As US Market Sentiment Sours

Jun 25, 2024 Jeremy Parkinson Finance, No picture 0

European stocks experienced a downturn on Tuesday, reflecting the negative sentiment from U.S. markets at the beginning of the week.The Stoxx 600 index fell by 0.41% by 11:10 a.m. London time, with various sectors and major bourses showing mixed performances. Market performance and sector divergenceIndustrial stocks were the hardest hit, dropping by 1.84%, whereas household goods […]

Apple Stock Inches Higher As Analysts Bullish On AI For IPhone Upgrade Cycle

Jun 25, 2024 Jeremy Parkinson Finance, No picture 0

Apple’s stock inched higher on Tuesday as analysts predict AI features could drive a longer, stronger iPhone upgrade cycle.Apple Inc. (AAPL) stock saw gains on Tuesday, rising 0.98% to $210.19 when writing, as investors responded positively to a bullish analyst report on the company’s artificial intelligence (AI) prospects.Evercore ISI analyst Amit Daryanani raised the price target for Apple […]

Sensex Today Rallies 712 Points; Nifty Tops 23,700 Mark

Jun 25, 2024 Jeremy Parkinson Finance 0

After opening the day on a positive note, Indian share markets continued the momentum as the session progressed and ended on a firm footing.The equity market in India hit fresh all-time highs in trades on Tuesday led by a strong rally in large-cap private banking shares.At the closing bell, the BSE Sensex stood higher by 712 points […]

Silver Price Forecast: XAG/USD Declines Below $29.40 As US Dollar Rebounds

Jun 25, 2024 Jeremy Parkinson Finance 0

Silver price (XAG/USD) slumps below lower end of Monday’s trading range near $29.40 in Tuesday’s New York session. The white metal faces selling pressure as the US Dollar (USD) has bounced back strongly after correcting on Monday. The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, rebounds from 105.40.The US Dollar recovers as investors […]

3 Crypto Stocks To Buy From Bitcoin’s Long-Term Perspective

Jun 25, 2024 Jeremy Parkinson Finance, No picture 0

Cryptocurrencies have been suffering lately, with Bitcoin (BTC) briefly falling below $60,000 on Jun 24. Although Bitcoin pared some of the losses and was trading just above $61,000, it has declined sharply from its all-time high of $73,750.07 attained on Mar 14.The cryptocurrency is down 6% in the last seven days amid major selling pressure […]

EUR/CAD Price Analysis: Probably Completing A Large Symmetrical Triangle

Jun 25, 2024 Jeremy Parkinson Finance 0

EUR/CAD is completing a Symmetrical Triangle pattern on the weekly price chart, which indicates the pair is poised to break out and move in a volatile directional fashion. EUR/CAD Weekly Chart The bigger picture for EUR/CAD is that the pair bottomed out in 2022 and recovered. From the start of 2023 the pair started consolidating and […]

Caution Ahead

Jun 25, 2024 Jeremy Parkinson Finance 0

S&P 500 premarket spike had been sold into, and prices were taken down courtesy not just of NVDA. Rotations saved the 500-strong index, but another day (that seems to be followed by yet one more just ahead if you plot the QQQ:SPY ratio) more tech underperformance is not what the bulls want to see.The shape […]

EUR/USD Price Analysis: Euro Steadies As French Elections Loom

Jun 25, 2024 Jeremy Parkinson Finance 0

The EUR/USD price analysis turned bullish as the euro firmed against a weak dollar. However, the pair pulled back slightly on Tuesday as political uncertainty continued to pressure the Eurozone currency ahead of elections in France. Investors were also focused on the US presidential debate coming on Thursday. The euro got some relief on Monday as […]

Gold Price Analysis: Gold May Be Poised To Recover Recent Losses

Jun 25, 2024 Jeremy Parkinson Finance 0

Gold price has been hovering around the $2334 per ounce level since yesterday after falling by more than 1% in the previous session, pressured by a strong US dollar and rising bond yields following reports of strong business activity in the United States. Last week, data showed that business activity hit a 26-month high in […]

US Home Prices Hit New Record High, But YoY Appreciation Slows…

Jun 25, 2024 Jeremy Parkinson Finance 0

Home prices in America’s 20 largest cities rose for the 14th straight month in April (according to the latest data from S&P CoreLogic – Case Shiller – data today), up 0.38% MoM (more than the expected 0.3%) leaving pricesz up 7.20% YoY (more than the 7.00% exp), but slightly slower than the 7.46% in March…Source: […]