| Updated: November 9, 2023
The precious metal gold is looking to trade bullish above 1,944 level amid weaker U.S. dollar. The Federal Reserve Chair Jarom Powell is expected to keep policy dovish for the extended period, driving bullish bias the precious metal gold. Check out the gold price forecast video to learn more about it.
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Forex Market: USD/JPY daily trading forecast Yesterday’s trade saw USD/JPY within the range of 124.12-124.80. The pair closed at 124.63, adding 0.23% on a daily basis and following two consecutive trading days of losses.At 7:55 GMT today USD/JPY was up 0.14% for the day to trade at […]
H&M shares drop, company reports huge second-quarter losses
Shares in H&M declined 2% at the beginning of the Monday trading session. This followed the company’s report on second-quarter sales, which dropped 50% after the global shutdown during the pandemic crisis.On Monday, the fashion […]
Apple shares hit a fresh all-time high on Thursday, Chinese iPhone sales surge 18% in December, report states Apple Inc’s (AAPL) iPhone sales in China rose over 18% year-on-year in December to nearly 3.2 million devices, according to data from the China Academy of Information and Communications Technology.Apple shares closed higher for a […]
Major US airlines’ revenue in Q2 2022 exceeds the pre-pandemic levels Despite operational hurdles and decade-high inflation, the airline industry has seen sizable improvement in international travel demand and major air carriers have returned to profitability. Many airlines saw their revenue at levels near or […]
Boeing shares close lower on Tuesday, plane maker nearing final agreement with Embraer, report states According to a Monday report on the website of Brazils newspaper Valor Economico, citing sources familiar with the situation, Boeing Company (BA) and Embraer SA have readied contracts of their proposed partnership and are to present them […]
Microsoft shares touch a fresh all-time high on Wednesday as KeyBanc boosts price target on the stock on cloud and digital potential KeyBanc earlier this week revised up its price target on Microsoft Corp (MSFT) to $141 from $125, as it cited improving confidence in the tech giants cloud and digital strategy. The firm also maintained an "Overweight" rating on the […]