Posts in category Economic Times
Asia stocks edge up on Nvidia hopes, NZ dollar jumps (22-05-2024)
Markets are braced for fireworks when Nvidia reports after the bell, with options priced for a swing of 8.7% in either direction, worth $200 billion in market value.
Fed officials urge patience on timing of initial rate cut (22-05-2024)
The timeline was echoed by Cleveland Fed President Loretta Mester in comments on Tuesday night at an Atlanta Fed conference.
Indian equities traders seek cues from election shadow bets (22-05-2024)
Weeks before vote counting set for June 4, stock markets are closely tracking shadow-betting platforms that are flourishing nationwide, with wagers now suggesting the ruling Bharatiya Janata Party (BJP) will win a slimmer majority than expected.
Bulls beat a path to China stock shop but foreigners dare not go in (22-05-2024)
Share prices have rebounded from multi-year lows in February on signs of more official support. The benchmark Shanghai index has climbed more than 3% since reports of the property rescue surfaced on Thursday, taking its gains to a fifth in 3-1/2 months, though the rally stalled on Tuesday as investors awaited more details on how the funding would work. Hong Kong-listed Chinese shares are up nearly 38%
Positive Breakout:GTPL Hathwayand 8 otherstocks cross above their 200 DMA (22-05-2024)
As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend.
At multi-year highs: These 5 stocks witness 5-year swing high breakout (22-05-2024)
A 5-year swing high represents the highest price a stock has reached within a five-year timeframe.
Gold prices hold steady on Fed rate outlook (22-05-2024)
Gold prices were steady on Wednesday and hovered above key $2,400 level touched earlier this week, supported by safe-haven buying and the prospect of interest rate cuts from the U.S. Federal Reserve later this year.
Oil slips for third session on likely ‘higher for longer’ US rates (22-05-2024)
U.S. crude oil and gasoline inventories rose last week, while distillates fell, according to market sources citing American Petroleum Institute (API) figures on Tuesday.