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The UN food agency has revealed that due to an annual increase of 14.3% food prices in 2022 hit a high level not seen since 1990.
Samsung has revealed its quarterly results, which have revealed that the company's profits have reached an 8-year low level. The decline in profits has been attributed to a slump in demand.
A poll of Reuters economists has resulted in expectations that inflation in Tokyo is set to reach a new 40-year high level, as core inflation is expected to reach 3.8%.
Reuters has revealed that in 2022 UK equity funds had experienced an outflow of 8.38 billion GBP or $10 billion.
On Thursday, the US Dollar strengthened due to better than expected US Unemployment Claims and ADP Non-Farm Employment data. This resulted in a decline of the price of gold down to the support of the 1,825.00 level. The support was enough to cause a recovery up to the 1,840.00 level. Economic Calendar Analysis On Friday, The United States employment data release at
On Thursday, the US Dollar strengthened due to better than expected US Unemployment Claims and ADP Non-Farm Employment data. The following surge had reached the late December high level zone 134.50. Economic Calendar On Friday, The United States employment data release at 13:30 GMT is highly likely going to impact the US Dollar. Later on, at 15:00 GMT the ISM Services PMI
On Thursday, the US Dollar strengthened due to better than expected US Unemployment Claims and ADP Non-Farm Employment data. By the middle of Friday's trading, the follow up decline had reached below 1.1850 and was located near the weekly S2 simple pivot point's support at 1.1839. Economic Calendar On Friday, The United States employment data release at 13:30 GMT is highly likely
Nikkei has reported that the computer hardware producer Dell intends to phase out Chinese made chips by 2024.
On Thursday, the US Dollar strengthened due to better than expected US Unemployment Claims and ADP Non-Farm Employment data. On the EUR/USD chart it resulted in a decline below the 1.0575/1.0595 zone. By the middle of Friday's trading hours, the pair had reached the 1.0500 mark. Economic Calendar Analysis On Friday, The United States employment data release at 13:30 GMT is highly
On Thursday, the US Dollar strengthened due to better than expected US Unemployment Claims and ADP Non-Farm Employment data. This resulted in a decline of the price of gold down to the support of the 1,825.00 level. The support was enough to cause a recovery up to the 1,840.00 level. A move above 1,840.00 is expected to test the resistance of
On Thursday, the US Dollar strengthened due to better than expected US Unemployment Claims and ADP Non-Farm Employment data. The following surge had reached the late December high level zone 134.50. A move above the resistance zone could be slowed down by the 135.00 and 135.50 levels. Higher above, note the weekly R3 simple pivot point at 135.84. On the other
On Thursday, the US Dollar strengthened due to better than expected US Unemployment Claims and ADP Non-Farm Employment data. By the middle of Friday's trading, the follow up decline had reached below 1.1850 and was located near the weekly S2 simple pivot point's support at 1.1839. If the Pound continues to decline against the US Dollar it might find support in
On Thursday, the US Dollar strengthened due to better than expected US Unemployment Claims and ADP Non-Farm Employment data. On the EUR/USD chart it resulted in a decline below the 1.0575/1.0595 zone. By the middle of Friday's trading hours, the pair had reached the 1.0500 mark. A move below 1.0500 level might look for support in the 1.0450 and 1.0400
The Eurostat CPI Flash Estimate Consumer Price Index has been revealed to be 9.20% year-on-year, compared to the forecast of 9.60%.
The stock price of Guardant Health has suffered a decline of nearly 40.00% due to the revelation in mid-December that the company's latest cancer treatment test showed disappointing results.
The Chief Executive Officer of Amazon Andy Jassy has revealed that the total layoffs at the company are set to reach above 18,000, which is 6.00% of the total workforce of the firm.
The top Apple supplier Foxconn has revealed that on a year-on-year basis its revenue had declined in December by 12.00%
The US Department of Justice has seized $465 million Robinhood shares that have been linked to Sam Bankman-Fried.
The US airline Southwest Airlines is being sued by its customers for failing to provide refunds to stranded passengers during an operation melt down of the airline during the holiday season.
Due to a slowdown in could service and Office suit growth, UBS has announced a downgrade of the Microsoft Corporation stock. The news caused a 5.40% sell off of the stock.
The US tech stocks have continued to trade in the range between the support zone at 10,445.00/10,650.00 and resistance at 11,920.00/12,080.00. In December, the index bounced off the resistance zone and declined to the support. At the start of 2023, it appeared that the support zone had held and the index had recovered to trade near 11,000.00. In the case of a
During the late part of 2022, the price for Bitcoin pierced the support zone at 17,600.00/18,735.00 and the 2020 November low levels. However, support was found in the 15,515.00/15,660.00 range. Afterwards, the pair retraced above 18,000.00 and found resistance. During the holiday period, the crypto traded between one of the November low levels at 16,450.00 and the resistance of
The US automaker General Motors has increased its sales in 2022 by 2.5%, by which the company has outsold the Toyota Motor Corporation.
The conglomerate Amazon has revealed that the company has secured a $8 billion loan with a maturity in 364 days.