Date Archives

Month: June 2023

Strong US Job Growth in May, Unemployment Rate at 3.7%

June 2, 2023

US job growth outperformed forecasts in May, as the unemployment rate increased to 3.7%. Despite a higher-than-anticipated gain in employment in the United States in...

Hang Seng Weekly Outlook: Technical Analysis

June 2, 2023

HANG SENG WEEKLY SCENARIO HANG SENG TECHNICAL ANALYSIS: WEEKLY CHART In the weekly chart, Hang Seng is trading in the down channel. Hang Seng is...

Dow Futures Rise 165 Points on Nonfarm Payrolls Focus

June 2, 2023

Dow futures advance 165 points as May nonfarm payrolls take center stage In anticipation of the release of the highly awaited monthly jobs data, investors...

Stifel Holds ‘Hold’ Rating on Starbucks

June 2, 2023

Stifel Analyst Maintains ‘Hold’ Rating on Starbucks (NASDAQ: SBUX) with $117.00 Price Target. Introduction: Starbucks Corporation (NASDAQ: SBUX) has recently been evaluated by an analyst...

OPEC Uncertainty Caps Oil Gains

June 2, 2023

OPEC uncertainty limits gains as oil increases on optimism about the debt ceiling. FUNDAMENTAL OVERVIEW Despite concern ahead of an OPEC meeting this weekend, oil...

Apple (NASDAQ: AAPL) Receives Overweight Rating

June 2, 2023

Apple (NASDAQ: AAPL) Receives Overweight Rating from Morgan Stanley Analyst with a $190.00 Price Target. Introduction: Apple Inc. (NASDAQ: AAPL) continues to draw attention from...

Stock Market Soars on Debt Progress and Positive Data

June 2, 2023

Stock Market Surges to Nine-Month Highs on Debt Ceiling Progress and Positive Economic Data. Introduction: The S&P 500 index and Nasdaq Composite reached their highest...

FTSE 100: Weekly Downtrend Continues

June 2, 2023

FTSE 100 INDEX: WEEKLY SCENARIO FTSE 100 INDEX Technical Analysis: Weekly Chart In the weekly charts, FTSE 100 INDEX was trading in an up channel....

EURCAD: Weekly Downtrend Persists

June 2, 2023

EURCAD: WEEKLY SCENARIO EURCAD Technical Analysis: Weekly Chart In the weekly charts, EURCAD was trading in an up channel. EURCAD is currently trading above all...

GBP/USD Technical Analysis: Weekly Chart Reveals Key Insights

June 1, 2023

GBP/USD TECHNICAL ANALYSIS: WEEKLY CHART In the weekly chart, GBP/USD is trading in up channel. GBP/USD is currently trading above all SMA. RSI is in...

Debt Deal Approved, S&P 500 Futures Steady

June 1, 2023

After the House adopts the debt package, the S&P 500 futures are little modified to begin trading in June. After the U.S. House approved a...

USD/JPY Surges to 140.00 Region on Broad USD Strength

June 1, 2023

Prior to US data, USD/JPY surges to the 140.00 region due to widespread USD strength FUNDAMENTAL OVERVIEW The USD/JPY pair makes a strong recovery from...

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