WIKIFX REPORT: Will Amadeus IT Stock Make Another Push Higher?
Amadeus IT Group SA has risen higher in 8 of those 11 years over the subsequent 52-week period, corresponding to a historical accuracy of 72.73%. Looking at the technical picture of the Amadeus IT Group SA (BME: AMS) stock on our 4-hour chart we can see that, today, the share price managed to overcome a short-term tentative downside resistance line taken from the high of May 30th.
WIKIFX REPORT: Waiting For The Fraport AG Stock To Exit The Range
Looking at the technical picture of the Fraport AG (ETR: FRA) stock on our daily chart, we can see that from around the beginning of March, the share price is trading in a range, roughly between the 45.50 and 55.12 levels. Before entering the range, the prevailing trend was to the downside. The price is currently closer to the lower bound of that range, meaning that there is a good chance to see a breakout lower. That said, as long as the stock continues to stay inside that range, we will keep a neutral approach.
WIKIFX REPORT: US-Russia Trade War: Market Impact and Possible Outcomes
The Russia-Ukraine conflict has triggered turmoil in the financial markets, and drastically increased uncertainty about the recovery of the global economy. As Russia continues to wage war on neighbouring Ukraine, there’s a second war front that’s been wreaking havoc on the markets and will probably continue to do so even after the much-anticipated end of the war in Ukraine. The financial war unravels on a global scale and involves hefty tariffs, import and travel bans, and asset seizures between the West and Russia.
WIKIFX REPORT: U.S. oil output rises 1.7% June to highest since April 2020
U.S. crude oil production rose in June by 1.7% to its highest since April 2020, according to a monthly report from the U.S. Energy Information Administration on Wednesday last week
WIKIFX REPORT: This week we expect the PMI
The Service PMI release is published monthly by Markit Economics. The data are based on surveys of over 400 executives in private sector service companies.
WIKIFX REPORT: SNAP or PINS: Which social media stock is better buy now?
In the past two decades, social media has exploded in popularity, with billions of active users around the globe. This rapid growth would be thanks to the convenience it brings its users in staying connected with one another. What’s more, the industry continues to innovate, bringing new features to connect and entertain users in new ways. At the same time, social media stocks continue to garner plenty of attention nowadays.
WIKIFX REPORT: Oil settles up more than 4% on prospect of OPEC+ supply cut
Let's look at the quote below: “Why do we fall sir? So that we can learn to pick ourselves up.” – Alfred
WIKIFX REPORT: Oil falling sharply last week
Oil has dropped sharply this week, with fears of a sharp global economic slowdown and its potential impact on demand appearing to move front, it is down more than 6% so far in August, and the Federal Reserve remains committed to a tighter policy to stifle inflation.
WIKIFX REPORT: NFP Day
The Nonfarm Payrolls (NFP) are among the biggest market movers in the Forex markets and probably the most-watched Forex news item, together with central bank events or interest rate decisions.
WIKIFX REPORT: Microsoft vs Meta Platforms: Who will Rule the Metaverse?
Meta, formerly known as Facebook, even went so far as to change its company name to reflect this new focus. The Metaverse has gone from an idea, to a trend to the next big technology frontier in the span of a couple of years. Amongst the craze surrounding this new digital world come different subplots that are as interesting as the Metaverse itself. One of the most interesting stories emerging from the Metaverse’s meteoric rise is how traditional powerhouses such as Microsoft will fare against Meta platforms such as Facebook. In business terms, which company will rule the Metaverse and how will this reflect on its market value?
Mohicans markets：The Market Awaits Signals From the U.S. Market
On Tuesday, September 6, spot gold was trading lower in Asian trading, turning into a bullish trend and approaching the first support at 1716.76; spot silver held steady above the pivoting point at 18.18, with primary support at 18.50; WTI crude oil was testing the pivoting point at 88.90, and once briefly broke the first support at 88.48, so we need to pay attention to its post-market direction choice.
Mohicans markets：Pay attention to the RBA resolution Focus on the U.S. PMI data in August
On Monday, September 5, spot gold was caught in a range-bound oscillation, fluctuating by $8, eventually closing up 0.15% at $1,710.62 per ounce; spot silver erased some of its gains, eventually closing up 1.16% at $18.16 per ounce. The U.S. dollar index rose and fell, gaining and losing the 110 mark, giving back most of the day's gains, eventually closing up 0.182% at 109.83.
WIKIFX REPORT: Microsoft Surpasses Earnings Expectations: What Can We Expect From MSFT?
Microsoft gave an encouraging sales forecast for the current fiscal year, soothing fears that the strong US dollar and a weakening economy would ravage sales. Microsoft Corp. (MSFT) has posted robust profit and revenue growth in recent years, including amid the global pandemic. But a strong U.S. dollar and unusually high inflation are curbing Microsoft's growth outlook. In early June, the company lowered guidance for fiscal Q4, which ended June 30.
WIKIFX REPORT: Gold price back to near $1700: Will the metal bounce back?
If the metal breaks below the $1700, the slump will quickly extend toward the $1680/70 mark. The gold price came close to hitting $1700 in the past 12 hours. The reason for such significant weakening was created by the substantial strengthening of the US dollar and the sharp rise in interest rates around the world. Especially the US central bank, which is pursuing an aggressive monetary policy to get inflation under control.
WIKIFX REPORT: Ford(F) hits a new 52-week low: Is Ford stock a bargain buy?
Ford (NYSE:F) shares hit another-week low last week, despite high demand for both its EVs and traditional gas-powered cars. The stock has taken a hit in the recent downturn and plunged from $25 to almost near $10 per share since January 2022. The ongoing shortage of semiconductors also caused solid bearish momentum. However, I believe the Ford shares are now an absolute bargain for patient investors.
GemForex - weekly analysis
The Week Ahead – A escalating energy crisis, and UK's next PM
WIKIFX REPORT: EURUSD: Is the bottom nearby?
The Currency Pair EUR/USD is the shortened term for the euro against U.S. dollar pair, or cross for the currencies of the European Union (EU) and the United States (USD). The euro slumped to a fresh two-decade low of 0.9900 against the US dollar on Tuesday as the latest surge in European gas prices added to worries about a recession. European gas prices break the $3,000 mark this week after Gazprom's announcement of unscheduled maintenance at the Nord Stream 1 pipeline at the end of this month.
WIKIFX REPORT: European markets open much lower
European markets opened significantly lower on Thursday, alongside Asian shares and US futures, as fear continues to dominate.
Saxo Bank's Volume Falls For The Third Month In A Row To $311.8 Billion
Saxo Bank, a Danish FX and CFD trading services provider, reported a decrease in total monthly volume for the third consecutive month in August.
Week Ahead – Top 3 Market Events Author – Connor Woods, Senior Market Analyst Date: September 5th – September 9th
Last week’s Non-Farm U.S Payrolls provided a mixed bag for traders. With a new week beginning today, traders look to Federal Reserve speak, as well as an important European report. Find out all the main talking points in our week ahead article!