Quick Look: Gazprom faces its first net loss since 1999 due to
Quick Look: Gazprom faces its first net loss since 1999 due to a sharp 55.6% decrease in EU gas exports. Expansion into China through the Power of Siberia pipeline yields lower revenues because of
Quick Look: EUR/USD faces a pivotal week with key US and EU economic indicators. Resistance and support identified: Resistance at 1.0754, Support at 1.0654. Upcoming US inflation data and central bank decisions are critical for the short-term outlook. The
Quick Look: Bank Of Japan decision led USD/JPY to hit a 34-year high; the FY 2024 growth forecast was revised to 0.8%. April’s 1.8% increase fell short of expectations, impacting inflation outlook and policy. Despite slow Q1 GDP growth,
Quick Look: USD/CHF stabilises with key support and resistance levels noted; potential for a bullish trend on breaking 0.9243. US Fed is likely to maintain rates; Swiss National Bank cut rates, with more cuts expected. The US shows mixed
Quick Look: USD/CAD nears key resistance at 1.36840-1.36860; support at 1.36720-1.36750. This week’s key events include US economic reports, Bank of Canada, and Federal Reserve rate decisions. Oil prices affect CAD; treasury yields and buying interest boost USD. The
Quick Look: Nickel prices hit a seven-month high on the London Metal Exchange and Shanghai. Chinese stockpile reports and a Russian metal ban drive this surge. Tin, aluminium, and zinc prices also saw increases. Meanwhile, lead dipped on both
Quick Look: New sanctions targeting Venezuela’s crude oil sector affect US Gulf Coast supply as Mexico also cuts exports. US spares Iran’s oil industry, focusing sanctions on UAV production; geopolitical tensions could escalate oil prices. A minor increase in
Quick Look: WiSA Technologies’s stock jumped 17.1% following a five-year licensing deal with a top HDTV brand. The deal involves integrating WiSA’s E software in HDTV/PTV products, enhancing audio quality. Despite a previous 59.7% YTD decline, this deal boosts
Quick Look: Gold (XAU) prices rose by Rs 10 per 10 grams, and silver increased by Rs 100 per kilogram in India. Global issues, notably Middle East conflicts, pushed USold to $2,369.93 per ounce. Market sentiment shows that 78%
Quick Look: Gazprom faces its first net loss since 1999 due to a sharp 55.6% decrease in EU gas exports. Expansion into China through the Power of Siberia pipeline yields lower revenues because of reduced pricing power. Gazprom seeks new revenue from gas processing products amid changing global market
Quick Look: Nickel prices hit a seven-month high on the London Metal Exchange and Shanghai. Chinese stockpile reports and a Russian metal ban drive this surge. Tin, aluminium, and zinc prices also saw increases. Meanwhile, lead dipped on both the London and Shanghai exchanges. Nickel Creek Platinum Corp
Quick Look: New sanctions targeting Venezuela’s crude oil sector affect US Gulf Coast supply as Mexico also cuts exports. US spares Iran’s oil industry, focusing sanctions on UAV production; geopolitical tensions could escalate oil prices. A minor increase in Brent and US crude oil prices despite a significant
Quick Look: WiSA Technologies’s stock jumped 17.1% following a five-year licensing deal with a top HDTV brand. The deal involves integrating WiSA’s E software in HDTV/PTV products, enhancing audio quality. Despite a previous 59.7% YTD decline, this deal boosts WiSA’s market position and investor confidence. WiSA Technologies, traded
Quick Look: Gold (XAU) prices rose by Rs 10 per 10 grams, and silver increased by Rs 100 per kilogram in India. Global issues, notably Middle East conflicts, pushed USold to $2,369.93 per ounce. Market sentiment shows that 78% of investors don’t foresee a recession next year. Gold
In its fiscal second quarter spanning January to March 2024, StoneX Group, which owns GAIN Capital, reported a notable 30 percent surge in its forex and contracts for differences (CFDs) revenue, reaching $80.3 million.