Traders are betting the European Central Bank will raise rates above zero this year for the first time since 2012, after a string of hawkish comments from policy makers spurred speculation the bank is priming the market for faster-than-expected monetary tightening.
Citigroup Inc. analysts say the U.S. internet sector is healthy, naming Amazon.com Inc. and Airbnb Inc. among their top stock picks, despite the pressure on technology valuations from the surge in bond yields.
The price of oil spiked to a fresh yearly high ($130.50) in March amid the disruptions caused by the Russia-Ukraine war. Current market conditions may lead to higher crude prices as expectations fo…
The Japanese Yen, which has been weakening rapidly, could see a break as retail traders slowly increase their upside exposure in USD/JPY and AUD/JPY. What are key levels to watch for?
The Chinese Yuan continued to weaken overnight as China’s yield advantage evaporates versus the US as an aggressive Fed path pressures the PBOC. APAC traders are digesting New Zealand inflation dat…
April 19 Reuters IBM expects to hit the top end of its revenue growth forecast for 2022, the company said on Tuesday, even as it flagged a 300 million knock to revenue from the suspension of its business in Russia. Servers from IBM, Dell Technologies Inc and Hewlett Packard Enterprise Co dominate the market in Russia. IBM suspended […]