New Zealand Dollar Forecast: Technical Posture Improves – Setups for NZD/JPY, NZD/USD
The Kiwi may be on the precipice of a more significant turn higher.
Danish CB Raises Key Interest Rate in Wake of ECB Hike
COPENHAGEN, July 21 Reuters Denmark39;s central bank raised its key interest rate by 0.5 percentage points to minus 0.1 on Thursday, following a rate hike earlier in the day by the European Central Bank ECB. The interest rate increase is a consequence of the increase by the European Central Bank of its main monetary policy […]
British Pound Technical Forecast: GBP/USD Recovery – Fed Face-off
Sterling’s rebound off support is now eyeing yearly downtrend resistance- battle lines drawn ahead of the Fed. Levels that matter on the GBP/USD weekly technical chart.
Crude Oil Price Forecast: Make or Break Time as Triangle Apex Nears – What’s Next?
Crude oil prices are at a critical juncture.
Gold Price Forecast: Gold Test of Key Support Leads to Resistance Rally
Gold prices put in their first green week since early-June after running into a major spot of support. But, price has already started to test resistance and this week’s economic calendar is loaded.
US Dollar Technical Analysis: DXY Retracing into First Support Test
The DXY continues to pull back from multi-year highs, with the first test of trend support coming into play; levels and lines to watch.
Lonzas FirstHalf Core EBITDA Gains 16.5
July 21 Reuters Swiss drug contract manufacturer Lonza said firsthalf core earnings gained 16.5 on strong demand from biopharmaceutical companies. Firsthalf core earnings adjusted for interest, tax, depreciation and amortisation EBITDA rose to 987 million Swiss francs 1.02 billion, it said in a statement on Friday, beating an analyst consensus of about 940 million francs. For […]
Mattel Earnings Race Ahead, Hot Wheels Dodges Inflation Drag
July 21 Reuters Parents continued to buy Mattel Inc39;s action figures and Hot Wheels cars for their kids even though the toys got pricier, helping the company trump quarterly results estimates on Thursday. Rival Hasbro Inc had also notched a robust second quarter, as demand for toys has so far withstood the decadeshigh inflation that has forced […]
Amazon Strikes 3.5B Deal for One Medical
July 21 Reuters Amazon.com Inc on Thursday agreed to buy primary care provider One Medical for 3.49 billion, expanding the ecommerce giant39;s virtual healthcare and adding brickandmortar doctors39; offices for the first time. The allcash deal would combine two relatively small players as Amazon continues a yearslong march into U.S. healthcare, seeking to grow at a faster […]
BNP Paribas Global Head of Prime Services Leaves
LONDON, July 22 Reuters BNP Paribas39; global head of prime services Ashley Wilson has resigned, the bank confirmed late on Thursday in response to a Reuters report. BNP Paribas would like to extend our thanks and best wishes to Ashley Wilson as he pursues opportunities outside of the bank, a spokesperson for the French lender said. […]