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S&P 500 Index Hits a Fresh Record, Nikkei 225 and ASX 200 Open Flat

Posted by By 27/04/2021Posted inForex
The S&P 500 index hit a fresh record amid strong earnings. Tesla dropped during after-hours trading despite upbeat profits in Q1. Asia-Pacific markets are poised for a mixed start on…
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SPACs Continue to Shine as Super Group Holding Co. Prepares to Go Public

Posted by By 27/04/2021Posted inForex
Super Group, the parent company of Betway and Spin, is set to trade on the NYSE following a $4.75 billion merger with Sports Entertainment Acquisition Corp.
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New Zealand Dollar May Rise, Copper Price Outlook Hones in on All-Time High

Posted by By 26/04/2021Posted inForex
The New Zealand Dollar rose against the US Dollar, with copper futures closing at the highest since 2011. Ahead, the Japanese Yen is eyeing the Bank of Japan after a…
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Crypto Latest: Tesla Bitcoin Sales Show $101-Million Gain, Ripple Surges

Posted by By 26/04/2021Posted inForex
Cryptocurrencies are soaring today with XRP/USD surging 20% and BTC/USD gaining 10% on the session. Bitcoin credibility may improve as Tesla earnings show a $101-million gain on digital asset sales.
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Nasdaq 100 Update: Tesla Earnings and Inflation Fears Jockey for Price Control

Posted by By 26/04/2021Posted inForex
The Nasdaq 100 lurched higher to start the week ahead of a string of scheduled event risk. Tesla earnings began the wave of reports expected of big-tech companies while other…
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AUD/USD Still on Track to Negate H&S Formation Ahead of Australia CPI

Posted by By 26/04/2021Posted inForex
AUD/USD may stay on track to negate the head-and-shoulders formation from earlier this year as the exchange rate comes up against the monthly high (0.7816).
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Tesla (TSLA), Amazon (AMZN), FOMC Highlight a Big Week for US Markets

Posted by By 26/04/2021Posted inForex
It's a big week for global markets, and the US in particular. Stocks are strong, the US Dollar is weak and the Fed is on the docket. Buckle up.
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Euro Stoxx 50 Trades At 13 Year High as Bund Yields Consolidate Near Pandemic Highs

Posted by By 26/04/2021Posted inForex
The Euro Stoxx 50 index has continued to grind higher in 2021, rising above 4,000 for the first time since early 2008. German Bund Yields remain around the levels hit…
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USD/CAD Rate Forecast: March Low on Radar Amid Search for Support

Posted by By 26/04/2021Posted inForex
The March low (1.2365) sits on the radar for USD/CAD ahead of the Federal Reserve interest rate decision as the exchange rate searches for support.
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Markets Week Ahead: EUR/USD, Nasdaq, Gold, Fed, Earnings, GDP & Inflation

Posted by By 26/04/2021Posted inForex
Markets look ripe for volatility next week. What are EUR/USD, Nasdaq, and gold traders watching out for with the Fed decision, equity earnings, and release of GDP and inflation data…
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