US Market

The European Union plans to initiate an inquiry into the subsidies that China offers its electric vehicle manufacturers.

The tech giant unveiled new products on Tuesday, including the new iPhone 15 and said it is on track to ship its augmented reality headset next year

Watch today’s US Open for insights on the hawkish remarks by the Bank of Japan governor, the hot UK employment report and more

Microsoft Corporation's stock has experienced a recent period of underperformance compared to its counterparts in the technology sector. However, according to analysts from Citi Research, there are reasons to believe that Microsoft's stock is primed for a stronger showing in the coming months.

Tesla retraced to its 61.8% Fibonacci retracement level (blue horizontal line) over July and August. This overlayed with price support (red dashed horizontal line), and the decline was stayed. Since then, TSLA.us has moved higher, with its green 5-week EMA crossing bullishly above its orange 10-year moving average (red circle). Moreover, its weekly RSI has crossed back above 50 (blue rectangle). This is the bullish side of the oscillator and…

Meta Platforms is strategically positioning itself to become a formidable contender within the realm of artificial intelligence. This has ignited investor enthusiasm and bolstered the company's stock performance.

Market mathematics suggests that as the real yield appreciates, pressure is felt by the growth side of the market e.g., NAS100. However, this has not been the case for 2023. On the contrary, the NAS100 had charted an uptrend by the end of January this year, when is completed a higher trough (HT) followed by a higher peak (HP), and continued moving higher, even after the real yield started moving…

The index is having a losing week, reacting negatively to upbeat economic data, since they sustain prospects for further tightening by the US Fed

Watch today’s US Open for insights on BoE governor Bailey dovish testimony, Bank of Canada rate hold after two straight hikes and Wall Street’s negative reaction to strong economic data

Apple is expected to launch its iPhone 15 on 12 September. However, there are headwinds that have clouded the release. Yesterday, the Wall Street Journal reported that China has banned government officials from using iPhones for work purposes. Bloomberg then reported that the ban may be extended to government-backed agencies and state companies.

The FXCM Cannabis Stock Basket has been moving in a downtrend almost since inception. However, the downside momentum seems to be slowing. This is evident by the shift in trendline gradient from the green trendline to the shallower sloped orange trendline. In fact, the basket has positively broken above the orange trendline (black ellipse) in a recent show of strength.