Tesla’s stock skyrockets 13 per cent after announcing speedier launch of ‘more affordable’ models
Tesla's stock soared by over 13 per cent in after-hours trading, marking a significant rebound from its lowest point in 15 months.
US Dollar Rattled by Weak PMIs, US GDP and Core PCE Remain this Week’s Key Drivers
The dollar slipped in early US turnover as the latest S&P PMIs miss forecasts and last month’s numbers. Growth and inflation data and US Treasury auctions now on the horizon.
Microsoft Earnings Preview: Can the AI Leader Reignite Excitement in the Tech Sector?
Microsoft Corporation (Nasdaq: MSFT) is scheduled to release its fiscal Q3 2024 earnings on April 25, 2024, after the market closes. What to expect and watch for?
EUR/USD Rises after Shock US PMI Highlights Demand Weakness
EUR/USD received a much needed reprieve from USD dominance after flash PMI data for April highlighted potential concerns for the US. EUR/GBP surrenders recent gains
British Pound Bounces At Downtrend Line, Still Pressured By Rate-Cut Expectations
Sterling scored a little bounce against the Dollar, but monetary policy expectations will continue to make durable gains tough
Gold’s Surge Halted as Risk Appetite Returns, US Economic Data in Focus
The precious metal has lost around 5% of its value since last Friday as risk assets benefit from the current pause in the Israel-Iran conflict
Yen Alert: Suzuki Stresses Trilateral Support Ahead of Golden Week
Massive yen shorts raises the risk of a sharp USD/JPY reversal should authorities intervene in the FX market to strengthen the yen. US PCE a potential catalyst?
THG: Growth continues after strong performance from beauty division
THG, the owners of Cult Beauty and Myprotein, recorded strong revenue growth in the first quarter of 2024
London firms warn inflation is top concern ahead of mayoral election
London businesses are still saying inflation is their top concern ahead of the mayoral election next week.