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Intel shares could see their best post-earnings performance on record and finally surpass their 2000 closing high amid a “CPU renaissance.”
GBP/JPY advance stalls around 215.70, then retreats to 215.00 as risk appetite deteriorates amid Middle East headlines, leaving traders uncertain about the conflict’s outcome. The cross trades at 215.06 at the time of writing.GBP/JPY Price Forecast: Technical OutlookThe GBP/JPY is consolidating for the second straight day, suggesting that further gains are off the table, with the psychological 216.00 level not yet tested. Worth noting that every upside move towards the latter was rejected, with the 214.00 figure capping downward moves.Momentum is bullish, as depicted by the Relative Strength Index (RSI), though moving gradually towards its 50 neutral level.If GBP/JPY closes…
The government-backed entities are embracing a rival type of credit score.
Tucked outside Birmingham’s city center lies one of the most important jewelry production hubs in the world: the Birmingham Jewellery Quarter. With a history spanning over 250 years, this iconic district has long been synonymous with craftsmanship, innovation and the enduring value of precious metals. Today, while much has changed in the global jewelry industry, the Jewellery Quarter remains a vital part of the supply chain, especially when it comes to gold. A Rich History of Craftsmanship The Birmingham Jewellery Quarter dates back to the 18th century, when skilled artisans began setting up workshops in the area. As the Industrial…
Iran fired on three ships in the Strait of Hormuz and escorted two of them to Iranian waters, the Wall Street Journal reported on Wednesday. The attacks came a day after US President Donald Trump extended a ceasefire while maintaining an American blockade of Iranian ports.Iranian media said the paramilitary Revolutionary Guard was bringing the two ships to Iran, marking a further escalation, though the White House press secretary Karoline Leavitt said the seizures didn’t violate ceasefire terms.Market reactionAt the time of writing, the West Texas Intermediate (WTI) is up 0.35% on the day at $92.25. WTI Oil FAQs WTI…
China has multiple sources of energy imports and it has prepared well for a sustained period of high oil prices. Unlike America.
The NZD/USD pair gathers strength to near 0.5915 during the early European session on Wednesday. The New Zealand Dollar (NZD) edges higher against the US Dollar (USD) after US President Donald Trump says the US is extending the ceasefire with Iran at Pakistan’s request. Trump said on Tuesday that the US is extending the ceasefire with Iran at Pakistan’s request as he waits for a unified proposal from Iran. A White House official confirmed in a statement that US Vice President JD Vance’s trip to Pakistan would not take place on Tuesday.Traders will closely monitor the developments surrounding a second round of…
The focus could be more on Tesla’s story for the future than the numbers in its results.
Brown Brothers Harriman’s (BBH) Elias Haddad reports that NZD is outperforming after hotter-than-expected Q1 Consumer Price Index (CPI), with headline inflation at 3.1% y/y versus the RBNZ’s 2.8% projection. Markets now price 100 bps of hikes to 3.25% over 12 months, but BBH argues contained underlying inflation and spare capacity justify fewer hikes, expecting NZD/USD to hold in a 0.5800–0.6000 near-term range.Market pricing seen too aggressive”New Zealand Q1 inflation ran hot. Headline CPI rose 0.9% q/q (consensus: 0.8%, RBNZ projection: 0.6%) vs. 0.6% in Q4 to be up 3.1% y/y (consensus: 2.9%, RBNZ projection: 2.8%) vs. 3.1% in Q4.””The swaps…
Roth conversions are permanent. Once done, they cannot be undone.