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Next week will be a much busier one in terms of macroeconomic news out of the UK
The pound has risen back towards the $1.36 level on the US dollar in the past few trading sessions. While this has been largely due to broad weakness in the greenback, domestic factors have also been supportive of sterling. This week’s updated UK PMI figures provide reason for optimism, as the compo
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S&P 500 hits altitude sickness near 6000 as ADP miss casts a cloud over NFP Friday
Altitude sickness U.S. equities coasted to a mixed close on Wednesday, pausing for breath after an extended climb, just as the view got a little foggy. The Dow slipped 92 points to break its four-day winning streak, while the S&P barely moved and the Nasdaq squeezed out a modest 0.32%. But the r
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Lower ECB interest rates are coming: Will mortgage loans become cheaper?
The European Central Bank (ECB) is expected to announce a further interest rate cut on Thursday. The decision has been widely anticipated by the financial markets, motivated by the fact that Eurozone inflation fell to 1.9% in May, below the central bank's target of 2%. But what does this rate cut me
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Palantir (PLTR) Surges Ahead: A New Impulse Cycle Begins After April Correction
Palantir Technologies (PLTR) thrives as demand for data analytics grows. Its stock surged over 140% after Trump's election, reflecting investor confidence. The company holds a $309 billion market cap and $5.43 billion in cash reserves, ensuring financial stability. Moreover, partnerships with Bain &
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An AI & human infused futuristic look at the future
S2N Spotlight I have been working with machine learning, i.e., neural networks and other models, for 20 years. Seven years ago I was a co-founder of an AI university in Ukraine that guaranteed graduates a full-time job at Udata Tech, our AI-focused consulting business. Only top applicants with acade
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MRCS Part A Exam Prep - 12 Month Online Course
Preparing for the MRCS Part A exam can be daunting, especially given the vast scope of content and the competitive nature of the assessment. The MRCS Part A Exam Prep - 12 Month Online Course by MedicsHub is a meticulously crafted resource aimed at helping aspiring surgeons succeed in this challengi
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U.S. market helping drive Silver jewelry demand higher
Silver jewelry demand is on the rise globally, another factor pushing the silver market to its fourth straight supply deficit in 2024. The U.S. market is playing an important role in this trend. Industrial silver demand set a record last year, but despite the increase in offtake, overall silver offt
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Forex Today: Attention turns to May PMI data from major economies
Here is what you need to know on Thursday, May 22: The trading action in financial markets remain relatively quiet early Thursday as investors gear up for preliminary Purchasing Managers Index (PMI) data from Germany, the Eurozone, the UK and the US. The US economic calendar will also feature weekly
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AUD/JPY attracts some sellers to near 93.00, eyes on RBA Press Conference
AUD/JPY softens to around 93.00 in Tuesday’s Asian session, down 0.55% on the day.RBA cut its OCR by 25 bps to 3.85% at the May meeting.BoJ’s Uchida said the central bank will continue to raise interest rates if the economy rebounds from the tariff hit. The AUD/JPY cross faces some selling pressure
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BYD Co. (1211.HK) Emerges from Correction, Resumes Strong Uptrend
About BYD: China's Electric Vehicle Market Leader BYD Company Limited (ticker: 1211.HK on the Hong Kong Stock Exchange) is a Chinese multinational powerhouse based in Shenzhen. Originally a battery manufacturer, BYD has emerged as the world’s leading producer of plug-in electric vehicles, surpassing
