Review

S&P 500 is on Course for its Worst One-Week Performance

S&P 500 is on Course for its Worst One-Week Performance It is a good day for U.S. stock futures, as they edged higher on February 26, signaling a muted rebound for the S&P 500. On Thursday, the technology sector dropped by the most since October […]

Oil fell by 0.8% to $66.33 a barrel, led by dollar strength

Oil fell by 0.8% to $66.33 a barrel, led by dollar strength On February 26, oil prices declined as a collapse in bond prices led to gains in the American currency, while crude supply is likely to rise in response to prices back above pre-corona […]

USD/JPY forecast for February 26, 2021

USD/JPY forecast for February 26, 2021 Looking at the chart on the weekly time frame, we can see that this one too now dollar has made big gains against the Japanese yen. Break above moving averages MA20, EMA20, and now break above MA50 directing the […]

Cryptocurrency Exchange Coinbase and a Historical Moment

Cryptocurrency Exchange Coinbase and a Historical Moment Cryptocurrency exchanges are working hard to expand their business activities. This week, an American cryptocurrency exchange Coinbase released an S-1 filing of its direct listing. As a reminder, the company’ public debut has been hotly anticipated thanks to […]

Weekly news summary for February 19 to 25

Weekly news summary for February 19 to 25 Friday, Feb. 19, 2021: Eurozone PMI Slightly Improves in February Europe’s business activity showed a slight improvement in February but remained in contraction as pandemic lockdowns, and curfews in the bloc continued. IHS Markit’s Initial reading of […]

AUD/NZD forecast for February 26, 2021

AUD/NZD forecast for February 26, 2021 Looking at the graph on the weekly time frame, we see that a triangle has been formed on the graphically narrowing space for the maneuver of burning the AUD/NZD pair in the corner. The average movements are indefinite for […]

Is Google enabling Al systems to become sexist or racist? 

Is Google enabling Al systems to become sexist or racist? Google has faced several charges about AI ethics over the years. Another twist in the story became the company’s decision to fire Margaret Mitchell, who until recently was the founder and former co-lead of Google’s […]

Why Tech is Giving Me Jeepers – Watch Out, Gold

Why Tech is Giving Me Jeepers – Watch Out, Gold Powell testimony is over, with markets rejoicing the promise of still accommodative Fed. The value keeps surging overgrowth, and regardless of yesterday‘s great performance, tech has a vulnerable feel to it – semiconductors lead higher, […]

US dollar strengthened after US yield rise

US dollar strengthened after US yield rise The US dollar saw gains on Thursday after US bond yields surged from three-year lows overnight. The bond sell-off has gotten out of control, causing a similar rush in stocks and causing concerns. Stocks supported higher bond yields […]

U.S. retaliates against Iran after the rocket attacks 

U.S. retaliates against Iran after the rocket attacks The U.S. military struck a site in Syria where two Iranian-backed militia groups congregated. They retaliated on Thursday in response to rocket attacks on American forces in the region during the past two weeks. That was the […]