Tag: market
CHF/JPY Price Forecast Update – October 17, 2024
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The CHF/JPY pair has confirmed the end of its corrective bullish phase, closing consistently below the 174.30 barrier. This has led to the formation...
EUR/USD Price Forecast Update – October 17, 2024
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The EUR/USD pair is gradually declining from the $1.0880 level, reinforcing expectations of a continued bearish trend throughout the day. The path appears clear...
UK Stocks Hold Steady Ahead of ECB Rate Decision; Rentokil Offsets Ex-Dividend Pressures
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UK stock indexes remained stable on Thursday as investors prepared for the European Central Bank's (ECB) interest rate decision. Rentokil's performance helped mitigate losses...
Stocks to Watch on Thursday
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1. Taiwan Semiconductor Manufacturing Company (TSM) Direction: 📈 (Up) Details: TSMC, the world's largest contract chip maker, reported record net profit for the last quarter. U.S.-traded...
Nvidia, Chip Stocks Rally After TSMC’s Blowout Earnings
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Chip stocks surged on Thursday, buoyed by a stellar earnings report from Taiwan Semiconductor Manufacturing Company (TSMC), the world's leading producer of advanced chips....
European Markets Higher as Banks Lead Gains Ahead of ECB Rate Decision; Nokia Shares Down 4%
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European markets opened positively on Thursday morning, with traders keenly awaiting the upcoming monetary policy decision from the European Central Bank (ECB). Here’s a...
What is the UK’s Equivalent of the Stock Market?
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The stock market plays a crucial role in the global financial landscape, acting as a platform for companies to raise capital and for investors...
AMD and Intel Join Forces Amid Slumping Semiconductor Stocks Following ASML Outlook
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BELLEVUE, Washington — In a strategic move to bolster their positions in the semiconductor market, American chipmakers AMD and Intel announced a partnership on...
Asian Chip Stocks Decline Following ASML’s Weak Sales Forecast; TSMC Earnings on the Horizon
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Asian chipmaking stocks experienced a downturn on Wednesday, following a lackluster sales forecast for 2025 from industry leader ASML. Market attention is now shifting...
European Stocks Decline Amid Weak Earnings; Pound Weakens on Inflation Data: Markets Wrap
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European equities declined on Wednesday as disappointing earnings from the luxury sector fueled concerns about the profit outlook for the semiconductor industry. The British...
What Does Brent Stand For?
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Brent crude oil is one of the most significant benchmarks in the global oil market, widely recognized for its pricing and its role as...
Which Crude Oil is the Best in the World?
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Crude oil is a vital commodity in the global economy, powering industries, fueling transportation, and serving as a raw material for countless products. However,...