DocuSign stock crashes as Wall Street bank slashes target by 50%
DocuSign stock price dropped by nearly 6% on Friday after Citi analysts downgraded it and other popular software companies. DOCU has now plunged from the all-time high of $324 in…
Brent crude oil price set for rebound as US-Iran talks end without a deal
Brent crude oil price will be in the spotlight on Monday after talks between the United States and Iran failed to achieve a deal, raising the possibility that the ceasefire…
Dow Jones falls 260 points, indexes mixed as Iran tensions, CPI weigh
US stocks closed mixed on Friday, with the Dow Jones Industrial Average and S&P 500 ending lower while the Nasdaq Composite posted gains, as investors remained cautious ahead of the…
Sezzle stock crashes after director’s exit, but a bullish pattern is forming
Sezzle stock has remained inside a narrow range since August last year when it plunged after releasing its weak results. It was trading at $60.68 on Friday, down by 67%…
FTSE 100 futures surge as Europe eyes higher open amid Iran tensions
European stock markets were poised to open higher on Friday, extending the cautious rebound seen in Asia, though sentiment remained fragile as investors monitored strains in the truce between the…
USD/ZAR forecast: South African rand surges as rising wedge activates
The South African rand has staged a strong comeback this week after the US and Iran’s ceasefire agreement that may ultimately lead to lower oil prices in the country. The…
Japan stocks pull record $18.6B foreign inflow after 3-week selloff
Foreign investors poured a record 2.96 trillion yen ($18.65 billion) into Tokyo-listed shares in the week ended April 4, reversing three straight weeks of selling as easing geopolitical tensions and fiscal year-end trading…
Hang Seng Index at risk as US-Iran ceasefire risks remain
The Hang Seng Index staged a cautious recovery this week as the United States and Iran announced a ceasefire that reduced the ongoing tensions. It formed a gap up to…
Mideast conflict splits power markets; Japan, Korea most exposed
The Middle East conflict is fracturing global power markets, driving dramatically different outcomes worldwide based largely on each region’s generation mix and reliance on fuel imports. “Asia spot LNG prices…
What next for the soaring Nikkei 225 Index and the falling USD/JPY?
Japanese stocks and the yen surged on Wednesday as investors cheered the temporary ceasefire between the United States and Iran. The USD/JPY pair fell to 158.45, its lowest level since…