Here’s why the Nikkei 225 Index is slumping as Japan 30-year bond yield jump
The Nikkei 225 Index retreated sharply on Wednesday, reaching its lowest level since August 10 as Japan bond yields soared. It also fell as analysts positioned themselves for the potential…
As the Nike stock implodes, is it safe to buy the dip or sell the rip?
Nike stock continued its strong downward trend, reaching its lowest level since September 2024, as investors remained impatient about its turnaround strategy. NKE dropped to $38.94, down by over 78%…
Nikkei 225 steady as Japan GDP growth slows, yen stages a cautious rebound
The Nikkei 225 Index held steady, reaching its highest level since July 10, even after the weak Japan GDP data. It reacted to the strengthening Japanese yen as traders waited…
Klarna stock has crawled back ahead of earnings: buy, sell, or hold?
Klarna stock has rebounded modestly ever since publishing its financial results in February this year. It has rebounded from the year-to-date low of $12.30 in February to the current $20.68.…
Bloom Energy stock just formed a rare pattern: will it jump to $300 soon?
Bloom Energy stock has rebounded recently, moving from the August low of $157.2 to a high of $248 today. This rebound has coincided with the ongoing rotation back to AI…
USD/JPY forecast as US and BoJ forex intervention backfires
The Japanese yen continued its recent retreat, reaching its lowest level since July 31 as the recent US intervention backfired. The USD/JPY pair rose to 159.43, up by 2.72% from…
Applied Materials earnings preview: will the stock hit $625 or $500?
Applied Materials stock fell for a second consecutive session as traders turned their attention to the company’s upcoming earnings report. AMAT was trading at around $525 on Tuesday, down roughly…
TSX Composite Index outlook ahead of Barrick Gold, Franco-Nevada earnings
The TSX Composite Index has soared this year, even as gold prices have recoiled. It has jumped by 14.35% this year and 30% in the last 12 months, outperforming the…
USD/JPY forecast: Japanese yen outlook as BoJ hints at faster rate hikes
The Japanese yen softened against the US dollar, even after the Bank of Japan (BoJ) flagged rising risks of faster interest rate hikes in the last meeting. The USD/JPY pair…
WTI and Brent oil prices jump as Iran issues demands to reopen Strait of Hormuz
Crude oil prices rose on Hyperliquid as Iran issued a list of demands for reopening of the Strait of Hormuz. WTI perpetual futures jumped to $77.67, while Brent, the global…