Category Market Updates

After four days of losses, AUD/USD is rising firmly higher on Tuesday after the RBA raised interest rates by 25 basis points to 0.35%. This marks the first interest rate rise from the Australian central bank since November 2010.

DAX => The index falls to 13900 AUD/USD => The aussie falls to 0.7050 USD/JPY => The pair rises above 130.00 DAX looks to German retail sales The DAX fell 0.3% across last week as fear of stagflation rose, marking…

Yesterday Gold managed to finish mildly higher following dismal US GDP data. The US economy contracted for the first time since 2020. The shock contraction pulled the USD off 5-year highs, lifting the precious metal. Even so, Gold prices trade -2% so far this week after falling 2.2% across last week.

Apple is due to report Q2 earnings after the US close today. The earnings come as the share price trades down 14% from its all-time high, reached in January, and expectations are for the growth outlook to moderate on supply chain disruption and slowing iPhone demand.

Meta => The stock 50% lower this year Spotify => The stock trades around its all-time low EUR/USD => The pair falls a 2-year low Meta Q1 earnings preview Meta, the owner of Facebook, Instagram, and WhatsApp, is due to…

Big tech earnings kick off today in earnest. Google parent company Alphabet is due to report Q1 earnings after the closing bell today.

GDAX => The index tumbles towards 13900 Coca-Cola => The stock trades 10% higher this year GBP/USD => The pair falls below 1.28 DAX falls, German IFO business sentiment due The DAX closed 0.15% lower across the previous week after…

GBP/USD => The pound falls to 1.3020 American Express => The stock trades 13% higher this year Oil => The commodity falls to $102 GBP/USD awaits retail sales, PMIs. GBP/USD fell 0.3% in the previous session as central bankers were…

Nasdaq => The stock index rises to 14100 Gold => The commodity slips to $1950 EUR/GBP => The pair steadies at 0.83 Nasdaq rises after Netflix inspired drop The Nasdaq closed over 1.2% lower on Wednesday, dragged down by weakness…

Tesla => The stock trades above $1000 AUD/JPY => The pair rises above 95.00 DAX => The index rises to 14200 Tesla Q1 earnings preview Tesla Q1 earnings are due to be announced after the market closes today. Tesla has already…