Nikkei 225 Consolidates at Yearly Highs

Asian indices ended mixed today as investors closely follow the developments around the Brexit agreement. Confusing headlines over trade deal between China and the USA weigh on investors sentiment. The Hang Seng index finished 0.55% lower at 26,706, the Shanghai Composite ended 1.32% lower at 2,938, while the Singapore Straits [...]

AUDUSD: Bulls Next Target 0.6857

AUDUSD trades 0.07% higher for the third consecutive trading session at 0.6829, as the pair made yesterday a convincing break above the descending trendline which started back in July 2019 and above the 50-day moving average. Investors cheered the Brexit agreement and phase one of the trade deal between US [...]

Forex Focus on Brexit and Central Bankers

Brexit will be on the spotlight for one more day as we have a light European calendar which includes only Eurozone August current account balance at 8:00GMT. Oil traders will focus on Baker Hughes US Oil Rig Count due at 19:00GMT. On the other hand we have a busy central [...]
netflix investingcube

Netflix (NFLX) at Two-Month High on Solid 3Q Results

Shares of Netflix rallied early Thursday, adding over 5% to $300.53 following the 3Q earnings release yesterday after the closing bell. Netflix Inc. (NFLX) reported yesterday 3Q results that pleased investors. The results were solid on top-line while the bottom line was impressive. The company reported a profit of $665.2 [...]
oil prices

Crude Oil Price Pressures Persist on Weak Fundamentals

WTI Crude oil prices are trading 0.71% lower today at $52.98 per barrel, as oil prices search for equilibrium after the dismal macro data from the US that increased investors fears about global slowdown. IMF cut it’s global economic growth to 3% the lowest growth rate since the financial crisis [...]