Johnson & Johnson said it sold $502 million of its coronavirus vaccine in the third quarter, in its third-quarter financial statements that beat Wall Street earnings expectations. The company reported adjusted earnings per share of $2.60 per share, versus expectations of $2.35 per share. The company’s revenue came to $23.34 …
Read More »The Dollar Falls With The Rise of Asian Stocks
The safe-haven dollar fell on Tuesday to its lowest level in three weeks against other major currencies amid an improvement in risk appetite, as Asian stocks tracked the rise in US technology shares, and also amid signs that China’s property market problems could be contained. The Australian dollar, which is …
Read More »Gold Rises With The Decline in The Dollar And US Bond Yields
Gold futures fell on Friday, on pace to halt a three-session climb, as Treasury yields and U.S. benchmark stock indexes rose, Gold prices rose on Tuesday, October 19, as the dollar and US Treasury yields fell, providing some support for the precious metal despite the trend of central banks to …
Read More »European Shares Rise on Tech
European shares rose on Tuesday as technology stocks rose, tracking overnight gains from their Wall Street peers, offsetting losses in Swedish and healthcare firms’ Ericsson shares. The pan-European Stoxx 600 index was up 0.1 percent by 0708 GMT, with technology shares gaining 0.7 percent. Telecom equipment maker Ericsson fell 3 …
Read More »Market Drivers – Asian Session 19-10-2021
Japan’s Nikkei index closed higher on Tuesday, boosted by technology heavyweights that tracked the Nasdaq’s gains, even as worries spread ahead of the country’s corporate earnings season that begins next week. The Nikkei index closed up 0.65 percent to 29,215.52 points, and the broader Topix index rose 0.36 percent to …
Read More »Dax Looking For Bullish Momentum
The German DAX index continues to rise after finding a good support level around 15,370, to record its highest level during the previous trading session of 15,550. Today’s technical aspect indicates the possibility of a bullish bias in the coming hours, depending on trading above the published support above, in …
Read More »The Dow Jones is Looking For Extra Momentum
Oil, Crude, trading
Read More »GBP/JPY: Continues to Rise
Positive trading continues to dominate the movements of GBP/JPY within the suggested bullish path, touching our second awaited target at 157.20, recording the highest level at 157.38. On the technical side, by looking at the 60-minute chart, we notice that the RSI continues to provide bullish momentum signals, in addition …
Read More »The Canadian Breaks The Support
The strong resistance level at 1.2400 managed to cap the bullish bias yesterday, which forced the pair to trade negatively again, settling around its lowest level during the morning session, 1.2340. Technically, and with trading below the previously broken support-into-resistance at 1.2390, in addition to the continuation of the negative …
Read More »The British Pound Continues to Advance
Oil, Crude, trading
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