Market News

Japanese stocks went parabolic on Thursday, helped by the soaring Softbank stock price and the rising possibility of a deal between the United States and Iran. The Nikkei 225 Index jumped to ¥62,836, bringing the year-to-date gains to 16.67%. Why Japan stocks are pumping today  The Nikkei 225 Index and Topix are in a strong… Continue reading Here’s why the Nikkei 225 Index is in a bull run and why it may hit ¥69k soon

Super Micro Computer stock price jumped by over 15% on Wednesday after the company published strong financial results, which showed that its business continued to fire on all cylinders in its third quarter. It jumped to $32, its highest level since March 17, filling the gap it made after a major lawsuit against its founder… Continue reading Here’s why Super Micro Computer stock is pumping today and what next

BT Group share price has done well this year and is now hovering near its highest point since January 2017. It has soared from the pandemic low of 74.8p to the current 220p. This rally may continue in the foreseeable future as the company prepares to release its annual report on May 21. Why the… Continue reading BT Group share price crossed a crucial level: May 21 will be critical

The South African rand continued its strong momentum today, reaching its lowest level since April 22nd as a carry trade opportunity emerged. The USD/ZAR pair dropped to 16.4, down sharply from the year-to-date high of 16.90. Carry trade opportunity strengthens The USD/ZAR exchange rate continued its recent downward trend this week as the carry trade… Continue reading USD/ZAR forecast: South African rand surges as a carry trade emerges

HYPE price continued its recovery this week, helped by the ongoing crypto market rally and the recently launched prediction marketplace. Hyperliquid token was trading at $44 on Wednesday, its highest point since April 19 this year. It has jumped by 115% from its lowest level this year. Hyperliquid launches Polymarket competitor  HYPE price has done… Continue reading HYPE price prediction as Hyperliquid launches Polymarket competitor

IAG share price has come under pressure this year as the ongoing US-Iran war has disrupted its business. It dropped to 366p on Wednesday, down from the year-to-date high of 465p. Focus now shifts to its earnings, which will provide more information on its business during the war. Soaring jet fuel prices are hurting airlines … Continue reading IAG share price is facing turbulence: will earnings help to turn the tide?

The WTI crude oil price dropped to the important support level at $100 on Wednesday after Donald Trump paused the newly launched Project Freedom. It has retreated by 15% from its highest point this year. Similarly, Brent, the global benchmark, fell to $108 from this week’s high of $114. Trump suspends Project Freedom Crude oil… Continue reading WTI crude oil price forecast as Trump suspends Project Freedom

The FTSE 100 Index retreated for four consecutive days as UK government bond yields surged and after HSBC published a weak financial report. It dropped to £10,225 on Tuesday, down sharply from the year-to-date high of £10,935. Soaring UK Gold yields A key reason why the FTSE 100 Index pulled back is that UK bond… Continue reading FTSE 100 Index slips as UK bond yields surge and HSBC earnings miss

The iShares 20-Year Treasury Bond ETF (TLT) dropped sharply on Monday as long-term government bond yields soared. TLT dropped to $84.9, its lowest level since March 27. It remains 5.50% below its highest point in February this year.  TLT ETF drops as US 30-year Treasury yields soar American and foreign investors are selling long-term government… Continue reading TLT ETF stock forecast as Peter Schiff warns on the US 30-Year Bond yields