Market News

Global energy stocks have pulled back in the past few days as crude oil and natural gas prices slumped, and this trend may continue after Morgan Stanley warned of a global glut. Shell share price plunged to 2,900p on Monday, its lowest level since February, and 20% from the year-to-date high. BP stock fell to… Continue reading BP, Shell, Chevron shares on edge as Morgan Stanley slashes oil forecast

The Japanese yen continued its strong downward trend this week, reaching its lowest level in over 40 years. The USD/JPY crossed the crucial resistance of 162, bringing its 12-month gains to 12.3%.  BoJ prepares response to the weaker yen The USD/JPY pair continued its recent downward trend this week as the US Dollar Index (DXY)… Continue reading USD/JPY signal: forecast as the Japanese yen plunges to 162

The Schwab US Dividend Equity ETF (SCHD) has performed well this year despite trading within a tight range over the past few weeks. Its total return has risen 19% year-to-date, outperforming Invesco’s QQQ, which has returned 15.2%, as well as JPMorgan’s JEPI at 7.0% and Vanguard’s VOO at 7.53%. SCHD ETF inflows have soared this… Continue reading SCHD ETF: Why this ‘anti-AI’ fund is beating the S&P 500 and Nasdaq 100 indices

Top software stocks have slumped this year amid the lingering concerns that artificial intelligence tools by companies like OpenAI and Anthropic will hurt their revenue growth in the long term. ServiceNow (NOW) stock is down by 35% this year, while Salesforce (CRM), Workday (WDAY), and Adobe (ADBE) have fallen by over 40%. NOW, CRM, WDAY,… Continue reading Are NOW, CRM, WDAY, and ADBE stocks bargains after their valuation reset?

Rocket Lab (NASDAQ: RKLB) stock price has suffered a major reversal in the past few weeks, moving from the year-to-date high of $151 on May 27 to $84. This retreat continued even after the company landed a new NASA contract last week. So, is it safe to buy the dip or sell the rip? Rocket… Continue reading Rocket Lab stock stuck above 200 EMA: Is it a buy after the NASA deal?

Rolls-Royce share price has wavered in the past few days as demand for UK stocks has waned. After soaring to a record high of 1,531p last week, it ended the week at 1,406p. Still, a potential catalyst may help push the stock back to a record high. Rolls-Royce is working on a narrow-body engine RR… Continue reading Rolls-Royce share price in focus as it eyes narrow-body engine entry

Russian stocks and the ruble are in a strong downward spiral as pressures on the economy mount amid the ongoing attacks by Ukraine. The USD/RUB pair soared to 78.6860, its highest level since April 8, while the MOEX Index remains in a correction after falling by 10% from its highest point this year.  Russian ruble… Continue reading Here’s why the MOEX Index and Russian ruble are falling

The Nikkei 225 and Topix indices have wavered close to their all-time highs as volatility in the stock market rise. Nikkei ended last week at 69,360, down from the year-to-date high of 72,780, while Topix fell from 4,105 to 3,963. This article explores the top catalysts for Japan stocks this week. Potential BoJ intervention on… Continue reading Top catalysts for Japan’s Nikkei 225 and Topix indices this week

South Korea’s Kospi Composite Index slipped by nearly 2% on Monday morning, driven by the sell-off in SK Hynix and Samsung, rising crude oil prices amid the ongoing US-Iran crisis, and fears of single-stock ETFs. It retreated to 8,255 points, a few points below the year-to-date high of 9,387. Samsung, SK Hynix stocks retreat amid… Continue reading Kospi Index hits key support as Samsung, SK Hynix stocks retreat