AUD/JPY breaks high after hawkish RBA shift, 113.22 next

    Fragmented Markets Signal Bet Against “Forever War” Scenario

    The global market reaction to the escalating conflict in the Middle East remains remarkably fragmented. U.S. equities successfully staged a “buy-the-dip” recovery overnight after an initial selloff. Both S&P 500 and NASDAQ closed with modest gains. In contrast, Asian markets told a darker story. South Korea’s Kospi tumbled nearly -5% as it caught up with…

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      Pep Guardiola may face major setback as Manchester City’s Rodri Hernandez reportedly draws LaLiga transfer interest

      Manchester City have managed to remain in top form as one of the best teams in England. While Arsenal currently hold the Premier League lead, the Citizens are closely chasing them and remain active in the Champions League. Nonetheless, Pep Guardiola could face a significant setback as Rodri Hernández is reportedly attracting the attention of…

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        Tuesday’s ETF with Unusual Volume: GXPD

        The Global X PureCap MSCI Consumer Discretionary ETF is seeing unusually high volume in afternoon trading Tuesday, with over 753,000 shares traded versus three month average volume of about 45,000. Shares of GXPD were down about 1.7% on the day. Components of that ETF with the highest volume on Tuesday were Ford Motor, trading off…

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          Why NuScale Power Stock Is Powering Down Today

          It may have taken a day to fully sink in, or maybe it took a day for investors to find the news. It’s clear, though, that they got the memo. Analysts have taken a more bearish stance on NuScale Power (SMR 3.45%) stock, and investors are selling shares in response. The general market downturn amid…

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            World Cup winner with France Marcel Desailly backs Vinicius after Real Madrid star’s Champions League controversy

            The move to the Champions League quarterfinals wasn’t easy for Real Madrid. Benfica was an important rival in a match that became more dramatic because of Vinicius’ controversy, in which he claimed he was discriminated against by Gianluca Prestianni. Marcel Desailly, a World Cup winner with France, backed the winger. In the context of the…

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              Brazilian Real Weakness Weighs on Coffee Prices

              Coffee beans in canvas sack by Bragin Alexey via Shutterstock May arabica coffee (KCK26) on Tuesday closed down -1.45 (-0.51%), and May ICE robusta coffee (RMK26) closed down -67 (-1.78%). Coffee prices gave up an early advance on Tuesday and settled lower, with arabica falling from a 1-week high and robusta sliding from a 2-week…

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