Lloyds share price forms a bearish flag as bank earnings starts
Lloyds share price has lost momentum in the past few months and formed a bearish pattern that may push it downwards soon. It dropped from last year’s high of 63.40p…
Barclays share price forms risky patterns ahead of earnings season
Barclays share price has moved sideways in the past few weeks. BARC peaked, formed a double-top pattern at 272.90 in December, and dropped to 263p today. It has rallied by…
GBP/USD analysis: Here’s why the pound could crash to 1.2000
The GBP/USD exchange rate stabilized on Wednesday after the UK published encouraging consumer inflation data. It rose slightly for the third consecutive day to trade at 1.2200, up slightly from…
GE Vernova stock is expensive: is GEV still a good buy?
GE Vernova stock price soared to a record high this week after a positive statement from Bank of America analysts who boosted their outlook. GEV soared to a high of…
Biden forgives student loans for 150,000 borrowers, total reaches 5M
The Biden administration has taken another significant step in addressing the United States’ mounting student debt crisis, announcing $4.2 billion in relief for over 150,000 borrowers. This latest relief brings…
Parker Hannifin, 3M and six other manufacturing stocks likely to grow in 2025
Despite the US economy showing resilience with strong GDP growth, manufacturing stocks have lagged behind broader market indices, but analysts believe the sector is poised for a turnaround in 2025.…
US stocks edge higher as traders eye inflation data and earnings season kickoff
Wall Street saw a modest uptick on Tuesday as investors turned their focus to upcoming US inflation data following a better-than-expected producer price index (PPI) report. The Dow Jones Industrial…
South Korea’s Yoon Suk Yeol detained in dramatic operation
In an unprecedented move, South Korea’s impeached president, Yoon Suk Yeol, was detained on Wednesday morning at his presidential residence in Seoul becoming the first sitting South Korean leader to…
Gold inches above $2,700/oz: can prices keep upside momentum?
Gold prices inched above the $2,700 per ounce mark on Wednesday again as traders remained focused on the release of the US CPI inflation data. A milder US dollar also…
