• BRIEF-Trek Mining, NewCastle Gold and Anfield Gold combines to create Equinox Gold

    * Trek Mining, NewCastle Gold and Anfield Gold announcebusiness combination to create Equinox Gold
    The post BRIEF-Trek Mining, NewCastle Gold and Anfield Gold combines to create Equinox Gold appeared first on RocketNews | Top News Stories From Around the Globe.
  • Roaring Kitty’s GameStop position worth over $386 million as of Monday morning

    After three years of Reddit silence, the investor known as Roaring Kitty revealed on Sunday evening that he was holding a massive GameStop position. As of market open on Monday, that position would be worth over $386 million.
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    [mwai_chat context=”Let’s have a discussion about this article:nnAfter three years of Reddit silence, the investor known as Roaring Kitty revealed on Sunday evening that he was holding a massive GameStop position
  • ‘The manufacturing side of the economy appears to have stalled,’ ISM says

    A key barometer of U.S. factories fell to a three-month as new orders waned, the cost of raw materials rose and businesses were reluctant to invest due to high borrowing costs.
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    [mwai_chat context=”Let’s have a discussion about this article:nnA key barometer of U.S. factories fell to a three-month as new orders waned, the cost of raw materials rose and businesses were reluctant to invest due to high borrowing costs.nnDiscussion:nn&rdqu
  • Oil prices fall after OPEC+ plans to begin phasing out voluntary cuts in fourth quarter

    Oil futures headed lower on Monday as traders assessed a decision by the OPEC+ to extend cuts by the group into 2025 but to begin unwinding some additional voluntary reductions later this year.
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    [mwai_chat context=”Let’s have a discussion about this article:nnOil futures headed lower on Monday as traders assessed a decision by the OPEC+ to extend cuts by the group into 2025 but to begin unwinding some additional voluntary reductions la
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  • Hertz’s stock sinks as CFO and COO to leave after less than a year in the roles

    Hertz’s stock slid further into record-low territory Monday, after the car-rental company said its chief financial officer was leaving the company, less than a year after taking the job.
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    [mwai_chat context=”Let’s have a discussion about this article:nnHertz’s stock slid further into record-low territory Monday, after the car-rental company said its chief financial officer was leaving the company, less than a year after tak
  • Nio’s stock surges as May deliveries set monthly record

    Nio’s stock charged higher Monday after the China-based electric vehicle maker reported a new monthly record for vehicle deliveries. The company has reported delivery increases for three straight months.
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    [mwai_chat context=”Let’s have a discussion about this article:nnNio’s stock charged higher Monday after the China-based electric vehicle maker reported a new monthly record for vehicle deliveries. The company has reported
  • Yen has to outdo itself. Forecast as of 03.06.2024

    Yen has to outdo itself. Forecast as of 03.06.2024
    A weak yen is an acute pain for the Japanese government and the Bank of Japan. For speculators, this is a great carry trade opportunity. At the same time, the USDJPY may begin to consolidate. Let's talk about this topic and make a trading plan.Weekly fundamental forecast for Japanese yenWhen investors were betting on the USDJPY's uptrend reversal in late 2023, they were anticipating 6-7 fed funds rate cuts and several overnight rate hikes. Five months later, the outlook has changed. The market a
  • Raspberry Pi prices London IPO with up to $688 million valuation

    Raspberry Pi, the U.K. maker of low-cost computers, is expected to be worth up to 540 million pounds ($688 million) when it floats on the London Stock Exchange next week.
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    [mwai_chat context=”Let’s have a discussion about this article:nnRaspberry Pi, the U.K. maker of low-cost computers, is expected to be worth up to 540 million pounds ($688 million) when it floats on the London Stock Exchange next week.nnDiscussion:nn” ai_name=&
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  • Short-term analysis for oil, gold, and EURUSD for 03.06.2024

    Short-term analysis for oil, gold, and EURUSD for 03.06.2024
    I welcome my fellow traders! I have made a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders.Oil price continues to decline.Oil price forecast for today: USCrude analysisOil continues to decline within the short-term bearish trend. Today, the price is testing the Target Zone 77.11 - 76.12. If it breaches this area, the next selling target will be the
  • Dollar: a gorilla in the room. Forecast as of 03.06.2024

    Dollar: a gorilla in the room. Forecast as of 03.06.2024
    The ECB will cut rates in June but then act with an eye on the Fed. The pause may drag on amid accelerating European inflation, which will support the EURUSD. Let’s discuss it and make a trading plan.Weekly fundamental forecast for dollarThe US economy may not be slowing down, but it is certainly not accelerating. Strong data, including consumer confidence, alternate with weak stats. The Chicago Fed Business Activity Index fell to its lowest level in four years. Personal spending and consu
  • Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 03.06.2024

    Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 03.06.2024
    Dear readers,I've prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis.Elliott Wave analysis for BitcoinThe impulse made of subwaves [1]-[2]-[3]-[4]-[5] continues forming in Bitcoin's chart. The subwaves [1]-[2]-[3]-[4] have formed for now. The initial part of the final impulse wave [5] is currently unfolding, with the first small subwaves (1)-(2) already formed. The first subwave (1) may be unfolding as part of wave [5]. Correction 4 is presumably
  • First crewed launch of Boeing’s Starliner spacecraft scrubbed as another delay hits historic mission

    The launch of Boeing Co.’s Starliner was scrubbed just minutes before what would have been the first crewed flight of the spacecraft Saturday, marking the latest in a series of delays for the historic mission.
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    [mwai_chat context=”Let’s have a discussion about this article:nnThe launch of Boeing Co.’s Starliner was scrubbed just minutes before what would have been the first crewed flight of the spacecraft Saturday, marking
  • A $114,000 salary makes you feel poorer than your parents. These 6 metrics show why.

    The GDP of the United States grew by 2.5% last year, the unemployment rate stands at an incredibly low 3.8% and the stock market has rallied to new highs. Yet Americans are frustrated financially and exasperated with the economy.
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    [mwai_chat context=”Let’s have a discussion about this article:nnThe GDP of the United States grew by 2.5% last year, the unemployment rate stands at an incredibly low 3.8% and the stock market has rallied to
  • Want to measure the ‘vibecession’? Start by looking at how much money Americans can save right now.

    “Consumers are not saving less today because they have suddenly stopped caring about the proverbial rainy day; they’re saving less because their paycheck is struggling to keep up with inflation,” one economist said.
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    [mwai_chat context=”Let’s have a discussion about this article:nn“Consumers are not saving less today because they have suddenly stopped caring about the proverbial rainy day; they’re saving l
  • Stock market wobbles, then recovers, as investors digest PCE inflation report

    Investors were trying to balance everything from typical month-end squaring of stock positions to Salesforce Inc.’s revenue guidance on Thursday, Friday’s April PCE inflation print, and even the guilty verdict against former U.S. President Donald Trump.
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    [mwai_chat context=”Let’s have a discussion about this article:nnInvestors were trying to balance everything from typical month-end squaring of stock positions to Salesforc
  • Treasury yields drop in May by most in five months after Fed’s preferred inflation indicator shows some signs of cooling

    Rates on U.S. government debt posted the biggest monthly declines of 2024 on Friday after the monthly core reading from the Federal Reserve’s preferred inflation measure had its slowest increase of this year.
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    [mwai_chat context=”Let’s have a discussion about this article:nnRates on U.S. government debt posted the biggest monthly declines of 2024 on Friday after the monthly core reading from the Federal Reserve’s preferred
  • Why stock-market gains seen after April’s PCE inflation report faded so fast

    Investors were trying to balance everything from typical month-end squaring of stock positions to Salesforce Inc.’s revenue guidance on Thursday, Friday’s April PCE inflation print, and even the guilty verdict against former U.S. President Donald Trump.
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    [mwai_chat context=”Let’s have a discussion about this article:nnInvestors were trying to balance everything from typical month-end squaring of stock positions to Salesforc
  • Trump campaign says it raised $35 million after guilty verdict, nearly doubling its prior record

    Donald Trump’s 2024 presidential campaign said it’s enjoying record success with fundraising after a jury found him guilty on all 34 counts in his Manhattan hush-money case.
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    [mwai_chat context=”Let’s have a discussion about this article:nnDonald Trump’s 2024 presidential campaign said it’s enjoying record success with fundraising after a jury found him guilty on all 34 counts in his Manhatta
  • Moderna wins second product approval with RSV vaccine

    Moderna’s respiratory syncytial virus vaccine for older adults received U.S. regulatory approval, the company said Friday, marking the first time a messenger RNA vaccine has been approved for a disease other than COVID-19.
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    [mwai_chat context=”Let’s have a discussion about this article:nnModerna’s respiratory syncytial virus vaccine for older adults received U.S. regulatory approval, the company said Friday, marking the fir
  • Nvidia 10:1 stock split planned

    Nvidia 10:1 stock split planned
    Dear Clients,We inform you about upcoming changes in the parameters of the #NVDA trading instrument in connection with the split of Nvidia shares.Nvidia's Board of Directors has approved a 10-for-1 stock split of #NVDA, scheduled for June 7, 2024, after the close of trading in the United States.Therefore, the price of #NVDA shares at the time of the split will be reduced by ten times in proportion to the split.If you have open positions on #NVDA, please consider the following:The volume of posit
  • Trump raises $35 million after guilty verdict as donors crash website

    Donald Trump’s 2024 presidential campaign said it’s enjoying record success with fundraising after a jury found him guilty on all 34 counts in his Manhattan hush-money case.
    Article Attribution | Read More at Article Source
    [mwai_chat context=”Let’s have a discussion about this article:nnDonald Trump’s 2024 presidential campaign said it’s enjoying record success with fundraising after a jury found him guilty on all 34 counts in his Manhatta
  • USDJPY Forecast for 2024, 2025-2030 and Beyond

    USDJPY Forecast for 2024, 2025-2030 and Beyond
    The USDJPY is one of the most traded currency pairs in Forex. It's popular with both traders and investors. The pair’s rate is determined by the economic situation in the USA and Japan and by global financial and political developments. Most experts predict the USDJPY will grow soon.This article analyzes the USDJPY pair and expert opinions regarding its exchange rate in the next few years and beyond. These insights will help you develop a profit-yielding trading strategy.Highlights and Key
  • XAUUSD: Elliott wave analysis and forecast for 31.05.24 – 07.06.24

    XAUUSD: Elliott wave analysis and forecast for 31.05.24 – 07.06.24
    Main scenario: consider long positions from corrections above the level of 2277.15 with a target of 2500.00 – 2560.00.Alternative scenario: breakout and consolidation below the level of 2277.15 will allow the pair to continue declining to the levels of 2154.83 – 2019.86.Analysis: a descending correction appears to have formed as the fourth wave (4) of larger degree on the daily chart. The fifth wave (5) is unfolding, with first wave 3 of (5) forming as its part. Apparently, the third
  • Oil prices steady as traders await OPEC+ decision on production cuts

    Oil futures were little changed early Friday, but were on track for their first monthly declines of 2024 as traders fretted over gasoline demand and awaited a weekend decision on production cuts by the Organization of the Petroleum Exporting Countries and its allies.
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    [mwai_chat context=”Let’s have a discussion about this article:nnOil futures were little changed early Friday, but were on track for their first monthly declines of 2024
  • Costco doesn’t raise membership fees, says $1.50 price for hot dogs is safe

    Costco Wholesale Corp. reported fiscal third-quarter profit, revenue and same-store sales that all beat Wall Street forecasts, but shares of the membership-based warehouse retailer pulled back from a record high.
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    [mwai_chat context=”Let’s have a discussion about this article:nnCostco Wholesale Corp. reported fiscal third-quarter profit, revenue and same-store sales that all beat Wall Street forecasts, but shares of the membership-base
  • WTI Crude Oil: Elliott wave analysis and forecast for 31.05.24 – 07.06.24

    WTI Crude Oil: Elliott wave analysis and forecast for 31.05.24 – 07.06.24
    Main scenario: consider short positions from corrections below the level of 87.75 with a target of 67.60 – 57.00.Alternative scenario: breakout and consolidation above the level of 87.75 will allow the asset to continue rising to the levels of 94.00 – 100.00.Analysis: supposedly, a downward correction continues developing as second wave of larger degree (2) on the daily chart, with wave С of (2) unfolding as its part. Apparently, an ascending correction is completed as second w
  • Trump pledges to stop wind energy. Here’s what may be ahead for the sector.

    Presumptive GOP presidential nominee Donald Trump has promised to squelch offshore wind development on his first day back in office with an executive order. Analysts are forecasting what could be ahead for wind energy.
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    [mwai_chat context=”Let’s have a discussion about this article:nnPresumptive GOP presidential nominee Donald Trump has promised to squelch offshore wind development on his first day back in office with an executive orde
  • USDJPY: Elliott wave analysis and forecast for 31.05.24 – 07.06.24

    USDJPY: Elliott wave analysis and forecast for 31.05.24 – 07.06.24
    Main scenario: consider long positions from corrections above the level of 153.45 with a target of 161.50 – 167.00.Alternative scenario: breakout and consolidation below the level of 153.45 will allow the pair to continue declining to the levels of 150.70 – 146.44.Analysis: an ascending wave of larger degree C continues forming on the daily chart, with fifth wave (5) of C unfolding as its part. The third wave 3 of (5) is unfolding on the H4 time frame, with first wave of smaller degr
  • GBPUSD: Elliott wave analysis and forecast for 31.05.24 – 07.06.24

    GBPUSD: Elliott wave analysis and forecast for 31.05.24 – 07.06.24
    Main scenario: consider long positions from corrections above the level of 1.2666 with a target of 1.2910 – 1.3155.Alternative scenario: breakout and consolidation below the level of 1.2666 will allow the pair to continue declining to the levels of 1.2447 – 1.2294.Analysis: the first wave of larger degree (1) is presumably formed, a correction developed as second wave (2), and the ascending third wave (3) started unfolding on the daily chart. On the H4 chart, wave 1 of (3) is formed,
  • Pound may regain lost ground. Forecast as of 31.05.2024

    Pound may regain lost ground. Forecast as of 31.05.2024
    At the end of spring, GBPUSD bulls retreated due to the rising US Treasury yields, but they are not going to give up early. The pound has plenty of trump cards to play. Let's discuss that and make a trading plan for GBPUSD.Weekly fundamental forecast for pound sterlingUnlike previous years when there was a clear Forex favorite, the two G10 currencies continue to go head-to-head in 2024, taking turns to lead the race. A rapid rise in US Treasury yields has returned the leading position

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