The stocks making the biggest moves in premarket trading include Lordstown Motors, Canopy Growth, Shake Shack, and more.
Bitcoin traders using up to 100-to-1 leverage are driving the wild swings in cryptocurrencies
Bitcoin’s aggressive declines are being driven by much more than regulatory headlines or herd mentality.
Choppiness will dominate stocks, bitcoin and SPACs through next month, market bull predicts
National Securities Art Hogan warns of more near-term turbulence due to inflation fears and stretched valuations.
Robinhood nears its biggest trade of all, an IPO, after wild year
Robinhood turned the brokerage industry on its head by offering zero-fee commissions and is expected to soon go public in a big deal, not without controversy.
Markets are so fixated on inflation they might miss the next big blowup, says BlackRock
BlackRock’s proprietary Geopolitical Risk Indicator has fallen to a four-year low as markets focus more on inflation and the economic recovery than geopolitics.
US Dollar Forecast: Yields, Inflation, Fed Taper Debate Are Key
US Dollar selling pressure prevailed and steered the DXY Index -0.3% lower last week in spite of Fed taper talks growing more heated. Eyes on inflation and yields to gauge where USD heads next.
ForexLive European FX news wrap: Dollar lower, equities buoyed
Forex news from the European trading session – 25 May 2021
Headlines:
Markets:
– NZD leads, JPY lags on the day
– European equities higher; S&P 500 futures up 0.4%
Headlines:
Markets:
– NZD leads, JPY lags on the day
– European equities higher; S&P 500 futures up 0.4%
Bitcoin struggles to gather momentum to move back above $40,000, sits lower on the day
Not much of a technical reprieve for Bitcoin so far
While the declines aren’t extending lower this week, upside momentum has also been rather lacking in Bitcoin – at least in any way that matters from a technical perspective.
While the declines aren’t extending lower this week, upside momentum has also been rather lacking in Bitcoin – at least in any way that matters from a technical perspective.
Dollar keeps lower so far on the session
EUR/USD hovers at its highest levels since January
There was a bout of dollar weakness as European traders entered earlier, helped by the fact that USD/CNH fell below the 6.40 level to its lowest since 2018.
There was a bout of dollar weakness as European traders entered earlier, helped by the fact that USD/CNH fell below the 6.40 level to its lowest since 2018.
UK CBI May retailing reported sales 18 vs 25 expected
Latest data released by UK CBI – 25 May 2021
A bit of a miss on the headline reading and that suggests some slowing in retail sales after the flurry of demand seen in April after lockdown measures were lifted. CBI notes that:
A bit of a miss on the headline reading and that suggests some slowing in retail sales after the flurry of demand seen in April after lockdown measures were lifted. CBI notes that: