Phyllis Wangui is a Financial News Editor with extensive knowledge of the forex, stock news, stock market, forex analysis, cryptos and foreign exchange industries.Phyllis is an avid commentator on these topics and loves to share her insights with others through financial publications and social media platforms.
The European Central Bank will make a major policy announcement at 12.15pm, with President Christine Lagarde addressing the press in confirmation immediately afterwards at 12.45pm. The European Central Bank is contemplating a hike in its already-rising benchmark rate leading to… Read More »ECB Predicted To Raise Rate In Bid To Curb Inflation
RBA Interest Hike The Reserve Bank of Australia has made another move to increase the official cash rate today, bringing it up from 3.6 per cent to an 11-month high of 3.85 per cent – the biggest jump since 2022… Read More »Talking Points Pre-Fed, ECB, and RBA Statements
Investors were positively surprised when Meta Platforms Inc. saw a dramatic 11.6% surge in their stock after the social networking giant reported stronger-than-expected profits amid expectations of rising sales growth this year. The company capitalized on skyrocketing net earnings of… Read More »Meta Stock Price Soars as Facebook Predicts Revenue Boost
On Tuesday, investors were rattled as a result of First Republic Bank’s staggering losses – the bank reported their deposits had plummeted by an eye-popping $100 billion in just three months. Consequently, shares tanked 49% on Wall Street. Analysts predict… Read More »First Republican Bank’s stock falls with $100B deposit drop
Wall Street markets ended the day with a modest uptick, as investors eagerly looked ahead to quarterly reports from some of America’s biggest corporations. While the S&P 500 and Dow Jones Industrial Average saw an increase of 0.1% and 0.2%,… Read More »Stocks Exhibit Strength Despite Current Earnings Releases
On Thursday, Tesla (TSLA) investors felt a jolt of pain as the stock plummeted 9.75%, its lowest point since January. The electric vehicle giant saw gross margins dip below 20% for the first time in nearly three years and profit… Read More »Fears of Revenue Hit Tesla Stock, Drops 9% to 3-month Low
Cryptocurrency’s winning streak came to a pause as Bitcoin and others took a dip in price after a surge that exceeded the market’s expectation. Bitcoin BTCUSD +0.05% took a hit as the latest surge in prices stumbled, pushing digital assets… Read More »Bitcoin Stays at $29K-$30K as USD Dominates, Eyes on USD/JPY
Wednesday’s trading on Wall Street was a rollercoaster ride with stocks first soaring, only to later take a sharp dive. Markets were thrown into turmoil with the release of inflation data showing that the rate of consumer price increase had… Read More »Stocks Plummets; Bank of Canada’s Interest Rates Steady
After a two-year hiatus, Bitcoin is back in the headlines with a bang as its value surpasses $30,000 once again. While this is great news for investors, it has also sparked concerns about the potential for rampant market manipulation. Bitcoin… Read More »Bitcoin Surpasses $30,000 Level For First Time in a Year
The eagerly anticipated Non-Farm Employment Change is expected this Good Friday. This crucial parameter measures the job market’s health from the previous month. As one of the leading indicators of consumer spending, job creation holds significant weight for overall economic… Read More »Traders Expectations in Crucial NFP Report