China’s exports grew 4.8% year-on-year in May, but the headline figure masks a deeper slump in shipments to the United States, which plunged by 34.5% — the steepest fall since the early days of the pandemic in February 2020. The latest trade data released by China’s General Administration of Customs…
The Dow Jones, Nasdaq 100, and S&P 500 indices have moved sideways in the past few weeks as the recent momentum stalled. The S&P 500 Index is stuck at $6,000, its highest point since February 24, and 24% above its lowest point this year. Similarly, the Nasdaq 100 Index has moved…
The Hang Seng Index jumped by over 1% on Monday morning as traders looked forward to the upcoming talks between China and the United States. The blue-chip index rose to H$24,135, a 6.4% increase from th lowest point last week and 25% above the lowest level in April.China and the…
The Nikkei 225 Index rallied by over 1% on Monday after Japan published weak GDP numbers and as traders remained optimistic about the upcoming US and China trade talks. It jumped to a high of ￥38,137, up by over 23% from its lowest level in April, meaning it is in…
The Zimbabwe ZiG currency has remained under pressure this year despite some bullish tailwinds for the economy. The official USD/ZWG exchange rate was listed at 27.6 by the central bank, while the black market rate stood at 40. This performance marks a major deterioration for a currency that started trading at…
Crypto prices held steady on Monday morning as investors eyed the upcoming US and China trade talks and the US consumer inflation data. Bitcoin price was trading at $105,500, while the market capitalization of all tokens stood at $3.3 trillion. This article provides a forecast for top tokens like Quant…
Joby Aviation stock price has been in the spotlight in the past few days after it raised money from Toyota. It also jumped on Friday after the Trump administration announced measures to unleash the drone dominance, including in the eVTOL space. JOBY was trading at $8.12 on Friday, up by 63%…
Lloyds share price has jumped this year, helped by its strong dividend growth and its performance. LLOY was trading at 76.45p on Monday, down from the year-to-date high of $78.95. It has jumped by over 50% from its lowest point this year. This article provides a forecast for the stock.Lloyds…
Stitch Fix stock price has jumped in the past few weeks as investors bought the dip despite its business facing major challenges. SFIX shares will be in the spotlight on Tuesday when the company publishes its financial results.Stitch Fix business has faced major challengesStitch Fix is an e-commerce company that…
Adobe stock price has moved sideways in the past few days as investors wait for its earnings, which will shed more color on its progress on artificial intelligence. ADBE was trading at $415 on Friday, up by 25% from its lowest point this year. Adobe earnings aheadAdobe, the company behind popular…