Nintendo Stock Tumbles 5.84% Amid Switch 2 Launch Delay
Nintendo's stock fell by 5.84% in Japan after reports of the Switch 2 launch delay.
The anticipated…
EURUSD Forecast: Ranging Between 1.07750-1.07900
During the Asian trading session, EURUSD moved in the 1.07750-1.07900 range.
During the Asian trading…
Recession Hits Japan, U.K.; Eurozone Growth at 0.8%
Japan and the U.K. officially enter recession, with economies shrinking for two consecutive quarters.…
Oil Slips: Brent -0.5%, WTI -0.6% Amid Demand Woes
Brent crude and WTI experienced slight declines, with a 0.5% and 0.6% drop respectively.
The IEA adjusts…
Sony's Gaming Forecast: A Strategic Pivot Amidst Challenges
Sony revises PlayStation 5 sales forecast to 21 million units from 25 million.
The fiscal year…
Global Oil Dynamics: Brent & WTI Surge: $82.93 and $77.98
Oil prices climbed as OPEC maintains a strong demand growth forecast for 2024 and 2025.
U.S.…
U.S. January CPI Leap: 3.1% Annually Surpasses Forecasts
The CPI rose by 0.3% month-over-month and 3.1% annually in January, surpassing expectations.
Core…
Russia's Growth Forecast Doubles to 2.6%
The IMF has significantly upgraded Russia's economic growth forecast to 2.6% from a previous 1.1%.
Despite this…
Oil Prices Swing: 6.3% Rise Nearly Erases 7% Loss
Recent weeks saw oil prices swing dramatically, with a 6.3% gain in WTI nearly offsetting the prior week's 7%…
USDCHF Forecast: Will We Retreat Below 0.87400 Level?
USDCHF moved in an upward consolidation this week from 0.86700 to 0.87622 levels.
In the first part of…
European Markets Edge Up 0.1% Amid Mixed Earnings
European Stoxx 600 sees a slight increase, up 0.1%, with varied sector performance.
Maersk shares drop 11%…
German Industrial Output Dips 1.6%, Defying Forecasts
German industrial production fell 1.6% in December, a steeper decline than the 0.4% analysts' forecast.…
Oil Prices Edge Up Brent Hits $78.97, WTI at $73.72
Brent crude futures rose 0.5% to $78.97, while U.S. WTI climbed 0.6% to $73.72.
U.S. oil production…