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NZD/USD signal: forecast as RBNZ hikes rates as New Zealand bond yields jump

NZD/USD signal: forecast as RBNZ hikes rates as New Zealand bond yields jump

The NZD/USD exchange rate continued its strong downward trend, reaching its lowest level since August 13 this year after the Reserve Bank of New Zealand (RBNZ) delivered its interest rate decision. It slumped to 0.5835,

Business
Credo Technology stock: Insider selling meets options market jitters before earnings

Credo Technology stock: Insider selling meets options market jitters before earnings

Credo Technology Group stock has slumped and moved into a bear market after falling by over 24% from its highest point this year. CRDO dropped to $232, and this price action will be put to

Business
Dell stock flags bearish divergence pattern as earnings loom: will it rise or fall?

Dell stock flags bearish divergence pattern as earnings loom: will it rise or fall?

Dell Technologies stock has entered a deep consolidation phase as the momentum from its last earnings beat faded. Over the past three months, price action has stayed contained between the $356 support and $514 resistance

Business
Nikkei 225 Index outlook: top catalysts for Japan stocks this week

Nikkei 225 Index outlook: top catalysts for Japan stocks this week

The Nikkei 225 Index dropped slightly on Monday as investors boosted the odds of Bank of Japan rate hikes after the recent macro data. It dropped to 65,325, down by 10% from its highest point

Business
Hang Seng Index: Top 3 reasons Hong Kong stocks are falling today

Hang Seng Index: Top 3 reasons Hong Kong stocks are falling today

The Hang Seng Index retreated slightly on Monday as geopolitical tensions between the US and Iran rose and after a report showed that China’s economy was struggling. It dropped to 25,402, slightly lower than this

Business
Kospi Index at a crossroads as Samsung, SK Hynix leverage bets reverse

Kospi Index at a crossroads as Samsung, SK Hynix leverage bets reverse

The Kospi Index has come under intense pressure in the past few months as top constituents like Samsung Electronics and SK Hynix lost momentum and as wary South Koreans pare back their leveraged bets. It

Business
Crude oil prices retreat: Brent, WTI slip even as rebound risks persist

Crude oil prices retreat: Brent, WTI slip even as rebound risks persist

Crude oil prices held in a tight range this week as investors focused on the stalemate between the US and Iran. Brent, the global benchmark, ended the week at $88.28 a barrel, while West Texas

Business
Adobe stock analysis: Golden cross pattern takes shape ahead of earnings

Adobe stock analysis: Golden cross pattern takes shape ahead of earnings

Adobe stock continued its strong rally this week, reaching its highest level since February this year. ADBE has soared by 52% from its lowest level this year, and this rally may continue after forming a

Business
Is it a golden opportunity to buy ServiceNow stock as a rare pattern nears?

Is it a golden opportunity to buy ServiceNow stock as a rare pattern nears?

ServiceNow stock has remained in a strong bull run this month, moving to its highest level since January this year. NOW has soared to $138, up by 70% from its lowest level this year. This

Business
IREN stock jumps ahead of earnings as neoclouds cheer Nvidia’s results

IREN stock jumps ahead of earnings as neoclouds cheer Nvidia’s results

IREN stock jumped over 4%, mirroring gains at other neocloud companies like CoreWeave and Nebius following strong Nvidia earnings and guidance. Shares climbed to $43.25, but this rally will be put to the test when