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Norway will increase gas supplies to the EU

Norway will increase gas supplies to the EU

Europe is looking for alternatives in an effort to wean itself off Russian gas. It has found one in Norway.
Money management – what every trader needs to master? β˜… Premium This content is only available for registered users - sign up for free now

Money management – what every trader needs to master?

The portfolio is profitable not only from successful trades but from the system of how trades are managed.
Is there aΒ potential to rise for BTC and ETH?
BTC
-0.18%

Is there aΒ potential to rise for BTC and ETH?

Daily and weekly timeframes are really interesting in the crypto market now. What are they showing for the biggest cryptocurrencies?

EUR/GBP remains near cycle highs following a barrage of UK/EU data

Volatility has been minimal on Friday, despite several important macroeconomic releases.
Netflix announced another round of staff layoffs
NFLX
5.03%

Netflix announced another round of staff layoffs

Netflix has already laid off 150 employees in May and it looks like it's still not over. Now it has announced the layoff of 300 more.

Trans-Saharan pipeline as an option to get gas to Europe

Algeria, Niger and Nigeria have been discussing the revival of a gas pipeline project across the Sahara that could bring gas to Europe.

Toyota unveils another production cut

Toyota has lowered its July production outlook and announced that it will produce 50,000 fewer cars in July.

GBP/USD erases post-CPI losses, climbs to daily highs

It looks like the GBP has quickly erased today's post-CPI losses as traders are selling the greenback heading into Powell's testimony.

Joe Biden wants to suspend the gasoline tax

US President Joe Biden will today call on Congress to approve a three-month suspension of the federal gasoline tax.

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Forex

EUR/GBP remains near cycle highs following a barrage of UK/EU data

Volatility has been minimal on Friday, despite several important macroeconomic releases.

GBP/USD erases post-CPI losses, climbs to daily highs

It looks like the GBP has quickly erased today's post-CPI losses as traders are selling the greenback heading into Powell's testimony.

USD/CAD slips below 1.30 after domestic data

The double top formation could send the market notably lower in the next days.

USD/JPY soars 2% after dovish BoJ decision

The yen slumped after dovish BoJ decision, while investors gladly bought the USD after this week's correction.

Stocks

Netflix announced another round of staff layoffs
NFLX
5.03%

Netflix announced another round of staff layoffs

Netflix has already laid off 150 employees in May and it looks like it's still not over. Now it has announced the layoff of 300 more.

Toyota unveils another production cut

Toyota has lowered its July production outlook and announced that it will produce 50,000 fewer cars in July.

Airlines are not having a good time

The world's airlines are facing a dual problem caused by a combination of the strong US dollar and high oil prices.

Microchip sector grows fastest in China

The microchip sector is growing faster in China than anywhere else in the world, and Chinese companies are reporting record sales.

Commodities

Norway will increase gas supplies to the EU

Europe is looking for alternatives in an effort to wean itself off Russian gas. It has found one in Norway.

Trans-Saharan pipeline as an option to get gas to Europe

Algeria, Niger and Nigeria have been discussing the revival of a gas pipeline project across the Sahara that could bring gas to Europe.

Joe Biden wants to suspend the gasoline tax

US President Joe Biden will today call on Congress to approve a three-month suspension of the federal gasoline tax.

Why did gold stay in neutral zone after Fed

Fed's monetary decisions were unexpected, but the shock has not come and the price of gold stays in the sidetrend.

Crypto

Is there aΒ potential to rise for BTC and ETH?
BTC
-0.18%

Is there aΒ potential to rise for BTC and ETH?

Daily and weekly timeframes are really interesting in the crypto market now. What are they showing for the biggest cryptocurrencies?
The cryptocurrency “burying season” is here again β˜… Premium This content is only available for registered users - sign up for free now

The cryptocurrency “burying season” is here again

People are burying crypto again. Are cryptocurrencies heading to zero, or is it just part of the cycle?

If Celsius fails, the whole market will follow

Amid all the chaos in the crypto markets, Celsius stopped withdrawals from its clients, causing more uncertainty and fear.

What can happen if BTC holds USD 20k?

20k is ATH from the previous cycle. This level can hold for a while, but what happens after that?

Most common topics

Is there aΒ potential to rise for BTC and ETH?
BTC
-0.18%

Is there aΒ potential to rise for BTC and ETH?

Daily and weekly timeframes are really interesting in the crypto market now. What are they showing for the biggest cryptocurrencies?
The cryptocurrency “burying season” is here again β˜… Premium This content is only available for registered users - sign up for free now

The cryptocurrency “burying season” is here again

People are burying crypto again. Are cryptocurrencies heading to zero, or is it just part of the cycle?

Market Outlook: Bitcoin, Nasdaq & Oil WTI

If you're hesitant about any trading or investment decisions, make sure to check this outlook on Bitcoin, Nasdaq, and WTI Oil.

If Celsius fails, the whole market will follow

Amid all the chaos in the crypto markets, Celsius stopped withdrawals from its clients, causing more uncertainty and fear.

What can happen if BTC holds USD 20k?

20k is ATH from the previous cycle. This level can hold for a while, but what happens after that?

Why did gold stay in neutral zone after Fed

Fed's monetary decisions were unexpected, but the shock has not come and the price of gold stays in the sidetrend.

Higher demand for safe havens after inflation data

The shock from higher-than-expected inflation data sparks higher demand for safe havens as gold's low/high range was +2.91%.

Gold accumulates volume before big macro data

Gold's side move shows the significant accumulation of volume before inflation data at the end of the week.

Gold accumulates volume around support level

Gold breached above resistance level and accumulates volume. Despite this, this month's performance is -2.54%.

Gold breaks downtrend pattern

After a month long downtrend on gold, first disruption occurred. Price went up and left important supports behind.

Joe Biden wants to suspend the gasoline tax

US President Joe Biden will today call on Congress to approve a three-month suspension of the federal gasoline tax.

Airlines are not having a good time

The world's airlines are facing a dual problem caused by a combination of the strong US dollar and high oil prices.

Russia became China’s biggest oil supplier in May

The West doesn't want Russian oil, so exports are going east. Russia's oil imports to China rose 55% year-on-year in May, hitting a record.

Market Outlook: Bitcoin, Nasdaq & Oil WTI

If you're hesitant about any trading or investment decisions, make sure to check this outlook on Bitcoin, Nasdaq, and WTI Oil.

China has significantly reduced exports of gasoline

According to Chinese customs data, May gasoline exports fell by 45.5%. This is a year-on-year drop of almost 93%.

SP500 ticks higher but remains in a bear market

Volatility will likely be low throughout the day, possibly helping the SP500 index to stay in positive territory.

Spotify shares rise on news of podcast growth

Spotify shares gained nearly 6% after its investor day. The rise was mainly due to news regarding the podcast.

Under Armour will be removed from the S&P 500 index

Under Armour Inc. will be removed from the S&P 500 index. It's due to poor corporate results and a not-so-cheerful future outlook.

SP500 returns above 4,000 USD again

It looks like we might see a strong rally as the index has posted a large bottoming pattern.

Bitcoin remains in the range amid surprising event

Bitcoin has not shown a lot in the past week, since it remains in the same range. Yet, it offered a bit of a surprising event. What was it?