AUDUSD Lower On RBA Interest Rate Surprise
AUDUSD is trading lower today after the Australian central bank in a surprising move raised the benchmark interest rates by 25 basis points, below the expectations of a 50 basis points hike.
Tesla Down 8% on Q3 Production Disappointment
Tesla shares are trading 8.42% lower at $242.58 after the production figures published yesterday by the company disappointed analysts and investors.
Credit Suisse Stock Slump on Financial Strength Concerns
Credit Suisse stock is trading 7.11% lower at 3.64 Swiss Francs (CHF) in Zurich Swiss Exchange as investors worry about the financial health of the bank. Credit Suisse officials spend the weekend on phone calls
Nike Drops on High Inventories – Low Margins
Nike NKE drops over 10% in premarket trading after the company reported the first fiscal quarter that disappointed investors due to rising inventories and low margins
USDINR Steady After RBI Interest Rate Hike
USDINR is trading unchanged after the central bank of India (RBI) six-member Monetary Policy Committee delivered the third 50 basis point interest-rate hike in its attempt to battle inflation in the country while targeting to protect the economy
Apple Down 4.8% VP of Procurement Leaves The Company
Apple stock was under pressure for the second consecutive trading session as the sell-off in stocks accelerated across the board. S&P 500 is 2.16% lower at 3,639, Nasdaq is 2.84%
Porsche Stock Enters Markets
Porsche a subsidiary of Volkswagen will start trading free on the Frankfurt Stock Exchange. The first day of trading is September 29 making it one of the biggest IPOs
Eisai and Biogen Present Alzheimer’s Drug Success BIIB and ESALY Rally
Eisai (ESALY) and Biogen Inc. (BIIB) announced that their experimental Alzheimer’s drug slowed the progression of the disease in the latest Phase 3 trial of 1795 patients.
FTX Crypto Exchange to Acquire Voyager Digital’s Assets
FTX US Crypto exchange has secured in an action that lasted two weeks, the winning bid for the assets of crypto lender firm Voyager Digital Ltd
Ethereum breaks Above 1300. What’s Next?
Ethereum (ETH) breaks above the 1300 resistance following a broad rally in the cryptocurrencies sphere. Risk on mood today in global markets
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