TradingKey - On November 2, Eastern Time, memory chip stocks showed divergent performance. Japanese memory chipmaker Kioxia closed down by about 15.8% in the Tokyo market. However, in subsequent U.S. pre-market trading, memory stocks rallied across the board. As of press time, Micron Technology (MU) rose over 2%, SanDisk (SNDK) gained more than 3%, the DRAM ETF (DRAM) jumped over 4%, and SK Hynix (SKHY) climbed nearly 5%.
The Japanese Yen (JPY ) keeps looking for direction, unable to take advantage of a moderate US Dollar (USD) weakness on Monday, as markets brace for the US midterm elections. The USD/JPY keeps hesitating...
EUR/CAD gains over 0.5% after registering modest gains the previous day, trading around 1.5680 during Asian hours on Monday. The currency cross rises as the Euro (EUR) remains stronger following the release of German economic data.
OCBC strategists Sim Moh Siong and Christopher Wong see British Pound (GBP) resilience extending into early 2027, supported by fiscal discipline, upgraded UK growth forecasts and greater political stability.
CoinMarketCap reports — the US Dollar Index has retreated to around 101.5, with bullish momentum easing after a slight rise the previous day. Ongoing diplomatic talks in the Middle East have dampened risk-off demand, weighing on the dollar; however, the September PCE data showed inflationary pressur...
United Overseas Bank strategists Quek Ser Leang and Lee Sue Ann describe USD/JPY as remaining in a range-trading phase, with intraday levels and a broader 157.00–158.60 band guiding price action. While near-term momentum is not decisively bearish, their 1–3 month view highlights a rapid increase in downward momentum, p
There's no getting around it. Google parent Alphabet (GOOG -1.45%) (GOOGL -1.40%) fell short of last quarter's estimates, and the stock took a sizable tumble as a result. Investors are understandably worried...
With midterm elections looming, a Democratic takeover of the House of Representatives, and possibly the Senate, would intensify institutional resistance to Donald Trump’s foreign policy. However, it would be...
Eurozone manufacturing expansion moderated slightly in October, with S&P Global PMI Manufacturing easing from 52.9 to 52.7, extending its run above the 50 threshold to nine consecutive months. The index...
Property prices and construction costs in Croatia have long been among the most discussed topics in both public and private circles. But how much does it really cost to build a home, and is Croatia still cheaper than the rest of Europe? We spoke to Saša Perko, a construction expert and director of
The S&P Global Germany Manufacturing PMI was confirmed at 54.2 in October 2026, the second-highest for almost four-and-a-half years, just behind August's recent peak, and compared to 53.9 in September. The reading pointed to sustained solid growth in production levels, supported by rising export sales. Factory empl
Levels Imp Comment Levels Imp Comment R4 102.95/00**14 Oct YTD high; congestion S1 101.50*break levelR3 102.85**50% ret of 2025-2026 fall S2 101.30*38.2% ret of Aug-Oct...
Euro area industry activity softened slightly in October, with the headline PMI estimate touching a two-month low. The output index slumped further to 52.8 from 53.6 in September, dropping to a four-month low. Overall, it still marks a modest expansion in manufacturing conditions despite slower new order growth and increased supply-chain pressures.
Euro zone manufacturing activity growth held up well in October, albeit easing as new order growth slowed and rising costs from energy and supply-chain disruptions squeezed margins, a survey showed on Monday.The S&P Global Eurozone Manufacturing Purchasing Managers' Index (PMI) dipped to 52.7 last...
The European Central Bank will have to raise interest rates again to prevent high inflation from getting entrenched and markets may be underestimating what is needed to quell price pressures, Slovak central bank chief Peter Kazimir said.The ECB kept rates unchanged last week but a number of policym...
This photo taken on Oct. 19, 2023 shows the People's Bank of China in Beijing, capital of China. (Xinhua/Peng Ziyang)BEIJING, Nov. 2 (Xinhua) -- China's central bank on Monday conducted 541 billion yuan...
The British Pound (GBP) is up against a majority of its currency peers, trading 0.3% higher to near 1.3430 vs. the US Dollar (USD) at the start of the week. The British currency trades higher, while investors keenly await the Bank of England’s (BoE) monetary policy announcement on Thursday.
The Bank of Japan signaled that the shrinking of Japan’s population means that it’s increasingly difficult to achieve robust growth in overall consumer spending, suggesting that weak aggregate consumption by...
India's manufacturing sector recorded another strong expansion in October, though growth moderated slightly from the previous month. The HSBC India Manufacturing Purchasing Managers' Index eased to 54.7 from...
The US dollar has continued to trade at modestly weaker levels overnight after correcting lower at the end of last week. It has resulted in EUR/USD rising back up towards the 1.1200-level. The US dollar has...
Published: 2026-11-02T08:24:41.000Z-Little change, as prices extend cautious/choppy trade around resistance at congestion around 1.3400 and the 1.3450 Fibonacci...
Apollo Global Management has launched a European private credit platform with more than 10 billion euros ($11.2 billion) of lending capacity, backed by several blue-chip investors, including the Abu Dhabi...
The current average refinance rate on a 30-year, fixed-rate home loan is 7.176%, according to Mortgage Research Center data. If you’re a homeowner hoping to refinance your mortgage for a lower rate or perhaps...