Newsfeeds Archive - Page 143 of 150

2 minute read

VanEck Gold Miners ETF (GDX) Skyrockets To 11-Month Highs: A Stunning 25% YTD Surge As Precious Metals Dazzle

April 13, 4:27 PM

The VanEck Gold Miners ETF (ARCA: GDX), an exchange traded fund that invests in equities of firms operating in the metals and mining, gold, and silver sectors, has risen to levels last seen in early May 2022, driven by big gains in

AEM

3 minute read

5 Stocks To Watch After Thursday’s Inflation, Jobless Data: Why Netflix, 2 Gold Miners Are Moving

By Piero Cingari

April 13, 11:45 AM

Economic figures released at the start of trading on Thursday showed that producer price inflation (PPI) fell by 0.5% in March, below expectations of a flat number, and weekly jobless claims increased more than expected&nb

DIA

2 minute read

EUR/USD Rises To Fresh 1-Year High, Breaks Above 1.10 As Dollar Downtrend Rages On

By Piero Cingari

April 13, 10:20 AM

The EUR/USD pair pushed to its freshest highs in over a year, extending over 1.1050 on Thursday as the release of a falling producer price index inflation data point and

FXE

2 minute read

Jobless Claims Exceed Expectations, Signaling Early Signs Of Cracks In US Labor Market

By Piero Cingari

April 13, 8:52 AM

The U.S. job market continues to show signs of cooling, according to the latest jobless claims data released by the U.S.

SPY

2 minute read

FOMC Minutes Say Additional Hikes ‘Appropriate’: US Banking System Is Sound, Tighter Credit Conditions Are Ahead, In Fed’s View

By Piero Cingari

April 12, 2:37 PM

The SPDR S&P 500 Trust ETF (ARCA: SPY) is volatile Wednesday afternoon after minutes from the Federal Reserve's last meeting showed that officials agreed to keep hiking rates in order to fight inflation, stressing that some additional policy firming may be appropriate to attain a sufficiently restrictive policy stance to

SPY

2 minute read

Oil Hits 18-Week Highs After US Inflation Data Print; Granholm Open To SPR Refills

By Piero Cingari

April 12, 12:30 PM

Oil prices climbed in Wednesday's session, with a barrel of WTI crude reaching $82.50, after the Bureau of Labor Statistics reported lower-than-expected inflation in March and following remarks by the U.S.

USO

2 minute read

5 Economists On March Inflation Data: Will The Fed Pause Interest Rate Hikes After May?

By Piero Cingari

April 12, 10:52 AM

The inflation rate unexpectedly came in at 5% year-over-year in March, down from 6% in February and lower than the 5.2% projected by the Street. It marks the lowest rate of CPI inflation since Ma

SPY

1 minute read

French CAC 40 Index Rockets To New Heights On Luxury Stocks’ Wings As US Inflation Rate Slows

By Piero Cingari

April 12, 9:16 AM

The French CAC 40 stock index, which is tracked by the iShares MSCI France ETF (ARCA: EWQ), reached an all-time high on Wednesday, as U.S.

EWQ

2 minute read

US Inflation Rate Slows More Than Predicted In March: Markets Rally As The End Of Fed Hike Cycle Looms

By Piero Cingari

April 12, 8:45 AM

The SPDR S&P 500 (NYSE: SPY) is volatile Wednesday morning after the Labor Department reported a 5% year-over-year increase in the consumer price index (CPI) for March.

SPY

2 minute read

EXCLUSIVE: Tim Quast Sees Markets’ Long Sentiment Peaking, Predicts Declines Coming Shortly

By Piero Cingari

April 11, 5:17 PM

The founder and CEO of Market Structure Edge, Tim Quast, appeared on Benzinga Premarket Prep earlier this week to provide his thoughts on the markets before the start of the crucial bank earnings season.

BAC