Can Tesla Drive Itself Higher?

Tesla, Inc. (NASDAQ: TSLA) saw its share price drive up a monstrous hill, recovering miraculously from the heavy losses the automobile manufacturer suffered in 2022. Bullish momentum re-entered the sold-off…

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Bank of England Hawk Takes Down Flying FTSE 100  

The FTSE 100 (LSE: UKX) was flying high amid hopes that the global inflation story was easing and a pound that continued to weaken. It did not take long for…

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Warm Weather Keeps Natural Gas Bears Out of Hibernation 

Natural Gas futures (NYMEX: NG) burst out of its 22-month low yesterday as bulls were optimistic about the possibility of colder weather in the upcoming days. Weekend temperatures in the…

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IBEX Pauses Just Off 2021 Highs 

IBEX 35 paused its rally slightly off highs last witnessed in mid-2021. The robust US Jobs report renewed expectations of continued rate hikes as inflationary drivers refuse to back down.…

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Brent Crude Futures Stop Downturn Just Shy of 2023 Lows

Brent crude oil futures (NYMEX: BB) took a 3.77% knock after the US released Non-Farm Payrolls, signalling a more robust than you-think US Economy. Traders piled into the US Dollar,…

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UK in Shambles as Pound Falls

Cable pair traders experienced a week of chaos that resulted in a massive pound selloff. Robust US employment data rounded off a forgettable week for the pound that weaker-than-expected Services…

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EURUSD Plagued by Selling Interest on Non-Farm Payroll Release

The battle against inflation seems far from over. With a resilient US job market firmly in place, consumer spending will likely remain too high for the Federal Reserve (Fed) not…

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