HP Inc. Investors Fret Over Declining Sales

HP Inc (NYSE: HPQ) beat consensus earnings per share by 1.38% in the first quarter of 2023. Despite positive earnings results, the share price was weighed down by declining sales…

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IBEX Retreats as Fears of Rate Hikes Compound

IBEX 35 traders (BME: IBC) sent the index on a slippery slope following a 2% decline from Wednesday’s highs. Higher inflation readings in Germany and France added insult to injury…

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WTI Crude Oil Bulls Ride China’s Economic Rebound Wave

Following higher-than-expected Purchasing Managers Index (PMI) reports from China, commodities, including WTI Crude Oil Futures (NYMEX: CL), picked up steam as bulls traded on the top oil importer’s economic rebound.  …

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EURGBP Gains as Euro Inflation Sticks

The EURGBP currency pair gained 1.38% from the week’s low following a tick-up in inflation in Europe’s two biggest economies, Germany and France. The higher-than-expected inflation rate in Germany and…

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FTSE 100 Kicks Off the Day on a Rebound

Following an uptick in China’s Purchasing Managers Index, the FTSE 100 (LSE: UKX) opened the day with bulls in control. As commodity prices escalated after China’s manufacturing activity surged at…

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EURUSD Bears Lose Their Grip

The EURUSD currency pair gained 0.5%, week-to-date, as bulls recovered some of the pair’s losses from the prior week.   Bulls gained confidence on the back of sticky inflation in France…

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S&P 500 Retrieves Some of Last Week’s Losses

The S&P 500 futures (CME: ES) bulls recovered some of the losses made on the index following a panic selloff from high U.S. inflation readings. Bets on further rate hikes…

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