Share: Mullen stock has lost 22.1% over the past month, 4.7% over past five sessions. New agreement announced with Shoshoni Native American Tribe. Majority-owned Bollinger Motors receives $3 million grant from Michigan. Market awaits August 3 shareholder meeting for further news. Mullen Automotive (MULN) stock is around 5.0% lower on Friday, trading in
Oil -1 to 529 rigs Gas -3 to 128 Oil and gas drillings have been falling for weeks in a true sign of producer discipline. $80 oil could change that though. Today WTI is down $0.47 to $79.62. This article was written by Adam Button at www.forexlive.com. لینک منبع : هوشمند نیوز
EUR/USD: Not hawks anymore, not doves yet ● The past week was filled with both events and the release of macroeconomic data. Regarding the Federal Reserve meeting on July 26 and the European Central Bank meeting on July 27, there were no surprises in terms of key interest rate hikes. In both cases, they were
Share: The pair stands rose nearly to 150.00 after four consecutive days of losses. USD/JPY surrendered earlier gains after the BOJ’s Monetary Policy Statement reaffirmed its ultra-loose policy. Core PCE from the US retreated to 4.1% YoY in June, fueling a decrease in US yields. At the time of writing, the USD/JPY pair is
Today’s May Canadian GDP report met expectations at +0.3% but the advance estimate for June was -0.2%. With that, CIBC calculates that growth in the quarter is tracking close to 1.0%, less than the 1.5% assumed in the latest Bank of Canada estimates. Some of that was due to a drag from forest fires and
Share: More central bank decisions await in the coming week, with live meetings at the Reserve Bank of Australia and the Bank of England. US data will remain in the spotlight with key employment data, including Nonfarm Payrolls. Canada and New Zealand will also release job market data. Eurostat will release inflation and
The S&P 500 has pared its intraday gain to 28 points, or about half of what it was a few hours ago. There’s no correlation with USD/JPY today as BOJ-inspired flows dominate instead. That pair is at the highs of US trading, up 147 pips to 104.91. For US stocks, a fall into the opening
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Former ECB VP Vitor Constâncio today highlighted the latest survey for processional forecasters and highlighted that it showed Q4 inflation around 3% and 2% in 2024. “No need for more hikes,” he wrote. Lately he has been noting signs of an economic slowdown, including falling lending and declining economic sentiment. لینک منبع : هوشمند نیوز
Share: USD/MXN printed a fresh cycle low on Friday of 16.62 and is poised to close a 1.70% weekly loss. Core US CPI retreated to 4.1% YoY in June. Falling US yields limit the Greenback’s advance as markets start to place bets on the September meeting. On Friday, the USD/MXN pair fell to
