Hot US Nonfarm Payrolls sends stocks lower, MULN declines 2%

Share: Mullen Automotive stock has gained 7% over the past five trading sessions. MULN stock slid 35% in late September as delisting worries continued. Friday’s Nonfarm Payrolls blew expectations out of the water as US hiring exploded. Bulls need to shoot for the 21-day SMA near $0.51. NASDAQ Composite gives up over 1% on

Weak global activity data sends US dollar to six-month high, Aussie skids By Reuters

© Reuters. U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/file photo By Alun John and Brigid Riley TOKYO/LONDON (Reuters) – Jitters about global growth, particularly in China, caused the safe-haven U.S. dollar to hit multi-month highs on the Japanese yen, euro and pound on Tuesday and sent the dollar

Poor Chinese Trade Data Sends Oil Lower

Brent Crude, WTI Oil Analysis Chinese export and import data worsens further, hitting oil markets as global outlook remains vulnerable Brent crude oil heads lower after souring Chinese trade data Brent bulls fail to test big level of resistance at $87 – downside scenarios analysed The analysis in this article makes use of chart patterns

USD/JPY in Turmoil, Rumors of Possible BoJ YCC Tweak Sends Yen Soaring

USD/JPY FORECAST: USD/JPY slumps in late trading, erasing early session gains despite soaring U.S. Treasury yields Media reports that the Bank of Japan could tweak its yield curve control program boosts the yen across the board BoJ will announce its monetary policy decision for its July meeting on Friday (Japan time) Recommended by Diego Colman