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Monday, June 10, 2024

European Markets Wrap-Up | What is a stock split and how does it work?

What is a stock split and how does it work?

Nvidia will start trading today around 120$ after the 10:1 stock split. Let's see what is a stock split and how it works. In order to increase the share's liquidity and make it more affordable, a corp... 

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ECB's Nagel: We must be cautious about future rate moves

Rates are on a mountain ridge, not a peak We still have to find the right point for a further descent We must remain cautious Uncertainty about future economic and price trend remains high The languag... 

EURUSD Technical Analysis – The strong US NFP sends the pair lower

Fundamental Overview The USD came back with a vengeance last Friday following the strong US NFP report where the data surprised with solid job and wage growth. There were also negatives like the uptic... 

Gold Technical Analysis – The price is near a key support zone

Fundamental Overview Gold had a really bad Friday last week as it suffered one of its worst days in several months. The reason for the selloff was due to two strong catalysts. The first one hit in the... 

Eurozone June Sentix investor confidence 0.3 vs -1.8 expected

Prior -3.6 That's the eighth straight month that euro area investor morale sees an improvement. This time, being more than estimated as well. The expectations index also saw a rise, up from 7.8 in May... 

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FX option expiries for 10 June 10am New York cut

There is just one to take note of on the day, as highlighted in bold . That being for EUR/USD at the 1.0775 level. It's not one that holds any technical significance, so I wouldn't attach too much imp... 

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