Business news

EUR/USD forecast: signal as C&H pattern points to a surge
April 09, 2025 07:55 PM AEST| By InvezzThe EUR/USD exchange rate continued its strong uptrend as global risks rose. It jumped to a high of 1.1087, its highest swing since April 4. It has soared by over 8.3% from the lowest point this year as focus shifts to the upcoming US consumer inflat...

US soybean market rattled as China strikes with fresh tariffs
April 09, 2025 07:11 PM AEST| By InvezzThe imposition of higher tariffs on US soybeans by importing countries could have a significant impact on the overall demand for this commodity. This decrease in demand could result from increased costs for importers, leading them to seek alter...

Trade tensions, oversupply likely to keep oil market in bear territory, experts say
April 09, 2025 07:07 PM AEST| By InvezzOil prices experienced a sharp decline as trade tensions between China and the US escalated. Prices reached a four-year low on Wednesday, marking its worst five-day losing streak in three years. “The main negative factor is concerns about a global re...

JEPI ETF put to the ultimate test: is it beating VOO and SPY?
April 09, 2025 07:02 PM AEST| By InvezzPopular boomer candy ETFs like the JPMorgan Equity Premium Income ETF (JEPI) are in the spotlight this year as the stock market goes through turmoil. Most stocks have crashed, with the S&P 500 index nearing a bear market, where an asset tumbles b...

Lululemom stock faces a double whammy: $130 target in sight
April 09, 2025 06:00 PM AEST| By InvezzLululemon stock price has imploded this year as Wall Street remains concerned about its growth trajectory and tariff risks. LULU has collapsed for three consecutive weeks and has moved to its lowest level since September 9. It has dropped by over 41%...

Why analysts are betting on Richemont and Hermes stocks as Trump tariffs take sheen off the luxury sector
April 09, 2025 05:45 PM AEST| By InvezzThe global luxury industry is bracing for its longest downturn in more than two decades, as Donald Trump’s sweeping new tariffs fuel concerns of a worldwide recession. Hopes that affluent Americans might prop up the struggling sector are fading...

PepeX thrives as Binance CEO Richard Teng says tariffs could boost Bitcoin demand
April 09, 2025 05:26 PM AEST| By InvezzDigital assets exhibit significant bearishness, as the latest Trump tariff waves triggered massive crypto liquidations. As fear dominated the sector, Binance CEO Richard Teng weighed in on the escalating trade tensions and their effect on the cryptoc...

Is Deliveroo's Future in the Food Industry Grim?
April 09, 2025 04:24 PM AEST| By Team Kalkine MediaHighlights,Food delivery enterprise sees mixed trading performance,Internal restructuring and market pressures under review,Operational strategy emphasizes digital platform enhancements,Deliveroo (OTC:DROOF) operates in the competitive food delivery...

Nio stock price resilient to trade war, yet crash to $1.12 likely
April 09, 2025 04:02 PM AEST| By InvezzNio stock price has retreated this week and is nearing its all-time low even as rumors of a potential transaction remain. It has dropped in the last four consecutive weeks, and is at its lowest level since May 20th. It is one of the worst-performing...

Are Jones Soda and WestRock Coffee in a Slump?
April 09, 2025 03:22 PM AEST| By Team Kalkine MediaHighlights,Internal portfolio reconfigurations impact beverage companies.,Market activity reveals adjustments in trading within the beverage sector.,Emphasis centers on operational stability in competitive consumer markets.,Jones Soda (OTC:JSDA) and...

Antofagasta CEO warns trade war threatens copper demand but sees tech growth as a lifeline
April 09, 2025 03:31 AM AEST| By InvezzThe escalating US-China trade war is raising alarms across global industries, and copper is no exception. Ivan Arriagada, CEO of Chile’s Antofagasta, recently warned that rising tariffs could have a long-term negative impact on copper demand, posing...

How China’s dominance in rare earths threatens Europe’s green energy goals
April 09, 2025 02:29 AM AEST| By InvezzEurope will likely only be able to produce a small portion of the rare earths it requires for electric vehicles and wind turbines, primarily due to inexpensive competition from China, the leading producer, Reuters reported on Tuesday. In recent years...

Analysts see ‘enhanced buying opportunity’ as Apple rebounds but struggles to stabilize
April 09, 2025 01:58 AM AEST| By InvezzApple shares staged a rebound on Tuesday, after days of relentless selling that saw the tech giant’s market value tumble by $638 billion as investors appeared to take solace in hints of potential trade negotiations that could ease the tension. The st...

Brazil’s public sector debt rises to 76.2% of GDP as interest burden grows
April 09, 2025 01:51 AM AEST| By InvezzBrazil’s public sector gross debt climbed sharply to 76.2% of GDP in February, up from 75.7% in January, according to data released by the central bank on Tuesday. The rise underscores the country’s growing challenges in managing its debt amid...

Why US operators could be forced to bring down oil production growth
April 08, 2025 10:04 PM AEST| By InvezzThe sell-off in the crude oil market is expected to bring down the pace of US production growth, according to Rystad Energy. Global stock markets plummeted to their second-lowest point since 2020 following US President Donald Trump’s Apri...

Cardano and Ethereum prices remain on edge as Bitcoin Pepe surges
April 08, 2025 08:41 PM AEST| By InvezzCrypto majors and altcoins alike have been on a downtrend in recent months amid Trump’s aggressive trade policy. With a fear level of 24, buyers remain hesitant to place big bets on their preferred tokens. Even so, fresh projects like Bitcoin Pepe ha...

How Australia is gaining advantage in beef market amid US-China trade war
April 08, 2025 08:03 PM AEST| By InvezzLast week, when US President Donald Trump declared tariffs on imports from numerous countries, he specifically mentioned Australian beef. He expressed his understanding of Australia’s ban on US beef due to mad cow disease concerns, “...

Hang Seng Index has collapsed. Here’s why it may rebound soon
April 08, 2025 08:03 PM AEST| By InvezzThe Hang Seng Index remains under pressure this week as investors focus on the ongoing trade war between the United States and China. After peaking at $24,855 on March 19, the blue-chip index has plunged to a low of H$20,000, its lowest level since F...

Levi’s guidance does not factor in tariffs, but the impact could be huge
April 08, 2025 06:06 PM AEST| By InvezzLevi Strauss & Co (NYSE: LEVI) shares are gaining after the jeans company said it was leaving its guidance unchanged for the full year. But there’s a caveat: its outlook includes “no impact from the proposed tariffs”, which could be a majo...

Top 3 crypto tokens to buy the dip in and turn $500 to $1000 by May
April 08, 2025 04:08 PM AEST| By InvezzBitcoin and most crypto tokens remain in a deep bear market after crashing by double digits from their all-time highs. BTC has crashed from the all-time high of $109,200 in January to the current $79,400. Other tokens like Ethereum, Solana, and Carda...