US index futures and European markets ride high since opening this morning. Sovereign bonds climbed and oil prices swing. EQUITY MARKETS REBOUND AHEAD OF KEY US MACRO DATA Macroeconomics will play a decisive role in today’s financial market business, in addition to the Russia-Ukraine war. The US employment report and the ISM Manufacturing Index will provide a testament to the health of the US...
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CUTERA RECEIVES FDA’S 501(K) CLEARANCE FOR AVICLEAR IN ACNE Cutera Inc. (NASDAQ: CUTR) jumped 20.41% on Friday after announcing that it had received FDA’s 5190(k) clearance for AviClear. AviClear is the only and first energy-based gadget that has been granted this designation for mild, moderate, and chronic acne treatment. It is a laser treatment offering a safer and prescription-free...
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The weekend arrives with equity investors scrambling to lift key indicators from the US and Europe. After a negative opening, both European stocks and US index futures were trying to stay in positive territory. Still, the direction is uncertain and dependent on a dubious scenario. To adjust their exposure to financial markets, investors carefully watch news about the Russian sanctions and the...
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GAMESTOP RALLIES AS PART OF “MEME STOCKS” SURGE GameStop Corp (NYSE: GME) was up 30.72%, although there was no company-specific news release or regulatory filings driving up the stock, and it seems external factors might be at play. The surge seems to be driven by a broader rally of “meme stocks.” According to Quiver Quantitative data, there has been an increase in discussions regarding...
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BONDS BOUNCE BACK AND MARKETS TAKE A HIT Equity markets almost all operate lower, while sovereign bonds, which were on the path of record losses, recovered. In recent sessions, signs of a stronger-than-expected monetary tightening weighed mainly on the bond market. However, US Treasury premiums with a 10-year term dropped to 2.37% recently, after reaching maximums that had not been seen since...
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About $3.5 trillion of stock and index options expire today in the US; Japan and Russia keep interest rates unchanged and oil remains higher Friday comes with the prospect of a new wave of volatility, this time boosted by the expiration of futures and options on indices and stocks in the United States. The lack of clarity on the evolution of talks between Russia and Ukraine adds caution and...
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