New York (CNN Business)Peloton formally unveiled its high-priced new rowing machine Tuesday. But the company is still facing rough currents as it struggles to find its way into more friendly stock market waters. Shares of Peloton (PTON) are down a staggering 70% this year. Co-founders John Foley and

Is spread betting halal? – Forex by Islamic laws Is spread betting halal or not? Is Forex trading halal? Before answering these questions, we will see what represents spread betting in trading. Spread in trading jargon stands for the difference between the bid and ask price (stock price, currency pa

Retailers have been among the names lifting the FTSE 100 to a new multi-month high, while the dollar has been bolstered by some good jobs data. FTSE 100 soars to new eight-month high “The FTSE 100 ended 2022 as one of the best-performing indices, and it has started 2023 well too. Today has seen reta

European stocks closed on a buoyant note on Wednesday as easing concerns about inflation triggered hectic buying at several counters from across various sectors. A measure of French inflation unexpectedly slowed in December and the euro area's final composite PMI saw a slight upward revision versus

Indonesia's inflation increased unexpectedly in December and remained above Bank Indonesia's target as food prices continued to rise at stronger rates, data from the statistics bureau showed on Monday. The consumer price index rose 5.51 percent year-on-year in December, following a 5.42 percent incr

European stocks ended the final session of Year 2022 on a very weak note as fears about a recession, worries about rising rates, surging Covid cases in China, and an escalation in Russia-Ukraine tensions all weighed on sentiment and rendered the mood bearish. The pan European Stoxx 600 declined 1.27

Stocks rally as the year ends, Naz rises by 2.5% hardly enough to change the narrative. The issues remain the same and unresolved (as of yet) – FED and global central banks remain aggressive and inflation remains sticky. This years selloff has created longer term opportunities – you just need to loo

European stocks closed broadly lower on Wednesday with investors weighing the near term prospects for the markets amid high borrowing costs and slowing growth, and largely staying reluctant to make purchases. A lack of positive triggers too contributed to the cautious undertone in the markets. After

NKE and FDX please the algo’s – Mkts push higher. MU disappoints post the bell, ruins the tone…futures lower. Oil kissing $80, Gold holds steady at $1824/oz. The kids (FTX) are singing like canaries…SBF on US soil. Try the Shrimp Scampi w/broccolini. Existing home sales – plunge…down 7.7% vs. the -5

Market movers today Another quiet day on the data front, but Swedish November retail sales and Norwegian December unemployment rate will be released today. The central bank of Turkey is expected to maintain rates unchanged in its meeting today. Overnight, the Japanese November inflation figures will