A range of stocks showing relative strength in the current market conditions were outlined by David Paul, Managing Director for VectorVest, when he joined Zak Mir on the Tip TV Finance Show.

Topics Covered: Federal Reserve, DTG, FEVR, BWY.

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The Australian Dollar has plunged following the Reserve Bank of Australia's decision to maintain its interest rate at 4.35% on Tuesday. Investors sentiment leaned toward a potentially more hawkish stance from the RBA, particularly after last week's inflation data surpassed expectations.

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EUR/USD edges lower to near 1.0750 after hawkish remarks from a Fed official

EUR/USD edges lower to near 1.0750 after hawkish remarks from a Fed official

EUR/USD extends its losses for the second successive session, trading around 1.0750 during the Asian session on Wednesday. The US Dollar gains ground due to the expectations of the Federal Reserve’s prolonging higher interest rates.

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Gold price remains on the defensive on a firmer US Dollar

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Gold price attracts some sellers on the firmer US Dollar during the Asian trading hours on Wednesday. The hawkish remarks from Federal Reserve officials dampen hopes for potential interest rate cuts in 2024 despite weaker-than-expected US employment reports in April.

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FTX files consensus-based plan of reorganization, awaits bankruptcy court approval

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FTX has filed a consensus-based plan for its reorganization, coming almost two years after the now defunct FTX filed for Chapter 11 Bankruptcy Protection in the District of Delaware.

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Living vicariously through rate cut expectations

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U.S. stock indexes made gains on Tuesday as concerns about an overheating U.S. economy ease, particularly with incoming economic reports showing data surprises at their most negative levels since February of last year. 

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