Microsoft’s record $68.7 billion play for Call of Duty maker Activision Blizzard could spark a wave of takeover speculation in the video game sector. Microsoft’s (MSFT) – Get Microsoft Corporation Report $68.7 billion play for Activision Read more…
In December, Canadian housing starts fell by 22% m/m from November’s extremely elevated level, coming in at 236.1k units. This marked the lowest pace of starts activity since December 2020. However, the six-month moving average Read more…
Dollar and safe havens shine; loonie amongst the few winners The US dollar is storming higher today, heavily supported by surging Treasury yields, as markets seem to be pricing in four rate hikes by the Fed in Read more…
Consumers take to social media to vent their frustration with Dollar Tree’s price plan. Dollar Tree (DLTR) – Get Dollar Tree, Inc. Report has passed the buck: It’s now a buck and a quarter. And if Read more…
Daily Pivots: (S1) 114.29; (P) 114.47; (R1) 114.79; More… Further rise could be seen in USD/JPY as rebound from 113.47 might extend. But we’re not expecting a break of 116.34 for now. Instead, the corrective Read more…
Daily Pivots: (S1) 0.9124; (P) 0.9141; (R1) 0.9161; More…. Intraday bias in USD/CHF remains neutral first. On the downside, firm break of 0.9084 support will argue that choppy rise from 0.8925 has completed. Fall from Read more…
Daily Pivots: (S1) 1.1387; (P) 1.1410; (R1) 1.1429; More… Outlook in EUR/USD is unchanged and intraday bias remains neutral first. Rebound from 1.1185 is seen as a corrective move. Above 1.1482 will extend the rebound Read more…
Fed fears return as oil hits a 7-year high, prompting a selloff in tech stocks. US futures Dow futures -0.9% at 35607 S&P futures -0.99% at 4614 Nasdaq futures -1.43% at 15350 In Europe FTSE Read more…
Image: Microsoft Microsoft’s Chrome OS competitor, Windows 11 SE, is making its way onto a handful of laptops. After detailing Windows 11 SE in November, Microsoft’s OEM partners are now starting to make devices available Read more…
Daily Pivots: (S1) 1.3624; (P) 1.3657; (R1) 1.3676; More… GBP/USD’s pull back from 1.3748 extended lower today but stays above 1.3489 support. Outlook is unchanged and intraday bias remains neutral first. Downside of retreat should Read more…