Daily Pivots: (S1) 1.3690; (P) 1.3720; (R1) 1.3738; More… Intraday bias in GBP/USD is turned neutral first for some consolidation below 1.3748 temporary top. But downside of retreat should be contained above 1.3489 support to Read more…
Daily Pivots: (S1) 0.9087; (P) 0.9118; (R1) 0.9143; More…. Intraday bias in USD/CHF stays on the downside for the moment. On the downside, firm break of 0.9084/0.9101 support zone will argue that choppy rise from Read more…
Top-Rated Franklin Templeton Funds as of 12/31/21 Fund Name, Ticker, Overall Rating, (Risk Grade) Franklin Focused Growth Adv FFQZX A+ (B) Franklin DynaTech A (FKDNX) – Get Franklin DynaTech A Report A (C) Franklin Growth A (FKGRX) – Read more…
Overall risk sentiment turns sour again following terrible US retail sales data. DOW futures reverse early gains and turn deep red, pointing to a much lower open. Yen is powering up following risk-off sentiment while Read more…
Daily Pivots: (S1) 113.88; (P) 114.29; (R1) 114.59; More… USD/JPY’s fall from 116.34 is still in progress and intraday bias stays on the downside for 112.52 support. Considering bearish divergence condition in in daily MACD, Read more…
The fastest inflation in nearly four decades looks to have finally hit consumer spending as December retail sales plunge amid higher prices and Omicron disruptions. Updated at 08:47 EST. U.S. retail sales fell sharply last Read more…
Top-Rated Janus Mutual Funds as of 12/31/21 Fund Name, Ticker, Overall Rating, (Risk Grade) Janus Henderson Gl Tch & Innov Inst (JGLTX) – Get Janus Henderson VIT Gl Tech&Innv I Report A+ (C) Janus Henderson Forty Inst Read more…
US retail sales dropped -1.9% mom to USD 626.8B in December, much worse than expectation of 0.0%. Ex-auto sales dropped -2.3% mom, below expectation of 0.2% mom. Ex-gasoline sales dropped -2.0% mom. Ex-auto, ex-gasoline sales Read more…
In a speech, ECB President Christine Lagarde said the “rapid reopening” of the economy has led to steep rises in fuel prices, gas and electricity and price hikes in durable goods and some services. These Read more…
Citigroup posted solid fourth quarter earnings Friday, but was dragged down by a mixed report from its larger rival JPMorgan. Citigroup (C) – Get Citigroup Inc. Report posted stronger-than-expected fourth quarter earnings Friday, as the bank Read more…