Daily Pivots: (S1) 0.9148; (P) 0.9164; (R1) 0.9190; More…. USD/CHF drops notably today but stays above 0.9090 support. Intraday bias remains neutral first. On the downside, firm break of 0.9084 support will argue that choppy Read more…
The markets are set to end the week with a pessimistic tone. Major European index are trading in deep red while US futures point to a weak open. In the currency markets, Swiss Franc is Read more…
Canada retail sales rose 0.7% mom to CAD 58.1B in November, below expectation of 1.0% mom. The increase was led by higher sales at gasoline stations (+4.9%), building material and garden equipment and supplies dealers Read more…
Why is everything selling off? Gold testing key level Crude oil topping out? Thursday’s rug pull was very significant and marked yet another setback for the bulls on Wall Street who have had a nightmare Read more…
Market sentiment deteriorates as yields remain elevated The US stock futures’ negative correction develops lower, with the tech-heavy Nasdaq 100 affected more, falling 4.6% yesterday. The first gain in US crude oil inventories in eight Read more…
A turbulent end to the week with widespread selling as underlying anxiety in the markets once again takes hold. The hope going into earnings season was that companies were going to settle the nerves. That Read more…
Canva; EBIT is an acronym for earnings before interest and taxes What Is EBIT? EBIT is an acronym for earnings before interest and taxes, and it is used to measure a company’s management of profitability. Read more…
The Euro started a fresh decline from well above the 1.1450 zone against the US Dollar. The EUR/USD pair traded below the 1.1400 support zone to move into a bearish zone. There was also a Read more…
Image: Apple Apple has introduced a new verification process in the US to ensure that customers who want to benefit from its discounted education pricing are actually involved in education. It’s not clear exactly when Read more…
Netflix will pace an extended tech stock slump Friday as the Nasdaq navigates its worst start to the year since 2008. U.S. equity futures extended declines Friday, following on from a tech-lead selloff late Thursday Read more…