Costco and Target face different problems. Here’s how it affects shoppers. The pandemic has disrupted a variety of retail chains. Covid has created supply-chain problems, where ordered items take longer to arrive, but that’s not Read more…
Photo by Amelia Holowaty Krales The Google Pixel 6 Pro, a behemoth smartphone with a brilliant telephoto lens (along with wide and ultrawide lenses), is $100 off in time for Father’s Day. Normally $899, it’s Read more…
Bitcoin ended last week on a positive note, snapping its record losing streak of nine weeks. However, the bulls failed to capitalize on that development and the price has dived again beneath the $30,000 psychological Read more…
Stocks fall after a surprise outsized hike from the RBA and as Target warns again on profits. US futures Dow futures -0.7% at 32680 S&P futures -0.9% at 4150 Nasdaq futures -1.1% at 12443 In Read more…
Daily Pivots: (S1) 1.0669; (P) 1.0711 (R1) 1.0737; More… Intraday bias in EUR/USD stays neutral at this point. On the downside, break of 1.0626 minor support will indicate rejection by 55 day EMA, and turn Read more…
Daily Pivots: (S1) 1.2479; (P) 1.2528; (R1) 1.2580; More… Intraday bias in GBP/USD remains neutral with focus on 1.2457 minor support. Sustained break there will suggest that rebound from 1.2154 has completed. Intraday bias will Read more…
Daily Pivots: (S1) 130.88; (P) 131.44; (R1) 132.46; More… Intraday bias in USD/JPY remains on the upside for the moment. Current up trend should target 61.8% projection of 114.40 to 131.34 from 126.35 at 136.81 Read more…
Daily Pivots: (S1) 0.9637; (P) 0.9675; (R1) 0.9745; More… US/CHF’s breach of 0.9763 minor resistance suggests that pull back from 1.0063 has completed at 0.9854 already, ahead of 61.8% retracement of 0.9193 to 1.0063 at Read more…
Selloff in Yen and Swiss Franc is still the main theme today even though US and Germany benchmark yields are retreating slightly. Australia was only lifted very briefly by the larger than expected rate hike Read more…
US exports of goods and services rose 3.5% mom to USD 252.6B in April. Imports dropped -3.4% mom to USD 339.7B. Trade deficit narrowed from USD 107.7B to USD 87.1B, versus expectation of USD 89.3B. Read more…