US dollar sinks after FOMC rate hike There were no surprises from the Federal Reserve, which delivered a second straight 0.75% hike on Wednesday. The markets had priced in this move, although it was a Read more…
Cable eases from one-month high in European trading on Thursday after being inflated by fresh risk appetite on unclear signals from Fed that prompted investors out of dollar. Although the Fed raised interest rates by Read more…
GDP data will likely ignite another recession debate, while markets sift through a puzzling Fed rate hike and brace for crucial June quarter earnings from Apple after the close of trading. U.S. equity futures edged Read more…
Pfizer held to its forecast of $54 billion in Covid related sales this year following stronger-than-expected second quarter earnings and record overall revenues. Updated at 7:35 am EST Pfizer Inc. (PFE) – Get Pfizer Inc. Read more…
EURGBP broke key support level 0.8400 Likely to fall to support level 0.8350 EURGBP currency pair recently broke the key support level 0.8400 (which has been reversing the pair from the middle of May) intersecting Read more…
AUDNZD reversed from resistance level 1.1165 Likely to fall to support level 1.1100 AUDNZD currency pair recently reversed down from the pivotal resistance level 1.1165 (former strong resistance from the start of June). The downward Read more…
GBPCHF broke daily down channel Likely to rise to resistance level 1.1770 GBPCHF continues to rise after the earlier breakout of the resistance trendline of the daily down channel from the start of July – Read more…
“While we recognize macro crosscurrents are clouding the global economic growth outlook, we remain confident in our demand outlook for the back half of the year,” said CEO Darius Adamczyk. Honeywell International (HON) – Get Read more…
“We are pleased that the merger agreement with Frontier has been terminated and we are engaged in ongoing discussions with Spirit,” JetBlue said. Spirit Airlines (SAVE) – Get Spirit Airlines Inc. Report shares moved firmly higher Read more…
Stock futures lower with earnings, GDP data in focus; Meta shares tumble after Q2 earnings miss, muted ad outlook; Spirit soars after cancelling frontier deal, setting up JetBlue takeover; Ford shares leap after solid Q2 Read more…