Electric-truck manufacturer Nikola, like the broad vehicle industry, has been struggling with supply-chain issues. Nikola (NKLA) – Get Nikola Corporation Report, the electric- and hydrogen-truck producer, is making a change and not just any change. The Read more…
After nearly two weeks of absence, central banks return to the agenda, with the Reserve Bank of New Zealand taking the torch on Wednesday, at 02:00 GMT. The Bank is widely expected to deliver another Read more…
There will be no shortage of data releases in the coming week and the RBNZ is poised to hike rates again. But with investors still undecided about the implications of the latest US inflation report Read more…
US CPI offered the first positive surprise on inflation in a long time being flat on the month of July versus consensus expectations of 0.2% m/m. And it was not all due to lower gasoline Read more…
DNA-sequencing leader Illumina swung to a loss in Q2 2022. Contributions from Grail didn’t help. Illumina (ILMN) – Get Illumina Inc. Report second-quarter 2022 results suggest the integration of Grail is proving painful. And given the confluence Read more…
The Xiaomi Mix Fold 2 displayed in a gold finish. | Image: Xiaomi The Xiaomi Mix Fold 2 has launched in China just days after Samsung announced its next generation of foldable handsets, with Xiaomi Read more…
Daily Pivots: (S1) 132.04; (P) 132.67; (R1) 133.62; More… Intraday bias in USD/JPY remains neutral for the moment. Overall outlook is unchanged that price actions from 139.37 are developing into a corrective pattern to larger Read more…
Daily Pivots: (S1) 0.9366; (P) 0.9455; (R1) 0.9517; More… Intraday bias in USD/CHF remains neutral for consolidation above0.9369 temporary low. Upside of recovery should be limited below 0.9648 resistance to bring another decline. Break of Read more…
Daily Pivots: (S1) 1.0275; (P) 1.0320; (R1) 1.0363; More… Intraday bias in EUR/USD remains neutral first, with focus staying on 1.0348 support turned resistance, which is close to 55 day EMA (now at 1.0346). Decisive Read more…
Daily Pivots: (S1) 1.2173; (P) 1.2212; (R1) 1.2240; More… GBP/USD dips notably today but stays in range of 1.2002/2292 and intraday bias stays neutral. On the upside, decisive break of 1.2292 resistance will complete a Read more…