The US inflation data published on Wednesday triggered a strong and unequivocal reaction from financial markets, allowing more certainty about starting a new market cycle. Yesterday’s report showed close to zero price growth for July, Read more…
The Australian dollar has extended its gains today, after rising sharply on Wednesday. In the European session, AUD/USD is trading at 0.7099, up 0.26% on the day. Aussie rockets on US inflation Spectacular. That says Read more…
Investors are certainly in a more upbeat mood as the relief from the US inflation data ripples through the markets. Positive surprises have been hard to come by on the inflation front this year and Read more…
“We believe we have plenty of room on price value,” Disney CEO Bob Chapek said of the group’s streaming price hikes. “And we do not believe that there’s going to be any meaningful on our Read more…
Gas prices extended their run of declines to 52 days overnight, falling below $4 a gallon for the first time since early March. Gas prices fell below $4 a gallon around the nation last night, Read more…
The Google Fiber logo. | Image: Google Fiber Google Fiber, the Alphabet division focused on offering high-speed internet access in the US, has ambitious plans to expand its fiber services in the next three to Read more…
Gold could not sustain its bullish power above the 1,795 ceiling despite its flash spike to 1,807 on Wednesday, with the price retreating below the upward-sloping channel instead to reach a low of 1,783 early Read more…
AUDUSD had been battling with its 50-day simple moving average (SMA) after it rebounded from the 26-month low of 0.6680. However, in the previous session the pair experienced a huge jump, closing decisively above its Read more…
WTI’s price was on the rise yesterday, yet overall seems to remain rather stable yet at lower levels than our last report as the price remains near $90 per barrel. It should be noted that Read more…
Stock futures higher as Fed rate bets fade; Disney soars as streaming tally tops Netflix, Q3 earnings impress; Jobs data in focus as cooling inflation eases recession fears; Bumble tumbles after clipping full-year revenue forecast Read more…