Australia’s Westpac Consumer Confidence Index lost 3% in August, developing a nine-month slump that took off 22.9%. The index was near current levels twice in 2020 during the worst periods of lockdowns and uncertainty and Read more…
The euro continues to move higher early in the week. In the North American session, EUR/USD is trading at 1.0240, up 0.47% on the day. The US dollar, which has been on a downward correction Read more…
Only a small percentage of Netflix users have downloaded its mobile games so far. Netflix (NFLX) – Get Netflix Inc. Report has had a rocky year so far, as anyone watching the streaming giant’s stock can Read more…
Enlarge (credit: Elena Lacey | Getty Images) If you have paid casual attention to crypto news over the past few years, you probably have a sense that the crypto market is unregulated—a tech-driven Wild West Read more…
Gold’s price was on the rise since our last report yet seems to remain rather lazy given the relative inactivity of the greenback in the past few days. The negative correlation of the two trading Read more…
Entrepreneur Elon Musk keeps expanding his plans in, and under, Sin City. A number of Elon Musk’s plans sound as if they sit somewhere between brilliant and what the bad guy tells James Bond he Read more…
The NFIB’s small business optimism index rose 0.4 points to 89.9 in July. This was better than the consensus forecast, which expected the index to drop modestly from June’s level. Pulling back the lens, the Read more…
Daily Pivots: (S1) 134.41; (P) 134.99; (R1) 135.62; More… USD/JPY is losing some upside momentum but retreat is so far shallow. Intraday bias stays on the upside and rise from 130.38 should target a test Read more…
U.S. adults are digging deep to cover household bills The U.S. inflation rate jumped to 9.1% in June – the largest inflation percentage since July 1981. (July’s inflation figure is set to be released on Read more…
Daily Pivots: (S1) 0.9503; (P) 0.9573; (R1) 0.9625; More… Range trading continues in USD/CHF and intraday bias remains neutral first. On the upside, break of 0.9650, and sustained trading above 55 day EMA (now at Read more…