Markets were confused by Friday’s US labour market data, not knowing how to react to solid job growth. This is a negative for equities, as it makes us expect a third consecutive 75-point Fed rate Read more…
A very nice technique to decrease concurrency and prevent deadlocks. Read more
Stock-index futures rise as investors assess the Senate’s sweeping bill on clean energy, healthcare and taxes, and await key inflation numbers for July. U.S. stock-index futures were higher on Monday after the Senate passed a Read more…
Stock futures higher ahead as investors assess the ‘Inflation Reduction Act,’ Softbank posts massive fiscal loss, and CVS Health ponders bid for Signal Health. Here are five things you must know for Monday, August 8: Read more…
Photo by Dan Seifert / The Verge Google is striking back at Sonos with a pair of lawsuits alleging that the wireless speaker company is infringing on a number of its patents around smart speakers Read more…
The US 500 stock index (cash) managed to crawl above its 100-day simple moving average (SMA) last week and rise as high as 4,170, adding more credence to the short-term bullish trend. Although the price Read more…
Daily Pivots: (S1) 161.62; (P) 162.50; (R1) 163.87; More… Intraday bias in GBP/JPY remains neutral for the moment, and consolidation pattern from 168.67 might extend. On the upside, above 163.97 will turn bias to the Read more…
Daily Pivots: (S1) 136.22; (P) 136.99; (R1) 138.17; More…. Intraday bias in EUR/JPY remains mildly on the upside for the moment. Sustained trading above 55 day EMA (now at 138.48) will suggest that whole correction Read more…
Daily Pivots: (S1) 0.8410; (P) 0.8431; (R1) 0.8452; More… Intraday bias in EUR/GBP remains neutral for the moment. While stronger recovery might be seen, outlook will stay bearish as long as 0.8585 resistance holds. On Read more…
Daily Pivots: (S1) 1.4674; (P) 1.4725; (R1) 1.4777; More… EUR/AUD is still bounded inside consolidation from 1.4508 and intraday bias remains neutral. While stronger recovery cannot be ruled out, upside should be limited below 1.4910 Read more…