“Laxman is an inspiring leader with deep, hands-on experience driving strategic transformations at global consumer-facing businesses,” said Starbucks. Starbucks Corporation (SBUX) – Get Starbucks Corporation Report shares edged higher Friday after it named Laxman Narasimhan, the Read more…
Cable is consolidating above new multi-month low, posted on Thursday after a brief probe below 1.15 handle, following an uninterrupted bear-run in past five days. The pair is also on track for the third consecutive Read more…
Market picture Bitcoin remains firmly anchored to the psychologically significant $20K round level, changing by only fractions of a per cent for almost a week. Ethereum continues to draw green candles, but this is more Read more…
The Nasdaq 100 falters as the Fed puts price stability as its number one priority. A drop below 13000 has prompted buyers to bail out, exacerbating the selling pressure. The index is hovering above 12000 Read more…
Stock futures flat as jobs data looms; Wage growth in focus as hiring slows, but remains firm; Starbucks taps Reckitt CEO to replace interim boss Schultz; Lululemon shares leap on Q3 earnings, 2022 outlook and Read more…
The euro struggles over weaker manufacturing activity across the bloc. A bullish MA cross on the daily chart suggests an improvement in sentiment after the pair bounced off 133.50. The price has consolidated its latest Read more…
The New Zealand dollar softens as risk appetite continues to subside. A bearish MA cross on the daily chart points to an acceleration to the downside. A short-lived bounce to 0.6190 indicates strong headwinds. The Read more…
The Euro remained in a bearish zone the key parity level against the US Dollar. The EUR/USD pair even traded below the 0.9925 level before the bulls appeared. There was close below the 0.9950 level Read more…
Stock markets in Europe opened positively on Friday after what has been an otherwise rotten week, while Asia was fairly mixed ahead of the US jobs report. It will be interesting to see whether Europe Read more…
GBPJPY has been congested under its 20-day simple moving average (SMA) for more than a month now despite receiving strong defense from the March ascending trendline. From a technical perspective, the bulls seem to be Read more…