Boston Fed President Susan Collins said, “I do anticipate that accomplishing price stability will require slower employment growth and a somewhat higher unemployment rate.” But she added that “the goal of a more modest slowdown, Read more…
Cable is breaking down hard after British finance minister Kwasi Kwarteng’s announced tax cuts on energies. The plan is for households to save some money and to expand the supply side of the economy, but Read more…
WTI oil price falls to new multi-month low on Monday ($77.19, the lowest since Jan 5), in extension of last Friday’s 5.1% drop and a weekly loss of 6.5%, on track for the fourth consecutive Read more…
Markets UK yield markets remain a barometer for broader trends. UK yields again jump between 50 (+)bps (2-y) and 20 bps (30-y). The government’s voluntary fiscal policy aimed at supporting growth and shielding citizens’ purchasing Read more…
Daily Pivots: (S1) 153.81; (P) 157.13; (R1) 158.80; More… GBP/JPY recovered strongly after diving to 148.93. Intraday bias is turned neutral first. For now, risk will stay on the downside as long as 160.64 support Read more…
The weakening of the pound and the euro as governments and central banks fight inflation gives voice to crypto fans. Moments of celebration have been very rare in recent months for cryptocurrency fans. For the Read more…
Credit: Dhruv Bhutani / Android Authority Opinion post by Dhruv Bhutani Long before Apple revealed the iPhone 14 Pro, the rumor mill had already predicted that Cupertino’s latest would sport a radically different front camera. Read more…
Daily Pivots: (S1) 0.8784; (P) 0.8860; (R1) 0.9008; More… EUR/GBP retreated sharply after rising to 0.9267. Intraday bias is turned neutral first. Further rally is expected as long as 0.8720 resistance turned support holds. Above Read more…
Photo by Amelia Holowaty Krales / The Verge Apple has started assembling the iPhone 14 in India, according to reports from TechCrunch and Bloomberg. This marks the first time Apple has shifted production from China Read more…
Daily Pivots: (S1) 142.27; (P) 142.87; (R1) 143.96; More… Intraday bias in USD/JPY stays neutral for consolidation below 145.89. Further rally is expected as long as 139.37 resistance turned support holds. Break of 145.89 will Read more…