Enlarge (credit: Aurich Lawson / Getty) A small retail business in North Africa; a North American telecommunications provider; two separate religious organizations: What do they all have in common? They’re all running poorly configured Microsoft Read more…
Apple’s latest iPad Pro has one upgrade from last year: a new processor. That enables a new feature for the Apple Pencil and is technically faster than the old one. But since this year’s update Read more…
Daily Pivots: (S1) 145.62; (P) 147.01; (R1) 147.80; More… USD/JPY recovers in early US session but outlook is unchanged. Intraday bias stays neutral as corrective pattern from 151.93 would extend. Deeper pull back cannot be Read more…
Dollar rises broadly in early US session. Stubbornly high inflation reading might be a factor. But the recovery could also be due to traders paring their positions ahead of the weekend, and next week’s FOMC. Read more…
US personal income rose 0.4% mom or USD 78.9B in September, above expectation of 0.3% mom. Spending rose 0.6% or USD 113.0B, above expectation of 0.4% mom. Headline PCE price index rose 0.3% mom, while Read more…
The Fed’s preferred inflation gauge came in slower than Street forecasts Friday, helping pare bets on big rate hikes between now and the end of the year. The Federal Reserve‘s preferred measure of U.S. inflation Read more…
Canada GDP rose 0.1% mom in August, above expectation of 0.0% mom. Services-producing industries grew 0.3% mom but goods-producing industries contracted -0.3%). 14 of 20 industrial sectors grew. Advance information indicates that GDP growth continued Read more…
The jumped vs yen on Friday after BoJ left its ultra-loose monetary policy unchanged, retracing 38.2% of post-intervention pullback from 32-year high at 151.94, which found footstep at 145.10 on Thursday. Doji morning star reversal Read more…
The Canadian dollar is lower today. In the European session, USD/CAD is trading at 1.3617, up 0.39%. Markets eye Canada’s GDP The week wraps up with Canada’s GDP for August. The economy is expected to Read more…
Big tech earnings continue to underwhelm, testing the market’s solid October rally ahead of key inflation data prior to the opening bell. U.S. equity futures edged lower Friday, with the Nasdaq leading the declines, following Read more…