The Japanese yen is almost unchanged today, after being whipsawed over the past two sessions. In the European session, USD/JPY is trading at 1.48.93, down 0.06%. It’s been a roller-coaster ride for the yen, as Read more…
The Ifo Business Climate Index from Germany was above expectations in October – slightly down from 84.4 a month earlier to 84.3. The index components’ current situation and business expectations also marginally changed. But the Read more…
“We continue to execute our strategies and deliver for our customers in a highly uncertain environment,” said CEO Mike Roman. Updated at 7:26 am EST 3M Co. (MMM) – Get 3M Company Report posted better-than-expected second Read more…
“We are building broad-based momentum with solid revenue and free cash flow results, as well as services growth in all businesses,” said CEO Larry Culp. General Electric (GE) – Get General Electric Company Report posted weaker-than-expected Read more…
“The macro environment is very dynamic, but we are on track to achieving our 2022 financial targets,” said CEO Carol Tomé. United Parcel Service (UPS) – Get United Parcel Service Inc. Report posted stronger-than-expected second earnings Read more…
Stocks futures edge lower with Tech earnings on tap; Microsoft nudges higher ahead of Q1 update after the bell; General Motors declares dividend ahead of Q3 report; General Electric earnings on deck with split plans Read more…
Germany Ifo Business Climate ticked down from 84.4 to 84.3 in October, above expectation of 84.0. Current Assessment index dropped from 94.5 to 94.1, above expectation of 92.5. Expectations index rose from 75.3 to 75.6, Read more…
GBPUSD is hovering within the 20- and 50-day simple moving averages (SMAs) after the bearish movement from the 1.1400 mark on Monday. In the short-term, the price is failing to endorse a bullish correction and Read more…
In the long term, USOIL seems to be forming a primary wave ⑤, which takes the form of an intermediate ending diagonal. On the 1H timeframe, we see its second half. An intermediate correction (4) Read more…
The Dow Jones 30 rallies as weaker US business activity in October rekindles hopes of a dovish Fed. From the daily chart’s perspective, a pop above the support-turned-resistance at 31000 is a sign of strong Read more…