Consumer price inflation took another small step in the right direction in September, easing to 6.9% year-on-year (y/y), down from 7.0% in August. Lower gasoline prices were mainly responsible for the cooling in headline inflation. Read more…
After a bright start, gold has turned lower on the week, now down for the second consecutive week. Truth be told, it was always going to be an uphill struggle for the metal. Fears over Read more…
As stocks look to head lower into the open, watch the latest news on housing and earnings out of Netflix and United Airlines. Watch TheStreet’s Market Open: More on Today’s Topics: Stock Market Today: Stocks Read more…
Daily Pivots: (S1) 148.80; (P) 149.09; (R1) 149.52; More… USD/JPY’s rally continues today and intraday bias stays on the upside for 61.8% projection of 130.38 to 140.33 from 145.89 at 149.91. There Japan might intervene Read more…
Dollar rises broadly today, with help from bonds as 10-year yield tops 4.1% in pre-market. Canadian Dollar is also slightly firmer after CPI report. Other parts of the markets are mixed. Yen is dropping towards Read more…
Canada CPI slowed from 7.0% yoy to 6.9% yoy in September, slightly above expectation of 6.8% yoy. Food prices inflation rose to 11.4% yoy, the fastest rate since 1981’s 11.9% yoy. Also, prices for food Read more…
Many of these foods have the potential to help solve the climate crisis and feed a growing population. Plus, they’re nutritious and tasty and can be affordable and accessible. The world is facing a hunger Read more…
Double-digit inflation rates in Europe have clipped early market sentiment Wednesday, but solid earnings could keep Wall Street’s two-day rally on the rails. U.S. equity futures edged modestly higher Wednesday, with stocks looking to extend Read more…
“These results enable us to maintain our guidance ranges for organic sales and EPS growth for the fiscal year despite continued significant headwinds,” said CEO Jon Moeller. Procter & Gamble (PG) – Get Procter & Read more…
Elon Musk’s myriad distractions, including a $44 billion Twitter takeover that could trigger the sale of more Tesla stock, are likely to feed into the carmaker’s third quarter earnings update. Tesla (TSLA) – Get Tesla Read more…