Daily Pivots: (S1) 1.3420; (P) 1.3462; (R1) 1.3539; More…. USD/CAD’s rise from 1.3224 resumed by breaking through 1.3494 resistance finally. The development adds to the case that correction from 1.3976 has completed at 1.3224. Intraday Read more…
BoE MPC member Catherine Mann said at an online event, “looking at medium-term expectations is a very important ingredient to my assessment of what the appropriate Bank Rate at the next vote might be.” “Once Read more…
Canada GDP rose 0.1% mom in September, below expectation of 0.2% mom. Goods-producing industries grew 0.3% while services-producing industries were essentially unchanged. Advance information indicates that real GDP was unchanged in October. Increases in the Read more…
Hawkish Fed comments are likely to keep hopes of a change in China’s Covid policy from seeping in to early trading on Wall Street. U.S. equity futures were mixed Tuesday, while the dollar drifted lower Read more…
The second Swiss bank revives fears about its solvency yet again. The end of 2022 could be a nightmare for Credit Suisse. The second largest Swiss bank is once again in the line of fire, Read more…
Harrington Group, a business software company, has published a survey with rankings of where it’s best to have a business. If you’re thinking of starting a new business, you might be mulling where to locate Read more…
“Our investor survey reinforces our views that Elon Musk’s recent involvement with Twitter has contributed to negative sentiment momentum in Tesla shares,” said Morgan Stanley analyst Adam Jonas. Tesla (TSLA) – Get Free Report investors see Read more…
The Australian dollar has rebounded on Tuesday after a poor start to the week. In the European session, AUD/USD is trading at 0.6737, up 1.28%. What goes down … can go right back up. This Read more…
Roku’s eroding market share, and its need for new investment, will pressure near-term profits, according to KeyBanc analyst Justin Patterson. Roku (ROKU) – Get Free Report shares moved lower Tuesday after analysts at KeyBanc Capital Markets Read more…