Daily Pivots: (S1) 137.93; (P) 138.64; (R1) 139.42; More… Intraday bias in USD/JPY is turned neutral first with today’s recovery. Further decline will remain in favor as long as 142.24 resistance holds. Break of 137.36 Read more…
Overall markets remain steady in consolidative trading today. There is little reaction to lower than expected Eurozone CPI and US ADP job data. Fed Chair Jerome Powell’s speech might trigger some volatility, or traders will Read more…
Stocks are slipping modestly lower heading into what could be a crucial speech from Fed Chair Jerome Powell later in the session. U.S. equity futures slipped lower Wednesday, while the dollar extended declines against its Read more…
In addition to the riots against tight covid restrictions since the weekend, China is also facing broader adverse effects of the strict anti-Covenant policy, PMI data shows. The official survey showed the manufacturing index falling Read more…
Fascinating read by Aaron Francis on how he used Netlify to generate dynamic OG images. Read more
US ADP private employment grew 127k in November, below expectation of 195k. By sector, goods- producing jobs dropped -86k. Service-providing jobs rose 213k. By establishment size, small companies lost -51k jobs. Medium companies added 246k. Read more…
Corning claims its Gorilla Glass Victus 2 can keep your phone from cracking in more situations. | Image: Corning When Samsung announces its Galaxy S23 lineup in February, it might have the toughest screens on Read more…
“Organizations are responding to macroeconomic conditions by adding extra layers of required approvals and extending the time it took to close some deals,” said CEO George Kurtz. Crowdstrike Holdings (CRWD) – Get Free Report shares plunged Read more…
On the face of it, the November flash HICP figures brought a welcome decline in headline inflation from 10.6% to 10.0%. However, we think the evidence for a similar peak in underlying inflation pressures is Read more…
BoE Chief Economist Huw Pill said at a conference, “we are expecting to see headline inflation tail off in the second half of next year, in fact quite rapidly, on account of those base effects.” Read more…