Last year was tough for the Japanese yen. USDJPY gained more than 30% over 2022, striking above 150 in October. While anticipation of slower Fed rate hikes pulled the pair below the 130 level at Read more…
US futures Dow futures +0.23% at 33819 S&P futures +0.5% at 4036 Nasdaq futures +0.97% at 11913 In Europe FTSE +0.47% at 7777 Dax +0.14% at 15109 US Q4 GDP rises 2.9% US stocks are Read more…
The U.S. economy continues to cook, despite late December weakness, adding to Wall Street puzzling growth challenge amid a muted fourth quarter earnings season. U.S. equity futures edged higher Thursday, while the dollar held near Read more…
US durable goods orders rose 5.6% mom to USD 286.9B in December, above expectation of 2.5% mom. Ex-transport orders dropped -0.1% mom to USD 178.8B, below expectation of 0.0% mom. Ex-defense orders rose 6.3% mom Read more…
Unofficial renders suggest the tablet will have an interesting camera bump. | Image: OnLeaks / MySmartPrice Unofficial renders from leaker OnLeaks and MySmartPrice have given us our best idea yet of what OnePlus’ debut tablet Read more…
US exports of goods dropped -1.6% mom to USD 166.8B in December. Imports of goods rose 1.9% mom to USD 257.1B. Goods trade deficit rose 8.8% mom to USD -90.3B, versus expectation of USD -88.8B. Read more…
US GDP grew 2.9% annualized in Q4, slightly above expectation of 2.8%. The increase in real GDP reflected increases in private inventory investment, consumer spending, federal government spending, state and local government spending, and nonresidential Read more…
So far in the day, we have seen a bit of consolidation against the recent moves. By mid-day in London, US index futures had pulled back from their earlier highs, along with European indices, while Read more…
The British Pound is testing the $1.2400 level this week, above which it failed to consolidate in the middle of last month. The GBPUSD has yet to trade consistently higher since last June. Looking at Read more…
“While macroeconomic and geopolitical uncertainty persists, consumer spending has been remarkably resilient,” said CEO Michael Miebach. Updated at 8:56 am EST Mastercard (MA) – Get Free Report posted modestly stronger-than-expected fourth quarter earnings Thursday while noting Read more…