Stocks futures mixed ahead of GDP, jobs data; Tesla soars as bullish musk pushes case for big 2023 delivery gains; IBM slides after muted Q4 earnings, planned job cuts; Intel earnings on deck as chip Read more…
Tom Cruise could receive a ride from SpaceX’s Dragon Capsule to the international space station and make a movie. Actor Tom Cruise who is known for his roles in Mission Impossible and Top Gun, could Read more…
The Euro maintains firm tone and continues to pressure pivotal barriers at 1.0930/42 (top of thick weekly cloud / 50% retracement of 1.2349/0.9535). Overall picture is bullish as the pair is on track for the Read more…
German Economy Minister Robert Habeck told Bundestag that inflation will remain high at the beginning of this year. But, “we have broken the inflation trend.” According to the government’s annual economic report published yesterday, inflation is Read more…
For next week’s ECB meeting, another 50bp rate hike has been well telegraphed and fully priced by markets. We expect the ECB to continue to sound very hawkish and signal that further rate hikes are Read more…
Credit: Walmart TCL and Metro have launched the Ion X smartphone. The phone brings a removable battery, microSD support, and a 3.5mm port. You’re otherwise looking at a very unremarkable handset in other areas. Phones Read more…
USDJPY faced another rejection at the topline of the four-month-old downward-sloping channel near 131.11, increasing speculation that a new selling wave could start in the short term. The 20-day simple moving average (SMA) was another hurdle. Read more…
WTI oil futures (March delivery) have been stuck in a prolonged downtrend since June, generating a fresh one year-low of 70.30 in December. Even though the commodity managed to recoup some losses and break above its 50-day simple Read more…
USD/JPY: Looking at the H4 chart, my overall bias for USDJPY is bullish due to the current price crossing above the Ichimoku cloud, indicating a bullish market. If this bullish momentum continues, expect the price Read more…
But corporate reports were providing investors with plenty of reason to pause. Microsoft was one of the larger firms to contribute to pessimism, as it reported slower growth in its enterprise software division. That implies Read more…