Month: September 2023

Bank of England set to raise interest rates this week Mixed economic data, so commentary could be cautious Risks for British pound seem tilted to the downside Decision expected at 11:00 GMT on Thursday Weaker Read more…

The Toyota  (TM) – Get Free Report Prius, one of the first hybrids to hit the market, was around before Tesla  (TSLA) – Get Free Report even formed as a company. In the time since, Read more…

Silver trades between trendlines that form a triangle Outlook is neutral, moving averages have flattened Break on either side of triangle will reveal next big move Silver prices continue to trade within a symmetrical triangle Read more…

Markets Investors positioned for a ‘hawkish pause’ over the previous days, with Fed Chair Powell/the governors’ summary of economic projections tomorrow seen cementing the higher for longer narrative while at the same time keeping the Read more…

E-retailing giant Amazon’s  (AMZN) – Get Free Report decision in early 2023 to start charging its customers for returns is a good indication of how much money companies have bled out by offering free returns.  And other Read more…

Headline CPI rose to 4.0% year-over-year as surging oil prices pushed energy costs higher. The increase was above market expectations for a 3.8% reading with growth in broader ‘core’ measures also accelerating more than expected. Read more…

Consumer price inflation heated up again in August to 4.0% on a year-on-year (y/y) basis, up from 3.3% in July, largely thanks to higher prices at the pump. Gasoline prices rose 4.6% on a monthly Read more…

Daily Pivots: (S1) 1.0666; (P) 1.0682; (R1) 1.0710; More… No change in EUR/USD’s outlook and intraday bias stays neutral. Strong rebound from current level, followed by break of 1.0767 resistance, should confirm short term bottoming. Read more…

In April 2023, Ark Invest made waves by predicting that Tesla  (TSLA) – Get Free Report would be trading at $2,000 a share by 2027, an increase of more than ten times the stock’s value Read more…