Markets US October retail sales served as the main dish for today. The countdown was rewarded with a small beat across all gauges. The headline series dropped less than expected, -0.1% m/m vs -0.3%. Two Read more…
Southwest Airlines has built its business model on mostly all-inclusive fares. On the plus side, the airline continues not to charge for checked bags or carry-on luggage. That’s a pretty major perk given that its Read more…
TheStreet’s J.D. Durkin brings the latest business headlines from the floor of the New York Stock Exchange as markets open for trading Wednesday, November 15. Full Video Transcript Below: J.D. DURKIN: I’m J.D. Durkin, reporting from Read more…
Retail sales fell by -0.1% month-on-month (m/m) in October, down from September’s reading of 0.9% growth. This was slightly better than consensus forecast calling for a larger decline of -0.3%. Trade in the auto sector Read more…
Daily Pivots: (S1) 0.8837; (P) 0.8933; (R1) 0.8988; More…. USD/CHF’s decline continues today and intraday bias stays on the downside. Fall from 0.9243 should target 100% projection of 0.9243 to 0.8886 from 0.9111 at 0.8754. Read more…
Daily Pivots: (S1) 149.77; (P) 150.78; (R1) 151.39; More… USD/JPY recovers today as range trading continues. Intraday bias remains neutral for the moment. Further rally is in favor as long as 149.17 support holds. On Read more…
Daily Pivots: (S1) 1.0752; (P) 1.0820; (R1) 1.0947; More… With 1.0824 minor support intact, intraday bias in EUR/USD remains on the upside despite current retreat. Rise from 1.0447 should extend to 61.8% retracement of 1.1274 Read more…
Warren Buffett’s investing style is the stuff of legends. When the Oracle of Omaha makes a market move, people pay attention and follow. So what does it mean when his holding company, Berkshire Hathaway BRK.B, liquidates Read more…
Sterling emerged as the standout underperformer today, reacting notably to the latest CPI data from the UK. This data indicated a more rapid deceleration in both headline and core inflation rates than many had predicted. Read more…
Discover how we’re using Cloudflare Workers to perform API authentication on the edge to make our infrastructure more cost-effective. Read more