US ISM Services fell from 53.6 to 51.8 in October, below expectation of 53.2. Business activity/production fell from 58.8 to 54.1. New orders rose from 51.8 to 55.5. Employment dropped from 53.4 to 50.2. Prices 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 Friday, November 3. Full Video Transcript Below: J.D. DURKIN: I’m J.D. Durkin, reporting Read more…
Market picture Crypto market investors rush to lock in profits from the recent growth, selling off coins. Capitalisation has rolled back to 1.27 trillion (-2.8% in 24 hours). Such dynamics fit pretty well into the Read more…
Non-farm payroll employment rose by 150k in October, slightly below expectations calling for a gain of 180k. Employment readings for the two prior months were revised lower, subtracting 101k from the previously reported figures. Hiring Read more…
The Canadian labour market added 17.5k positions in October, with full-time employment down 3.3k and part-time employment up 20.8k. The unemployment rate rose 0.2 percentage points to 5.7% and the participation rate was unchanged at Read more…
Daily Pivots: (S1) 149.89; (P) 150.43; (R1) 151.02; More… While USD/JPY’s fall from 151.69 is extending, it’s still holding above 148.79 support. Intraday bias remains neutral first. Price actions from 151.69 could still be seen Read more…
Daily Pivots: (S1) 0.9023; (P) 0.9054; (R1) 0.9089; More…. Break of 0.9005 support support argues that USD/CHF’s rebound from 0.8886 has completed at 0.9111 already. Intraday bias is back on the downside for retesting 0.8886. Read more…
Daily Pivots: (S1) 1.2152; (P) 1.2189; (R1) 1.2240; More Break of 1.2287 resistance argues that rebound from 1.2036 is resuming. Intraday bias is back on the upside for 1.2336 resistance first. Firm break there will Read more…
Daily Pivots: (S1) 1.0570; (P) 1.0619; (R1) 1.0672; More… EUR/USD’s rebound from 1.0447 resumed by breaking through 1.0693 resistance. Intraday bias is back on the upside for 1.0764 cluster resistance (38.2% retracement of 1.1274 to Read more…
Wall Street did not seem to care that Apple’s AAPL fourth-quarter results beat earnings and revenue estimates. The world’s biggest tech company reported earnings of $1.46 per share, above estimates of $1.39, and total revenue of $89.5 Read more…