China’s service sector showed a glimmer of resilience in October, with Caixin PMI Services edging up marginally from 50.2 to 50.4, meeting expectations. However, this slight uptick could not buoy the overall PMI Composite, which Read more…
Key Highlights USD/JPY rallied toward 151.70 before there was a pullback. A connecting bearish trend line is forming with resistance near 150.60 on the 4-hour chart. EUR/USD and GBP/USD avoided more downsides with a minor Read more…
Tesla stock surged 6.25% on Nov. 2, but it wasn’t because its sales and profit have recently been rocketing. The electric vehicle company’s third-quarter revenue and earnings were relatively lackluster, missing analyst’s consensus estimates. The Read more…
The Las Vegas Strip is preparing for huge crowds coming to town for the Formula 1 Heineken Silver Las Vegas Grand Prix Nov. 16-18, the CES Convention, presented by the Consumer Technology Association, Jan. 9-12, and Read more…
ECB Executive Board member Isabel Schnabel warned in a speech that the “last mile” in disinflation process is the hardest, more uncertain, slower and bumpier. Inflation expectations are fragile, and ECB cannot close the door Read more…
USDCAD reversed from major resistance level 1.3860 Likely to fall to support level 1.3700 USDCAD currency pair recently reversed down from the major resistance level 1.3860 (which has been reversing the pair from October of Read more…
CADCHF broke resistance level 0.6550 Likely to rise to resistance level 0,6625 CADCHF recently broke through the resistance level 0.6550 (which stopped the pervious minor correction 2 at the end of October, as can be Read more…
Between 2002 and 2016, one major U.S. bank had been engaging in an egregious practice about which it would later be forced to admit. In 2022, Wells Fargo WFC settled with the Consumer Financial Protecton Bureau (CFPB) Read more…
Walt Disney Co. DIS and Comcast’s CMCSA Universal Studios’ theme parks are constantly expanding their facilities with new rides, attractions and lands, and even opening new parks, in a battle to attract the most guests and revenue. Universal has Read more…