TheStreet’s J.D. Durkin brings the latest business headlines from the floor of the New York Stock Exchange as markets open for trading Thursday, November 30th. Full Video Transcript Below: J.D. DURKIN: I’m J.D. Durkin – reporting Read more…
San Francisco Fed President Mary Daly, in an interview with Germany’s Börsen-Zeitung newspaper, expressed confidence in the current state of monetary policy, stating that “policy is in a very good place” as Fed has “raised Read more…
Eurozone inflation fell much further than expected in October, leaving the headline HICP rate within touching distance of the ECB’s 2% target. While policymakers have continued to push back against talk of rate cuts, the Read more…
Daily Pivots: (S1) 1.0947; (P) 1.0982; (R1) 1.1004; More… While EUR/USD’s pull back from 1.1016 extends lower today, it’s holding well above 1.0851 support. Intraday bias remains neutral first, and further rally is still expected. Read more…
Daily Pivots: (S1) 1.2662; (P) 1.2697; (R1) 1.2730; More… Intraday bias in GBP/USD remains neutral for the moment, and more consolidations could be seen below 1.2731. For now, further rally is in favor as long Read more…
Daily Pivots: (S1) 0.8712; (P) 0.8748; (R1) 0.8775; More…. USD/CHF recovered after hitting near term falling channel support and intraday bias is turned neutral first. Some consolidations could be seen. But risk will stay on Read more…
Daily Pivots: (S1) 146.63; (P) 147.27; (R1) 147.87; More… USD/JPY’s rebound from 146.65 extended higher today, and immediate focus is on 55 4H EMA (now at 148.61). Sustained break there will argue that corrective fall Read more…
The pull-back in GDP in Q3 (-1.1% annualized) was substantially softer than expected, although following an upwardly revised 1.4% gain (previously -0.2%) in Q2. Still, the details of the Q3 data were soft – GDP Read more…
Eurozone HICP inflation 2.4% in October (2.9% in September, 2.7% expected) Eurozone core HICP inflation 3.6% in October (4.2% in September, 3.9% expected) EURGBP continues lower after bearish breakout on Monday Eurozone inflation fell much Read more…
Ethereum pulls back from recent multi-month high Generates a structure of lower highs and higher lows Momentum indicators suggest that buying interest is fading ETHUSD (Ethereum) experienced a strong rally since late October, which propelled the Read more…