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, December 15th. Full Video Transcript Below: J.D. DURKIN: I’m Sara Silverstein – reporting Read more…
Shares of hybrid cloud provider and enterprise artificial intelligence player IBM (IBM) – Get Free Report have been surging recently, with its stock approaching highs it has not seen since 2017. The stock, currently trading Read more…
Despite heightened rate hike speculation, BoJ to likely stand pat in December No change is anticipated either in yield curve control But yen traders will be seeking fresh clues in Tuesday’s announcement BoJ still to Read more…
Yen traders await BoJ decision for pivot clues US core PCE index the highlight of the US agenda UK CPI numbers to be the pound’s next test Loonie and aussie await Canada’s CPIs and RBA Read more…
Repricing continued in the rates markets this week as central bankers did little to talk rates back up. The market is currently pricing in the US short-term rates to fall below 4% by end of Read more…
US PMI Manufacturing fell from 49.4 to 48.2 in December. PMI Services rose from 50.8 to 51.3. PMI Composite rose from 50.7 to 51.0, a 5-month high. Chris Williamson, Chief Business Economist at S&P Global Read more…
Markets Today’s PMIs marked the end of a busy week. They would either confirm or challenge yesterday’s ECB en BoE case for signaling steady rates for the foreseeable future. It turned out to be the Read more…
McDonald’s has multiple billion-dollar brands. In addition to its signature sandwich, the Big Mac, it has Chicken McNuggets, the Quarter Pounder with Cheese, Egg McMuffins, and probably a few others. The chain also has the Read more…
Daily Pivots: (S1) 140.92; (P) 141.92; (R1) 142.87; More… Intraday bias in USD/JPY remains mildly on the downside for the moment. Current decline from 151.89 should target next fibonacci level at 136.63. On the upside, Read more…
Daily Pivots: (S1) 0.8627; (P) 0.8680; (R1) 0.8728; More…. Intraday bias in USD/CHF remains mildly on the downside for the moment. Current decline from 0.9243 should extend to target 0.8551 key support level. For now, Read more…