Daily Pivots: (S1) 0.8536; (P) 0.8587; (R1) 0.8614; More…. USD/CHF’s decline continues today and falls through 0.8551 support without noticeable recovery. Longer term down trend is resuming. Intraday bias remains on the downside for 100% Read more…
Fresh selloff is seen in Dollar in early US session after lower than expected headline and core PCE inflation readings. While another month of progress might still be insufficient to prompt Fed for an early Read more…
Canada’s GDP was essentially unchanged for a third consecutive month in October, below expectation of 0.2% mom growth. Services producing industrial edged by 0.1% mom while goods-producing industries were essentially unchanged. The 20 industrial sectors evenly split Read more…
US durable goods orders rose 5.4% mom to USD 295.4B in November, above expectation of 2.7% mom. Ex-transport orders rose 0.5% mom to 187.6B, above expectation of 0.2% mom. Ex-defense orders rose 6.5% mom to Read more…
The Federal Reserve’s preferred inflation gauge last month slowed to a fresh 2 1/2-year low in November, posting the first monthly decline since 2020, as cooling price pressures continue to cement the case for Federal Read more…
US personal income rose 0.4% mom or USD 81.6B in November, matched expectations Personal spending rose 0.2% mom or USD 46.7B, below expectation of 0.3% mom. PCE price index fell -0.1% mom, below expectation of Read more…
Karuna Therapeutics (KRTX) – Get Free Report shares soared Friday after the neurological-drug specialists agreed to a $14 billion takeover by pharma giant Bristol Myers Squibb (BMY) – Get Free Report. Bristol Myers said it would Read more…
Japanese core inflation falls to 2.5%, as expected US to release PCE Price Index on Friday The Japanese yen is showing little movement on Friday. In the European session, USD/JPY is trading at 142.03, down Read more…
Updated at 7:36 AM EST Nike (NKE) – Get Free Report shares fell sharply in early Friday trading after the sportswear giant issued a muted full-year revenue outlook and cost-cutting plan that offset a solid fiscal-second-quarter Read more…
Check back for updates throughout the trading day U.S. equity futures slipped lower Friday but remain on track for a positive five-day stretch that would extend the S&P 500’s weekly winning streak to eight, the Read more…