TheStreet’s J.D. Durkin brings the latest business headlines from the floor of the New York Stock Exchange as markets open for trading Wednesday, January 17. Related: Stock Market Today: Stocks slide as markets reprice Fed Read more…
As a frequent Royal Caribbean cruiser, I have sailed all five of its biggest-cruise-ship-in-the-world Oasis-class ships. They’re incredibly impressive, but the differences between the oldest ship, Oasis of the Seas, and the newest, Wonder of Read more…
The Las Vegas Strip has completed its pandemic comeback. That became clear when Formula 1 took over the city for an event that literally transformed the Strip into a racetrack. With the Las Vegas Grand Read more…
Daily Pivots: (S1) 1.0841; (P) 1.0897; (R1) 1.0933; More… Intraday bias in EUR/USD remains on the downside at this point. Current decline from 1.1138 is in progress for 1.0722 support. Sustained break there will argue Read more…
Daily Pivots: (S1) 1.2592; (P) 1.2664; (R1) 1.2709; More… Intraday bias in GBP/USD remains neutral for the moment. On the downside, firm break of 1.2611 will resume the decline from 1.2826 to 1.2499 support. Nevertheless, Read more…
Daily Pivots: (S1) 0.8574; (P) 0.8597; (R1) 0.8639; More…. Immediate focus in now on 0.8665 support turned resistance as rebound from 0.8332 extends today. Decisive break there will turn near term outlook bullish for 61.8% Read more…
Daily Pivots: (S1) 146.08; (P) 146.70; (R1) 147.80; More… Intraday bias in USD/JPY remains on the upside at this point. Current rise from 140.25 should target 151.89/93 key resistance zone next. On the downside, below Read more…
Retail sales rose by 0.6% month-on-month (m/m) in December, extending November’s 0.3% gain. This was higher than consensus forecast calling for an increase of 0.4%. Trade in the auto sector was up on the month Read more…
Daily Pivots: (S1) 0.9351; (P) 0.9370; (R1) 0.9389; More… EUR/CHF’s break of 0.9402 support turned resistance suggests that down trend from 1.0095 has completed at 0.9252 already. Rebound from there is tentatively seen as a Read more…
Sterling emerged as the star performer in today’s market, largely driven by surprising inflation data from the UK. CPI inflation in December showed an unexpected acceleration, with core CPI remaining at elevated level. This development Read more…