Markets Trading initially was a long-drawn countdown to today’s US December CPI. Investors tentatively positioned for a rather soft report, with US yields easing 3-4 bps before publication of the data. The report brought a Read more…
The Biden administration is awarding $623 million in grants to local governments to accelerate the construction of an electric vehicle charging network across the country. The grants the administration announced Thursday — funded by the Infrastructure Read more…
Updated at 10:36 AM EST Microsoft (MSFT) – Get Free Report shares jumped to a record higher in early Thursday trading, lifting the tech giant past Apple (AAPL) – Get Free Report as the world’s most-valuable company Read more…
While the Las Vegas Strip has largely become too expensive for the kitsch that was once a big part of its offering, off-Strip areas continue to offer old-school Vegas flare. The Fremont St. area downtown Read more…
Investors don’t get poor by investing in quality stocks – those with good fundamentals. Tom Hancock, head of focused equity at GMO, believes in quality stocks. They overperform the market in bad times and do Read more…
The Consumer Price Index (CPI) rose 0.3% month-on-month (m/m) in December, ahead of the consensus forecast calling for a more modest gain of 0.1% m/m. CPI rose 3.4% on a year-over-year basis – up from Read more…
Daily Pivots: (S1) 1.0939; (P) 1.0957; (R1) 1.0990; More… Intraday bias in EUR/USD remains neutral at this point. On the downside break of 1.0876 will resume the fall from 1.1138 short term top to 1.0722 Read more…
Daily Pivots: (S1) 1.2704; (P) 1.2724; (R1) 1.2762; More… Range trading continues in GBP/USD and intraday bias stays neutral for the moment. On the upside, decisive break of 1.2826 high will resume whole rally from Read more…
While Disney World has added three theme parks to the original Magic Kingdom park since it opened in 1971, the company has been slow to change the original park. The Mouse House has expanded its Read more…
Daily Pivots: (S1) 0.8498; (P) 0.8518; (R1) 0.8528; More…. No change in USD/CHF and intraday bias stays neutral. Consolidation from 0.8332 is extending. Stronger recovery cannot be ruled out. But outlook will stay bearish as Read more…