Intel (INTC) – Get Free Report shares moved sharply lower in early Friday trading after the chipmaker cautioned that slumping demand for its PC and server chips would clip near-term sales, clouding a stronger-than-expected fourth-quarter earnings Read more…
In the latest ECB Survey of Professional Forecasters for Q1 2024, inflation expectations have been revised downwards across all horizons. For the immediate years, headline HICP inflation is projected to decrease from 2.4% in 2024 Read more…
ECB Governing Council members Boris Vujcic and Gediminas Simkus have underscored the importance of a cautious approach to future interest rate reductions. In separate interviews occasions, both officials emphasized the need for patience in evaluating Read more…
Check back for updates throughout the trading day U.S. equity futures slipped lower Friday, potentially snapping a run of five consecutive record high closes on Wall Street, as investors looked to a key inflation reading Read more…
The Canadian Dollar faces a confluence of challenges, from the unexpected BoC stance on interest rates to mixed economic data and the traditionally impactful fluctuations in oil prices. As investors grapple with uncertainty regarding future Read more…
As artificial intelligence continues to grow, so do the calls to regulate the technology. Despite its potential for positive, numerous experts and legislators are raising concerns about the possible risks. Ian Bremmer, president and founder of The Read more…
The recent economic data presents a nuanced narrative, showcasing the resilience of the US economy amid uncertainties. As we navigate through the mixed signals of GDP growth, price index fluctuations, and surprising jobless claims, it Read more…
AUDUSD pauses short-term retreat at December low Double bottom pattern triggers a rebound, but 200-SMA holds strong Momentum indicators remain heavily tilted to the downside AUDUSD experienced a vast selloff following its December peak of 0.6870, Read more…
Market picture Volatility in the cryptocurrency market remains subdued, keeping the capitalisation near $1.56 trillion for the third day. Meanwhile, Bitcoin remains around $40K, and Ethereum looks pegged to $2200. The drop in equity indices Read more…
AUD/USD is moving higher and might surge if it clears 0.6610. NZD/USD is also rising and could extend its increase above the 0.6110 resistance zone. Important Takeaways for AUD USD and NZD USD Analysis Today Read more…