Check back for updates throughout the trading day U.S. equity futures bounced higher Wednesday, following on from the worst day on Wall Street in nearly a year, as investors look to recalibrate Federal Reserve rate Read more…
The Las Vegas Strip might be known for featuring headliner residencies in various hotel casino theaters, but for major performers coming through the city for just a day or two, T-Mobile Arena is the top Read more…
Eurozone industrial production rose 2.6% mom in December, much better than expectation of -0.3% mom decline. Production grew by 20.5% for capital goods, by 0.5% for durable consumer goods, by 0.3% for energy and by Read more…
Yen down more than 6% against US dollar this year already Traders less confident Japan will raise rates, as inflation slows For the yen to recover, global economy needs to weaken Yen feels the blues Read more…
EURGBP pivots higher at the bottom of a range Technical signals not bullish yet Eyes on the 0.8540 resistance zone EURGBP switched to recovery mode after almost reaching August’s one-year low of 0.8491 and the Read more…
The dollar index is trading near three-month high in early Wednesday, following sharp rise (0.7%) on Tuesday, sparked by higher than expected US January inflation, which cooled bets for the first Fed rate cut. Fresh Read more…
Gold price is declining below the $2,010 support zone. Crude oil price is rising and it could climb further higher toward the $80 resistance. Important Takeaways for Gold and Oil Prices Analysis Today Gold price Read more…
GBPUSD tests the support set by the 200-day SMA Bears are attempting a breakout from the recent trading range Momentum indicators tentatively support the correction GBPUSD is registering its second consecutive red candle as the bears Read more…
Markets Higher than expected US January inflation abruptly ended the low-volatility goldilocks context that dominated trading of late by dashing hopes that the Fed will be in a position to cut rates soon to facilitate Read more…
Uh oh! Yesterday’s inflation data from the US didn’t go smoothly down the market’s throat. Instead, the stronger-than-expected set of inflation data dashed hopes of seeing the Federal Reserve (Fed) cut rates anytime in the Read more…