Markets Core bonds marginally gained at the beginning of the new week. In super quiet trading (already starting in Asia as Japan and China kept their doors shut), US yields pared initial drops between 1.5 Read more…
Many businesses come and go without making much of a mark. That’s especially true in the restaurant and bar space where people often follow a dream even when that dream has no ties to their Read more…
Broadcom (AVGO) shares edged higher Monday after the chip- and networking-equipment maker received another boost to its AI outlook from analysts at UBS. The artificial-intelligence-investment drive has helped add more than $350 billion to Broadcom’s market Read more…
Daily Pivots: (S1) 1.0766; (P) 1.0781; (R1) 1.0799; More… Intraday bias in EUR/USD remains neutral and outlook is unchanged. While stronger recovery cannot be ruled out, outlook will stay bearish as long as 1.0896 resistance Read more…
Daily Pivots: (S1) 1.2604; (P) 1.2624; (R1) 1.2648; More… GBP/USD edged higher to 1.2653 today but failed to sustain above 55 4H EMA again. Intraday bias remains neutral for the moment. On the upside, firm Read more…
Daily Pivots: (S1) 0.8733; (P) 0.8747; (R1) 0.8763; More…. USD/CHF’s rally continues today and intraday bias stays on the upside. Current rise from 0.8332 should target 61.8% retracement of 0.9243 to 0.8332 at 0.8995. On Read more…
The British pound is showing limited movement at the start of the week. In Monday’s North American session, GBP/USD is trading at 1.2610, down 0.15%. Bank of England Governor Andrew Bailey will speak at a Read more…
Daily Pivots: (S1) 149.01; (P) 149.29; (R1) 149.56; More… Intraday bias in USD/JPY is turned neutral as retreat from 149.57 is extending. Some consolidations could be seen but further rally is expected as long as Read more…
Japanese Yen stages a broad recovery today, buoyed by notable retreat in European benchmark yields. Meanwhile, Dollar is softening against Yen, yet holding its ground across other major currencies. New Zealand Dollar emerges as the Read more…
Copper trades steadily in range today, showing no immediate signs of a rebound. Near term selloff intensified following last week’s announcement by KoBold Metals, a venture with backing from notable figures including Bill Gates, about Read more…