Key Highlights EUR/USD is moving lower below the 1.0820 support. A key bearish trend line is forming with resistance near 1.0875 on the 4-hour chart. GBP/USD is gaining bearish momentum below the 1.2650 support. The Read more…
In an interview on CBS’s 60 Minutes, Fed Chair Jerome Powell emphasized the importance of ensuring inflation is convincingly on a downward trajectory toward 2% target before the central bank cut interest rates. He candidly Read more…
In January, China’s Caixin PMI Services slightly decreased to 52.7 from 52.9, aligning with expectations. PMI Composite also and a minor reduction to 52.5 from 52.6. Wang Zhe, Senior Economist at Caixin Insight Group, pointed Read more…
Japan’s PMI Services was finalized at 53.1 in January, marking a continuous expansion for the 17th month and an improvement from December’s 51.5. PMI Composite was finalized at 51.5, up from prior month’s 50.0, indicating Read more…
Tesla is the epitome of a battleground stock. Its electric vehicles readily receive applause or disdain, and its mercurial chief executive, Elon Musk, has more than his fair share of fans and foes. The hit-or-miss nature Read more…
The conventional wisdom on the Dow Jones Industrial Average is that it stands as an all-powerful collection of stocks that never change. Not true. Related: Analysts revamp Amazon stock-price targets after earnings The Dow has Read more…
S&P 500 broke key resistance level 4930.00 Likely to rise to resistance level 5000.00 S&P 500 index rising inside the minor impulse wave 3 which previously broke above the key resistance level 4930.00 (which stopped Read more…
People looking to buy a home frequently find themselves encountering a number of the biggest financial decisions they will ever confront. Bestselling personal finance author and radio host Dave Ramsey believes potential home purchasers can Read more…
Every year Eurasia Group releases its annual Top Risks report, highlighting the ten biggest geopolitical threats to the world in the year ahead. Coming in at number 8 is persistent inflation and high interest rates Read more…