Markets Outright risk-off from the start of trading today. French President Macron’s parliamentary election bet culminated in the current risk climate. The French president’s approval rating hit an air pocket and his Renaissance party is Read more…
TheStreet’s Conway Gittens brings the latest business headlines from the floor of the New York Stock Exchange as markets open for trading Friday, June 14. Related: Tesla gets special treatment with EU’s Chinese EV tariffs Full Video Read more…
Cleveland Fed President Loretta Mester expressed cautious optimism in an CNBC interview today, acknowledging the positive trend in the latest May CPI data. “It is welcome to see that inflation is moving back down again,” Read more…
Daily Pivots: (S1) 155.84; (P) 156.61; (R1) 157.49; More… Intraday bias in USD/JPY stays on the upside at this point. Choppy rise from 151.86 would continue to retest 160.20 high but strong resistance could be Read more…
Daily Pivots: (S1) 0.8921; (P) 0.8945; (R1) 0.8962; More…. Range trading continues in USD/CHF and intraday bias remains neutral. On the downside, sustained break of 0.8883 fibonacci level will carry larger bearish implications and bring Read more…
Daily Pivots: (S1) 1.2732; (P) 1.2770; (R1) 1.2802; More… GBP/USD’s break of 1.2687 support argues that rise from 1.2298 might have completed at 1.2859, on bearish divergence condition in 4H MACD. Intraday bias is back Read more…
Image: Alex Parkin / The Verge So, Apple reportedly isn’t paying OpenAI to handle its users’ ChatGPT queries, and OpenAI isn’t paying Apple for its massive distribution. (A billion pockets, y’all!) If that’s the case, Read more…
Daily Pivots: (S1) 1.0709; (P) 1.0763; (R1) 1.0793; More…. Intraday bias in EUR/USD continues today and intraday bias stays on the downside for 1.0601 support. Firm break there will resume whole decline from 1.1138, as Read more…
Euro is once again capturing market attention today as this week’s significant selloff resumes. The steep decline has been driven by rising political tensions in France, as the snap parliamentary election called by President Emmanuel Read more…
Tesla shares edged higher in early Friday trading, extending a two-month gain for the stock that has added more than $100 billion in value, after investors voted to support two key proposals that effectively allow Read more…