On the Las Vegas Strip, every vice seems to have been embraced. Gambling is, of course, celebrated, while the Strip has become one of the culinary centers of the world. Visitors can dine on meals Read more…
Philadelphia Fed President Patrick Harker and Boston Fed President Susan Collins have both indicated their support for beginning a gradual reduction in interest rates, assuming no unexpected changes in economic data. Harker emphasized that the Read more…
The Japanese Yen has seen significant volatility in recent weeks, influenced by factors like US Dollar recovery and mixed Japanese economic data. USD/JPY shows potential for retesting the 150.00 level, with resistance at 146.37 and Read more…
The New Zealand dollar is drifting on Thursday. In the North American session, NZD/USD has fallen to 0.6132 at the time of writing, down 0.41% on the day. The New Zealand dollar continues to have Read more…
Gold started the week with a decisive renewal of all-time highs, reaching the maximum spot price of $2531 per troy ounce. However, the bulls failed to seize the initiative finally, and on Thursday, gold lost Read more…
Markets European data today managed to temporarily steal attention away from the US. August PMI figures showed EMU business activity rising at a faster pace, but there’s more than meets the eye. The composite PMI Read more…
Transcript: Conway Gittens: I’m Conway Gittens reporting from the New York Stock Exchange. Here’s what we’re watching on TheStreet today. An orderly slowdown in the labor market is solidifying hopes for a September rate cut from Read more…
In August, US PMI Manufacturing dropped to 48.0, the lowest in eight months, down from 49.6 in July. In contrast, PMI Services index showed a slight increase, rising from 55.0 to 55.2. PMI Composite index Read more…
Target and Macy’s are seeing two-tailed results, driven by completely opposite strategies to increase their profit. Macy’s wants to rely on its luxury market, while Target focuses on providing value. Target’s value-focused strategy pays off Read more…
Daily Pivots: (S1) 144.19; (P) 145.55; (R1) 146.63; More… Intraday bias in USD/JPY is turned neutral with 4H MACD crossed above signal line. The corrective structure of the fall from 149.35 dampened the original bearish Read more…