Personal income grew 0.3% month-on-month (m/m) in September, up slightly from July’s 0.2% gain and bang on market expectations. Accounting for inflation and taxes, real personal disposable income grew a modest 0.1% for a fourth Read more…
Daily Pivots: (S1) 1.0814; (P) 1.0842; (R1) 1.0885; More… EUR/USD’s break of 1.0871 resistance confirms short term bottoming at 1.0760, on bullish convergence condition in 4H MACD. Intraday bias is back on the upside for Read more…
Daily Pivots: (S1) 0.8646; (P) 0.8672; (R1) 0.8700; More… USD/CHF is staying in consolidation below 0.8699 temporary top and intraday bias remains neutral. Further rally remains in favor as long as 55 D EMA (now Read more…
Daily Pivots: (S1) 152.80; (P) 153.33; (R1) 153.92; More… USD/JPY is extending consolidation below 153.87 temporary low and intraday bias stays neutral. Deeper retreat cannot be ruled out but further rally is expected as long Read more…
The story between Nvidia (NVDA) and SoftBank dates back to 2017, when Masayoshi Son, the investment company’s founder, acquired a $4 billion stake in the chipmaker. At the time, Nvidia was already making waves with Read more…
Daily Pivots: (S1) 1.2919; (P) 1.2981; (R1) 1.3025; More… Intraday bias in GBP/USD remains neutral as range trading continues above 1.2906 temporary low. Further decline is expected as long as 1.3070 minor resistance holds. Below Read more…
Euro strengthened broadly after Eurozone’s flash CPI revealed stronger-than-expected increase in headline inflation, while the decline in core inflation has come to a halt. This data, coupled with the better-than-anticipated GDP figures released yesterday, has Read more…
Image: Cath Virginia / The Verge; Getty Images If former President Donald Trump is to be believed, some of the richest and most powerful people in the world have called him to lavish him with Read more…
The scavenger hunt-style pastime of hiding and hunting for small rubber ducks on cruise ships has become a tradition beloved by many frequent cruisers, especially on Carnival Cruise Line and Royal Caribbean ships. As a Read more…
Canada’s GDP growth was flat month-over-month in August, missing the anticipated 0.1% mom growth. Services sector provided some support, increasing by 0.1% mom, with notable gains in finance, insurance, and public administration. However, the goods-producing Read more…