Those following the aviation industry in the United Kingdom know that flying is about to get even more expensive. At the end of October, the Labor government led by Prime Minister Keir Starmer passed a new Read more…
US ISM Services PMI rose to 56.0 in October, up from 54.9 in September and surpassing the forecast of 53.3. This is the index’s highest reading since July 2022, reflecting robust growth in the services Read more…
Rivian-built Amazon vans have already delivered more than 800 million packages to U.S. customers. As of June 30, Amazon was Rivian’s largest shareholder, holding a stake of 15%, or 158.4 million shares. In July the Read more…
Markets In the run-up to tonight’s US elections there’s little appetite for markets to make additional big directional moves. If anything, US Treasuries and the dollar underperform. Positioning over the recent month, the Trump-trade, unveils Read more…
With the fate of the election hanging in balance, the stock market faces a double-edged sword. While both candidates have made their promises to improve the state of the economy and stock market, Stephen ‘Sarge’ Read more…
Royal Caribbean has made it clear that it’s betting big on private islands and destinations. In addition to Perfect Day at CocoCay and Labadee, Haiti, the cruise line plans to add private destination “Beach Clubs” Read more…
Daily Pivots: (S1) 1.0860; (P) 1.0887; (R1) 1.0905; More… Intraday bias in EUR/USD remains mildly on the upside as rebound from 1.0760 short term bottom continues. But strong resistance should be seen from 55 D Read more…
Daily Pivots: (S1) 1.2928; (P) 1.2964; (R1) 1.2992; More… Range trading continues in GBP/USD and intraday bias remains neutral for the moment. Further decline is expected as long as 1.3042 resistance holds. Below 1.2842 will Read more…
Daily Pivots: (S1) 0.8610; (P) 0.8646; (R1) 0.8676; More… USD/CHF’s fall from 0.8710 short term top is in progress and deeper decline would be seen to 55 D EMA (now at 0.8614). Sustained break there Read more…
Daily Pivots: (S1) 151.59; (P) 152.08; (R1) 152.62; More… USD/JPY is still bounded in consolidation below 153.87 and intraday bias stays neutral. Further rally is in favor with 151.44 support intact. Sustained trading above of Read more…