The spotlight today is firmly on the release of US CPI data for November. Expectations are for headline inflation to tick up from 2.6% to 2.7%, continuing its rebound from the September low of 2.4%. Read more…
Markets German Bunds outperformed US Treasuries and UK Gilts yesterday as we approach final policy meetings of respective central banks which are set to widen their diverging views. The ECB will on Thursday conduct a Read more…
BoC is widely anticipated to lower its overnight rate by another 50bps at today’s meeting, reducing the policy rate to 3.25%. This follows a similar move in October, aimed at addressing a cooling economy where Read more…
In focus today The most important data release of the day will be the US November CPI. We think inflation remained steady in headline terms (forecast: 0.2% m/m SA and 2.6% y/y vs. Oct: 0.2% Read more…
Key Highlights GBP/USD started a recovery wave above the 1.2550 resistance zone. A key rising channel is forming with support near 1.2720 on the 4-hour chart. Gold prices could accelerate higher toward $2,700 or even Read more…
EURGBP under bearish pressure Likely to fall to support level 0.8200 EURGBP currency pair under bearish pressure after breaking the support zone between the key support level 0.8265 (which stopped previous waves iii, (i) and Read more…
Gold broke daily Triangle Likely to rise to resistance level 2750.00 Gold recently broke the resistance trendline of the daily Triangle, inside which it has been moving from the middle of October, as can be Read more…
On October 10, Tesla (TSLA) held its “We, Robot” event on the Warner Brothers backlot at the Warner Bros. backlot in Burbank, California; the event was rescheduled from an earlier date in August. During the event, Read more…
Intel’s recently retired CEO, Patrick Gelsinger, actually served as the CEO of VMware from September 2012 to February 2021. He saw VMware grow into a hybrid cloud and enterprise software powerhouse, with revenue more than Read more…
We all remember begging our parents to take us to McDonald’s as kids. This fast food chain had everything a kid would want: a playground, a Happy Meal with all our favorite foods like the Read more…