Daily Pivots: (S1) 0.8951; (P) 0.8990; (R1) 0.9027; More… Intraday bias in USD/CHF remains neutral for consolidations below 0.9020 temporary top Some more consolidations could be seen but further rally is expected as long as Read more…
Dollar’s strong rally paused in early US trading after PCE inflation data came in below expectations, easing concerns that Fed might maintain higher rates for an extended period. Markets are also digesting remarks from Fed Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. If you can’t start your day without a classic cup of Read more…
Markets A looming US government shutdown starting as soon as tonight is capturing market and media attention. Policymakers had agreed on a bipartisan deal to fund spending through March 24. Enter Trump and Musk. Both Read more…
Personal income grew 0.3% month-on-month (m/m) in November, a deceleration relative to October’s outsized 0.7% gain. Personal income is 5.3% higher than 12 months ago, well above the pace of inflation. Accounting for inflation and Read more…
Retail sales rose by a solid 0.6% month-over-month (m/m) in October, slightly below Statistics Canada’s advance estimate of 0.7% m/m. In real terms, however, sales were unchanged. Sales at motor vehicle and parts dealers accelerated Read more…
US headline PCE price index rose 0.1% mom in November, below expectation of 0.2% mom. Core PCE price index (excluding food and energy) also rose 0.1% mom, below expectation of 0.2% mom. Prices for goods Read more…
Canada’s retail sales rose 0.6% mom to CAD 67.6B in October, above expectation of 0.4% mom. Sales were up in five of nine subsectors and were led by increases at motor vehicle and parts dealers. Read more…
Buying high-valuation stocks is a gamble — betting big on growth but risking a hard fall if sentiment fades and expectations aren’t met. Palantir Technologies (PLTR) showcases this possibility. As a market darling in artificial Read more…
The Federal Reserve’s preferred inflation gauge held steady last month, data indicated Friday, adding another layer of complexity to the central bank’s near-term outlook on price pressures and rate cuts. The Bureau of Economic Analysis’ Read more…