Retail and food services sales jumped 1.4% month-on-month (m/m), in line with market expectations. Sales of vehicles and parts played a big role in driving last month’s gain, surging by 5.3% m/m as consumers rushed Read more…
Spotify is down according to widespread user reports across the US and Europe, with issues preventing the platform from loading or streaming music. At 8:45AM ET on Wednesday morning, the Spotify Status account on X Read more…
Spotify is down according to widespread user reports across the US and Europe, with issues preventing the platform from loading or streaming music. At 8:45AM ET on Wednesday morning, the Spotify Status account on X Read more…
Daily Pivots: (S1) 1.1238; (P) 1.1308; (R1) 1.1353; More… EUR/USD is extending consolidations below 1.1472 and intraday bias remains neutral. Deeper pullback cannot be ruled out. But downside should be contained by 1.1145 resistance turned Read more…
Daily Pivots: (S1) 1.3180; (P) 1.3216; (R1) 1.3268; More… Intraday bias in GBP/USD stays on the upside at this point. Current rise from 1.2099 should target 61.8% projection of 1.2099 to 1.3206 from 1.2706 at Read more…
Daily Pivots: (S1) 0.8163; (P) 0.8201; (R1) 0.8273; More… No change in USD/CHF’s outlook as consolidations continue above 0.8098. Intraday bias stays neutral for the moment. While stronger recovery might be seen, upside should be Read more…
LVMH (LVMHF) , which owns beauty retailer Sephora and top luxury brands such as Fendi and Dior, has noticed a startling consumer trend that is starting to impact sales, and it is flagging the main Read more…
Daily Pivots: (S1) 142.71; (P) 143.15; (R1) 143.70; More… USD/JPY is still bounded in consolidations from 142.05 temporary low and intraday bias remains neutral. Another recovery cannot be ruled out, but outlook will stay bearish Read more…
Global markets are trading with a mildly risk-off tone today, with losses spanning from Asia through to Europe, and US futures following suit. Technology stocks are under pressure, led by AI-chip giant Nvidia, which warned Read more…
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