Markets European bonds extended declines in the wake of yesterday’s ECB policy meeting. President Lagarde sounded pretty optimistic on the economy, saying it perhaps withstood the trade uncertainty better than expected. The comment took markets Read more…
Morgan Stanley issued a cautious note on IBM (IBM) following its second-quarter earnings report, maintaining an Equal-Weight rating and reiterating its $253-per-share price target. While the tech giant’s headline numbers seemed encouraging at a glance Read more…
Daily Pivots: (S1) 146.23; (P) 146.63; (R1) 147.39; More… Intraday bias in USD/JPY remains neutral and outlook is unchanged. As long as 55 D EMA (now at 145.97) holds, further rally is still expected. On Read more…
Daily Pivots: (S1) 0.7928; (P) 0.7944; (R1) 0.7973; More…. No change in USD/CHF’s outlook and intraday bias remains neutral. On the downside, below 0.7910 will bring retest of 0.7871 support. Firm break there will resume Read more…
Daily Pivots: (S1) 1.3476; (P) 1.3533; (R1) 1.3562; More… Intraday bias in GBP/USD remains neutral at this point. Further rise is expected as long as 1.3363 support holds. Above 1.3587 will turn bias back to Read more…
It has not been an easy year for the aviation industry. Between tariffs and both domestic and international travel shutdowns, many airlines have found themselves unable to bring in the traffic — and, subsequently, the Read more…
Daily Pivots: (S1) 1.1723; (P) 1.1756; (R1) 1.1781; More… Intraday bias in EUR/USD is turned neutral with current retreat. Further rise is favor as long as 1.1677 minor support holds. Firm break of 1.1829 will Read more…
Dollar is staging a firm rebound heading into Friday’s New York session, reversing most of the earlier weekly losses. While durable goods orders for June came in better than expected, markets largely dismissed the data, Read more…
While initially expecting a banner year, airlines quickly saw international travel numbers drop off as many foreign visitors put off holidays to the U.S. amid the Trump administration’s politics and focus on anti-immigration. Reykjavik-based airline 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. Few things add style and comfort to a room like the Read more…