Capital flows into gold amid rising geopolitical and broader market risks, together with Jerome Powell’s remarks about potential criminal prosecution, have not only driven XAU/USD to record highs (as discussed earlier today) but have also put pressure on the US Dollar Index (DXY). Markets are also digesting the latest Non-Farm Payrolls data released on Friday. […]
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Supermarket chains have been locked in a battle against big-box retailers over the dominance of the grocery sector, and they have been losing the battle against Walmart for years. Walmart is the top grocery retailer Read more…
Dick’s Sporting Goods is hitting its stride. In an industry that’s had some major strike outs recently — TheStreet has covered closures at Big 5 Sporting Goods and Sportsman’s Warehouse in the past several weeks Read more…
Daily Pivots: (S1) 157.23; (P) 158.06; (R1) 158.50; More… Intraday bias in USD/JPY remains neutral at this point. On the upside, above 158.89 will extend the rise from 152.07 to 159.44 resistance. Decisive break there Read more…