USDJPY has returned to the area of previous interventions. The ECB is moving towards a rate hike in June. The US dollar retreated on Friday amid new record highs for stock indices and rumours of amendments to the US-Iran agreement. However, tit-for-tat exchanges between the adversaries pushed the dollar index back into the support zone […]
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Tesla (TSLA) permabull Cathie Wood is all in on Full Self-Driving (Supervised), calling it the “most impactful AI project out there” while predicting that FSD would drive Tesla to a $2,000-per-share valuation by 2027. The Read more…
Inflation is running at 3.8%. The Iran conflict is pushing energy prices higher. Markets have priced out rate cuts entirely through at least 2027. It would be easy to assume the Federal Reserve is preparing Read more…
While the prices of jet fuel showed some modest signs of improvement at the start of the month, the difficult situation set off by the U.S.-Israeli strike on Iran has already dealt the final blow Read more…