Markets End of last week, investors concluded that EMU and US yields are discounting a ‘reasonable’ amount of tightening given the highly uncertain path for growth and inflation in the second half the year. US markets have incorporated the Fed’s dots scenario projecting a 3.4% policy rate end of this year and 3.8% next year. […]
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Chipotle Mexican Grill has spent years convincing investors that it can raise prices, open restaurants, and keep customers coming back, but Wall Street is now asking a harder question about how much growth the fast-casual Read more…
Daily Pivots: (S1) 1.3502; (P) 1.3557; (R1) 1.3660; More… Intraday bias in GBP/USD remains on the upside for the moment. Rise from 1.3158 is in progress for 61.8% projection of 1.3158 to 1.3598 from 1.3453 Read more…
Daily Pivots: (S1) 1.1677; (P) 1.1709; (R1) 1.1764; More…. Intraday bias in EUR/USD stays neutral, and further rise is in favor with 1.1642 support intact. On the upside, sustained trading above 61.8% retracement of 1.2081 Read more…