US GDP grew at annualized rate of 2.6% in Q3, above expectation of 2.4%. PCE price index growth slowed from 9.0% to 4.1%, below expectation of 5.4%. BEA noted that the increase in real GDP reflected increases in exports, consumer spending, nonresidential fixed investment, federal government spending, and state and local government spending, that were […]
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Autonomous driving advocates often use the threat of China to pressure regulators to grant the technology greater access. It’s an effective threat that artificial intelligence advocates are successfully using for their own ends, but China Read more…
Daily Pivots: (S1) 157.35; (P) 157.63; (R1) 158.18; More… Intraday bias in USD/JPY remains on the downside. Fall from 160.71 would continue to 61.8% projection of 160.71 to 155.48 from 157.92 at 154.68. Firm break Read more…
Daily Pivots: (S1) 0.7813; (P) 0.7832; (R1) 0.7851; More…. Intraday bias is back on the downside with breach of 0.7774 support, and fall from 0.8041 could be resumption. Firm break of 61.8% projection of 0.8041 Read more…