Every year, Wall Street waits for Jamie Dimon‘s letter to JPMorgan shareholders. This year, it arrived with a warning that goes well beyond banking. In his annual shareholder letter published April 6, Dimon warned that Read more…
Raising interest rates during an oil crisis is a clear mistake. Stagflation is knocking at the door of the US economy. The US dollar has been fluctuating within a 0.5% range since the end of Read more…
Daily Pivots: (S1) 1.1508; (P) 1.1540; (R1) 1.1575; More…. Intraday bias in EUR/USD remains neutral as consolidations from 1.1408 is still extending. With 1.1666 cluster resistance (38.2% retracement of 1.2081 to 1.1408 at 1.1665) intact, Read more…
Daily Pivots: (S1) 0.7956; (P) 0.7988; (R1) 0.8015; More…. Intraday bias in USD/CHF stays neutral as consolidation from 0.8041 is still extending. Further rally is expected with 0.7833 support intact. On the upside, break of Read more…
Daily Pivots: (S1) 159.48; (P) 159.62; (R1) 159.81; More… Intraday bias in USD/JPY stays neutral as consolidations from 160.45 is extending. Another fall could be seen, but overall outlook will remain bullish as long as Read more…
Lockheed Martin’s (LMT) outlook is getting a boost from Washington. President Donald Trump’s proposed $2.2 trillion defense budget eases one of the biggest concerns around Lockheed Martin’s forward guidance. At the same time, missile demand 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. Why we love this deal Keeping your tools organized and accessible Read more…
I know “global chokepoint risk” sounds like something that belongs in a bank slide deck, not in your daily life. But if you drive a car, buy groceries, or so much as look at your Read more…
Daily Pivots: (S1) 1.3187; (P) 1.3228; (R1) 1.3278; More… GBP/USD is still bounded in range trading and intraday bias remains neutral. With 1.3479 resistance intact, further decline is still in favor. Below 1.3158 will resume Read more…
The global financial markets are treading water as the Hormuz reopening deadline looms, with U.S. Donald Trump warning of severe escalation if Iran does not comply. The mood across financial markets is one of “calculated Read more…