Fast fashion houses are notorious for copying artist’s images Fast fashion company Shein almost constantly remains under fire, accused of copying designs from other fashion designers, unsuitable labor conditions, putting toxic materials in its clothing and failing to Read more…
Real GDP expanded by 2.9% quarter-on-quarter (q/q, annualized) in the fourth quarter of 2022. The reading came in above the consensus forecast of 2.6%. For the year, the U.S. economy expanded by 2.1% – a Read more…
Markets Trading in core bonds and the major FX cross rates was mainly order driven this morning. With both the ECB and the Fed having entered the blackout period ahead of next week’s policy meetings Read more…
Tesla’s billionaire CEO is getting more and more involved in politics. Democrats are his favorite targets. Politicians will have to get used to it. They will have to get used to rubbing shoulders, at least Read more…
Daily Pivots: (S1) 1.0873; (P) 1.0899; (R1) 1.0940; More… Intraday bias in EUR/USD stays on the upside for the moment. Current rise from 0.9534 should target 61.8% projection of 0.9630 to 1.0733 from 1.0482 at Read more…
The Pelosis, like most Americans, had a rough fourth quarter of trading. If this is indeed the last quarter Congressional members will be allowed to trade and hold stocks then Rep. Nancy Pelosi (R-CA) is Read more…
Daily Pivots: (S1) 1.2321; (P) 1.2363; (R1) 1.2442; More… Intraday bias in GBP/USD stays neutral for the moment. On the downside, firm break of 1.2252 minor support will turn bias to the downside, and extend Read more…
Markets are focusing on what the latest GDP report means for investors, Tesla earnings came in better than expected and economic data is front and center on TheStreet Today. Top Stories on TheStreet: Bullish Tesla Read more…
Daily Pivots: (S1) 0.9154; (P) 0.9199; (R1) 0.9226; More… Intraday bias in USD/CHF remains neutral for the moment. On the downside, sustained break of 61.8% projection of 1.0146 to 0.9355 from 0.9545 at 0.9056 will Read more…
Daily Pivots: (S1) 129.04; (P) 129.82; (R1) 130.36; More… Range trading continues in USD/JPY and intraday bias stays neutral at this point. On the downside, break of 127.20 will resume the whole decline from 151.93 Read more…