Silver is testing the $22 per ounce mark today and crossed it briefly yesterday. Although Gold marks the fifth consecutive session of back-to-back gains, Silver may have been one step ahead in this market cycle. Read more…
Retail sales rose by 1.3% m/m in October, above the consensus forecast of a 1.0% gain. September data remained flat. Sales at autos & parts dealers rose by 1.3% m/m erasing September’s losses. Excluding autos, Read more…
Consumer price inflation held steady in October, at 6.9% year-on-year (y/y), down from 6.9% in September. Higher gasoline prices in October were a key culprit keeping inflation elevated. Prices at the pump surged 9.2% in Read more…
Equity markets in Europe are back in the red on Wednesday, while the US looks largely unchanged around the open on Wall Street. Reports of missile strikes in Poland on Tuesday naturally caused a shudder Read more…
Markets NATO chief Stoltenberg said that yesterday’s missile explosion on Polish territory was probably caused by Ukrainian air defenses. An unfortunate accident, nevertheless sparked by the Russian attack against Kiev etc yesterday. By immediately taking Read more…
The fast-food chain has fallen to number three in the United States. It’s making a move that can change that. For a long time, Burger King was Pepsi to McDonald’s Coke. At some point, however, Read more…
The FTX collapse has impacted other crypto brokerages, including Genesis. Crypto exchange Genesis confirmed on Wednesday that it has stopped customers from making withdrawals and issuing new loans, the latest company to be severely impacted Read more…
The two warehouse clubs are fierce competitors and now Sam’s Club has made a big move to troll its rival. There are a number of meals that are beloved for both price and taste consistency. That Read more…
Daily Pivots: (S1) 137.80; (P) 139.20; (R1) 140.73; More… Intraday bias in USD/JPY stays neutral for consolidation above 137.66 temporary low. Stronger rise cannot be ruled out, but upside should be limited below 145.16 support Read more…
Daily Pivots: (S1) 0.9377; (P) 0.9427; (R1) 0.9496; More… Intraday bias in USD/CHF remains neutral for consolidation above 0.9335 temporary low. Upside of recovery should be limited below 0.9680 minor resistance to bring another decline. Read more…