Stock futures slip as inflation worries resurface; Housing data in focus as building slows, mortgage rates surge; Netflix share rocket after Q3 earnings blowout; United Airlines leaps as travel boom lifts Q3 earnings, outlook and Read more…
Eurozone CPI was finalized at 9.9% yoy in September, up from August’s 9.1% yoy, but revised down from flash reading of 10.0% yoy. CPI core (all items excluding energy, food, alcohol & tobacco) was finalized Read more…
USDJPY has trimmed its bullish momentum since the spike above the 1998 top of 147.71, gradually moving northwards within the 149.00 area – the highest since 1990. The pair is in its tenth week of gains well Read more…
The Logitech Crayon, complete with USB-C charging port. | Image: Logitech Logitech has released an updated version of its Crayon stylus to coincide with the announcement of Apple’s new iPads. The new stylus costs the Read more…
NZDUSD has been trending lower since March, generating a profound structure of lower highs and lower lows. Nevertheless, the pair has been trading sideways in the last few daily sessions, attempting a minor recovery after Read more…
The British Pound started a fresh decline from the 1.1440 resistance zone against the US Dollar. The GBP/USD pair declined below the 1.1300 support. It traded as low as 1.1255 and is currently rising. There Read more…
The FTSE 100 inches higher on improved risk sentiment. A break above 6900 prompted some short interests to cover, easing the downward pressure. A series of higher lows would further boost buyers’ confidence and send Read more…
Bullions steadies as the US dollar softens across the board. After meeting stiff selling pressure in the supply zone (1730), the precious metal has been struggling to hold onto its recent gains. The trend remains Read more…
A regain in risk appetite keeps the US dollar in check. A drop below 0.9960 led intraday buyers to take profit. The price is taking a breather after it broke above the double top at Read more…
Short term Elliott Wave view on EURUSD suggests the cycle from 10.04.2022 high is over at 0.9630 low as a double correction structure. The market bounced and a new double correction is in progress to Read more…