Market movers today The market will be eagerly awaiting Fed chair Jerome Powell’s speech at 16.00 CET, where he is expected to lay out the path for monetary policy amid still significant inflation pressures but Read more…
Time will stop today, when Jerome Powell speaks at the opening of the Jackson Hole meeting. There are many expectations regarding what Powell could say and how the market could react. Some, like analysts at Read more…
Markets “It’s time to just go to a meeting-by-meeting basis and not provide the kind of clear guidance that we had provided”. It were the final remarks of Fed Chair Powell at the July Fed Read more…
The electric vehicle maker and its CEO face unprecedented attacks on a flagship product for their future. Elon Musk and Tesla (TSLA) – Get Tesla Inc. Report are used to being the target of attacks. But Read more…
Credit: Kris Carlon / Android Authority T-Mobile and SpaceX have announced satellite coverage via Starlink. The satellite coverage is limited to texting for now. Expect a beta program by the end of next year. T-Mobile Read more…
Germany Gfk consumer sentiment for September dropped from -30.9 to -36.5, Worse than expectation of -31.5. In August, economic expectations improved from -18.2 to -17.6. Income expectations ticked up from -45.7 to -45.3. Propensity to Read more…
Daily Pivots: (S1) 1.2886; (P) 1.2932; (R1) 1.2970; More… Intraday bias in USD/CAD remains neutral and outlook is unchanged. Corrective decline from 1.3222 could have completed with three waves down to 1.2726. Above 1.3062 will Read more…
Daily Pivots: (S1) 0.6925; (P) 0.6958; (R1) 0.7014; More… Intraday bias in AUD/USD remains neutral as range trading continues. Corrective rebound from 0.6680 could have completed with three waves up to 0.7135. Below 0.6855 will Read more…
Daily Pivots: (S1) 0.9939; (P) 0.9986; (R1) 1.0024; More… Intraday bias in EUR/USD remains neutral and outlook is unchanged. Consolidation from 0.9899 could extend, but upside of recovery should be limited by 1.0121 minor resistance Read more…
Daily Pivots: (S1) 1.1791; (P) 1.1828; (R1) 1.1871; More… Intraday bias in GBP/USD remains neutral and outlook is unchanged. Consolidation from 1.1716 could extend, but upside of recovery should be limited by 1.2002 support turned Read more…