Another decisive week for global markets lies ahead. The main event will be the latest CPI report from the United States, which will reveal whether inflation has finally started to cool off. That’s what business Read more…
The residential real estate market has stumbled, after soaring in the first 18 months of the covid pandemic. After the residential real estate market boomed in the first 18 months of the covid pandemic, it has now Read more…
Caesars CEO shared some big news that should make the cruise lines (and their shareholders) happy. Las Vegas and the cruise industry have an overlapping customer base. Many of the people who visit Sin City Read more…
The 2021 iPad is the last model of the Apple tablet to be equipped with a headphone jack. | Image: Apple Originally priced at $479, the 256GB version of the ninth-generation iPad is currently discounted Read more…
How far ahead of inflation are US home prices? Way ahead It’s no secret that U.S. home prices are sky-high, but new data show that increases in median sale prices of residential property are way ahead of Read more…
Tesla CEO Musk tells shareholders he has no plans to leave, even if he has to buy Twitter. Elon Musk enjoys and cultivates celebrity status as the CEO of Tesla (TSLA) – Get Tesla Inc. Read more…
Markets Crushed it! The July US jobs report obliterated even the most optimistic expectations. Employment grew by 528k, accelerating from an upwardly revised 398k in June and more than double the 250k consensus. Sectors producing Read more…
Daily Pivots: (S1) 1.0183; (P) 1.0219; (R1) 1.0282; More… EUR/USD is still bounded in range and intraday bias remains neutral first. With 1.0095 minor support intact, further rise is still mildly in favor. Rebound from Read more…
Daily Pivots: (S1) 1.2080; (P) 1.2146; (R1) 1.2225; More… GBP/USD’s break of 1.2062 suggests that corrective rebound form 1.1759 has completed at 1.2292, after hitting 55 day EMA. Intraday bias is back on the downside Read more…
Daily Pivots: (S1) 0.9522; (P) 0.9572; (R1) 0.9601; More… Intraday bias in USD/CHF remains neutral at this point. On the upside, break of 0.9650, and sustained trading above 55 day EMA (now at 0.9650) will Read more…