The unemployment rate rose to 5.6% in the June quarter, higher than expected. Surveyed employment growth was outweighed by a rise in participation. Unemployment rate: 5.6% (prev: 5.4%, Westpac: 5.4%, RBNZ: 5.4%, mkt: 5.4%) Employment Read more…
CADJPY: ⬆️ Buy – CADJPY reversed from support zone – Likely to rise to resistance level 113.30 CADJPY currency pair recently reversed from the support zone between the key support level 111.85 (which has been Read more…
Platinum: ⬆️ Buy – Platinum broke resistance level 1680.00 – Likely to rise to resistance level 1835.00 Platinum recently broke the resistance level 1680.00 (which is the upper border of the narrow sideways price range Read more…
S&P 500: ⬆️ Buy – S&P 500 broke resistance level 7600.0 – Likely to rise to resistance level 7800.00 S&P 500 recently broke above the pivotal resistance level 7600.0 (upper border of the sideways price Read more…
As is the case with some of Elon Musk‘s other companies, SpaceX investors are looking towards the future. But that future comes with some added liabilities as the company’s rockets get bigger and the traffic Read more…
Citigroup (C) reported a 45% increase in second-quarter net income to $5.8 billion. The earnings beat did not prevent Citi shares from falling 5.3% on July 14 as investors focused on management’s warning that investments Read more…
As the two best-known cola manufacturers, Coca-Cola and PepsiCo have been locked in a struggle for decades. While Pepsi often ranks second, the corporate powerhouse continues to chase Coca-Cola consumers at an impressive pace. And Read more…
Stock picking has gotten harder this year, and Jim Cramer says it is not because the fundamentals stopped mattering. It is because Wall Street stopped looking at them. The “Mad Money” host has spent recent Read more…
Homebuyers keep waiting for relief, and so does Wall Street. Fair Isaac, the company behind the credit score used in most U.S. mortgage decisions, just gave investors a blunt read on where the housing market Read more…