Richmond Fed President Thomas Barkin said yesterday, “the best short-term path for us is to move rapidly to the neutral range and then test whether pandemic-era inflation pressures are easing, and how persistent inflation has Read more…
RBNZ Monetary Policy Review, April 2022 The Reserve Bank raised the OCR by 50 basis points to 1.50%. The increase was larger than the majority of economists (including us) were expecting, but was more in Read more…
Key Highlights Gold price started a fresh increase from the $1,920 support. A key bullish trend line is forming with support near $1,940 on the 4-hours chart. EUR/USD is still below 1.0950, and GBP/USD is Read more…
Gold prices finished positive in the previous week and have ascended to reach a new monthly high in the current, creating further excitement for market participants. Despite Gold’s price remaining nearby familiar levels for the Read more…
Notwithstanding the ongoing challenges in semiconductors, this company sees boom times. Chip stocks may be coming under pressure as interest rates rise, but that doesn’t mean business isn’t any good. In fact, the CEO of Read more…
The iPhone maker is on the offensive in health care services. Apple (AAPL) – Get Apple Inc. Report has run into hurdles and delayed the launch of its blood pressure monitor for its smartwatch, according to Read more…
The resurgence of the Covid-19 pandemic in China adds a new headache to manufacturers of electric vehicles. Electric vehicle deliveries from automobile manufacturers in China face an unknown future as EV makers like Tesla, Volkswagen and Read more…
Jim Cramer says that when it comes to investing, you simply cannot hang your hat on hope alone. Hope is not an investing strategy, even when it’s all you have, Jim Cramer reminded his Mad Read more…
Demand and inflation have raised prices for flights. Prices for U.S. domestic flight bookings have risen steadily and a decline is not likey in the near term as travelers are facing sticker shock. The rapid Read more…