Markets Early this morning, it looked that the congruent sell-off in bond and equity markets would simply continue going into the US March inflation release. At 2.83%, the US 10-y yield touched the highest level Read more…
The US consumer price index has updated its record since 1981, accelerating to 8.5% y/y from 7.9% a month earlier and slightly stronger than the 8.4% average analysts forecast. However, yesterday’s White House warning of Read more…
Consumer price inflation continued to accelerate in March, rising 1.2% month-on-month (m/m) – the fastest month-over-month pace since September 2005. On a year-over-year (y/y) basis, inflation was 8.5%, marking yet another multi-decade high. Gasoline prices Read more…
Stocks rise even though headline inflation jumps to 8.5%. USD falls. US futures Dow futures +0.65 % at 34507 S&P futures +1.22% at 4463 Nasdaq futures +1.8% at 14262 In Europe FTSE -0.3% at 7635 Read more…
Photo by Amelia Holowaty Krales / The Verge Hi, everyone. Before we get into the news today, I have a very exciting announcement to share. Later this month, Ariel Shapiro will join Hot Pod as Read more…
Photo by Vjeran Pavic / The Verge Apple is planning an expansion to the iPhone health app this year that would include additional sleep tracking and a tool to remind people to take medication, Bloomberg Read more…
Crypto investors are bailing from these riskier assets as recession fears intensify. The crypto market is once again at a crossroads. In particular, will bitcoin resume its rally or are too many headwinds pushing it Read more…
Daily Pivots: (S1) 1.0860; (P) 1.0897 (R1) 1.0920; More… Intraday bias in EUR/USD remains neutral at this point. Further decline is in favor with 1.0987 minor resistance intact. On the downside, decisive break of 1.0805 Read more…
Daily Pivots: (S1) 1.2993; (P) 1.3025; (R1) 1.3061; More… Intraday bias in GBP/USD is turned neutral as it turns into consolidation after hitting 1.2981. Outlook will stay bearish as long as 1.3165 resistance holds. Break Read more…
Daily Pivots: (S1) 124.36; (P) 125.07; (R1) 126.10; More… Intraday bias in USD/JPY is turned neutral with 4 hour MACD crossed below signal line. On the downside, break of 124.66 minor support will bring deeper Read more…