It’s not a bank, yet it could do well in the wake of Fed rate hikes, Real Money Columnist Stephen ‘Sarge’ Guilfoyle argues. In a rising rate environment, about the only companies you might expect Read more…
Stock futures lower, bond yields surge on hawkish Fed concerns; Fed minutes: balance sheet run-off in focus as rate bets hold; Musk refiles SEC paperwork, indicates ‘active’ role from Twitter stake; JetBlue makes $3.6 billion Read more…
NZDUSD’s upside momentum has softened above the simple moving averages (SMAs) after a persisting two-month uptrend spiked toward the upper Bollinger band at 0.7033. The negative slopes of the longer-term 200- and 100-day SMAs have Read more…
ECB Executive Board member Fabio Panetta said in a speech that the high inflation in Eurozone is “mostly due to global factors – including the increase in the prices of oil, gas and other commodities Read more…
Eurozone PPI rose 1.1% mom, 3.1.4% yoy in February, below expectation of 1.3% mom, 31.6% yoy. For the month, industrial producer prices increased by 1.6% for intermediate goods, by 1.3% in the energy sector, by Read more…
UK PMI Construction was unchanged at 59.1 in March, better than expectation of 57.3. The latest reading signalled the join-fastest rate of output growth since June 2021. However, business optimism dropped to 17-month low. Tim Read more…
Would you like to accept Apple Pay on your WordPress site? Over the last several years Apple Pay has significantly grown in popularity, and now there are several easy ways to offer Apple Pay as Read more…
The US Dollar started a steady upward move above the 123.00 resistance against the Japanese Yen. The USD/JPY pair traded above the 123.20 level to move into a bullish zone. The pair even traded above Read more…
ECB Vice President Luis de Guindos said in a speech, “for the euro area, the financial stability impact of the war has so far been relatively contained.” And, “markets have generally been functioning well”, with Read more…
Gold has been trending downwards since early March when the price peaked at the 19-month high of 2,070. Although the price managed to halt its decline and currently experiences a consolidation phase, the technical picture seems Read more…