Boston Fed President Susan Collins indicated that the Fed is likely to keep interest rates steady “for some time”, pointing to improving labor market conditions and unresolved inflation pressures. In remarks delivered at at event overnight, she Read more…
Samsung (SSNLF) users are growing suspicious. And for good reason. Users are jumpy whenever you mention anything related to security. For the users, it looks like anything that is coming up from the point of Read more…
Summary China’s rise to the world’s largest economy is again delayed. We now estimate China overtakes the U.S. to become the largest economy in the world in 2049, pushed out from a prior estimate of Read more…
USDJPY jumped 0.9% on Tuesday after Japan PM Takaichi raised concerns about BoJ’s further interest rate hikes that collides with wide market expectations for increase in borrowing cost by 1% in the first six months Read more…
I want to let prospective homebuyers and homeowners considering refinancing their mortgages know of an intriguing new development regarding mortgage rates reported by Mortgage News Daily. From what I’ve observed through my years of reporting Read more…
Dow Jones: ⬆️ Buy Dow Jones reversed from support zone Likely to rise to resistance level 50500,00 Dow Jones index recently reversed up from the support zone between the key support level 48760,00 (which has Read more…
AUD/USD experienced a tug-of-war session on Tuesday as market participants navigated a complex landscape of hawkish domestic policy expectations and rising global trade uncertainty. The AUD/USD pair hovered around the 0.7040 – 0.7070 region, struggling Read more…
USD/CAD is testing a critical confluence level at 1.3728, a key resistance area. The pair’s rise is primarily driven by a resurgent US Dollar and stronger-than-expected US economic data. Key catalysts to watch are the Read more…
Microsoft (MSFT) stock has lost about 20% year to date, at the time of writing, Tuesday afternoon, Feb. 24, according to Yahoo Finance. Meanwhile, the SPDR S&P 500 index (SPY) is up about 0.7% in Read more…
The S&P 500 has been churning between 6,700 and 7,000 for months as rotation out of high-flying technology stocks has been offset by rotation into less-exciting baskets, including energy, health care, and consumer staples. The Read more…