Weaker PC markets and questions over its $69 billion acquisition of video game maker Activision will put even more pressure on Microsoft’s cloud division, including Azure, ahead of today’s third quarter earnings. Updated at 9:46 Read more…
Daily Pivots: (S1) 0.9564; (P) 0.9580; (R1) 0.9614; More…. USD/CHF continues to lose upside momentum as seen in 4 hour MACD and intraday bias is turned neutral first. Some consolidations could be seen. But downside Read more…
Daily Pivots: (S1) 1.0668; (P) 1.0741 (R1) 1.0786; More… Intraday bias in EUR/USD remains on the downside for 100% projection of 1.1494 to 1.0805 from 1.1184 at 1.0495. Firm break there will pave the way Read more…
Daily Pivots: (S1) 1.2679; (P) 1.2762; (R1) 1.2826; More… GBP/USD’s decline continues today and intraday bias stays on the downside for 100% projection of 1.3641 to 1.2999 from 1.3297 at 1.2655. Sustained break there will Read more…
Overall risk sentiment is mixed today with mild recovery in European stocks, even though US futures still point to lower open. Major global benchmark treasury yields are turning softer. Dollar, Swiss Franc and Yen are Read more…
US durable goods orders rose 0.8% mom to USD 275.0B in March, below expectation of 1.0% mom. Ex-transport orders rose 1.1% mom, above expectation of 0.5% mom. Ex-defense orders rose 1.2% mom. Computers and electronic Read more…
Welcome to Technical Tuesday, a weekly report where we highlight some of the most interesting markets that will hopefully appease technical analysts and traders alike. In this week’s edition, we are getting technical on the Read more…
Concurrency is a big topic in programming. The concept of concurrency is to run multiple pieces of code at once. Python has a couple of different solutions that are built-in to its standard library. You Read more…
The Canadian dollar has been on a nasty slide, falling around 2% since Thursday. There are no Canadian releases until GDP on Friday, which means that US releases during the week will have a significant Read more…
U.S. stocks are back in wait-and-see mode Tuesday ahead of key tech earning from Microsoft and Google after the close of trading. U.S. equity futures edge lower Tuesday, with the dollar holding gains against its Read more…