WTI oil opened with gap higher and rose around 3% during Asian / mid-European session on Thursday, lifted by the latest decision of President Trump to impose sanctions on two major Russian oil suppliers. The Read more…
Tesla’s (TSLA) latest earnings call felt a lot less about the numbers and more about the narrative. Tesla’s enigmatic CEO Elon Musk was swift to turn the spotlight from spreadsheets to strategy, describing the EV Read more…
It has not been the easiest year to be a low-cost airline. In September, Spirit Airlines has filed for bankruptcy for the second time in nine months, while Scandinavian carriers Play and Braathens shut down Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal Whether you’re buying some practical gifts Read more…
Retail sales rose 1.0% month-on-month (m/m) in August, matching Statistics Canada’s advanced estimate. After adjusting for inflation, the volume of retail sales increased 1.0% m/m. The gain was led by auto sales, with sales up Read more…
Markets Commodity markets take center stage today. First, there’s oil. Brent crude prices jumped from the low $60/b area at the start of the week to currently $66/b. The US and the EU joined last Read more…
Daily Pivots: (S1) 151.62; (P) 151.84; (R1) 152.18; More… USD/JPY’s rally is in progress and intraday bias stays on the upside for 153.26 resistance. Break there will resume larger rally from 139.87 to 100% projection Read more…
Daily Pivots: (S1) 0.7948; (P) 0.7961; (R1) 0.7973; More… Intraday bias in USD/CHF remains neutral and outlook is unchanged. With 0.7984 resistance intact, further decline is in favor. On the downside, below 0.7913 minor support Read more…
Daily Pivots: (S1) 1.3313; (P) 1.3350; (R1) 1.3394; More… Outlook in GBP/USD is unchanged. Intraday bias remains neutral and fall from 1.3725 could extend lower. Break of 1.3247 will target 1.3140 cluster (38.2% retracement of Read more…
Amazon did something big and hardly said anything. Coming just days after a high-profile AWS outage that disrupted services globally, the launch of Amazon Now in the United Arab Emirates couldn’t be better timed. The Read more…