Wall Street’s most-vocal bear sees a big correction for U.S. stocks coming, even as benchmarks continue to print records, but he sees the impending pullback as a chance to buy into the market’s next move forward. Read more…
The giant mainstream cruise lines have to balance longstanding customers who want cruises to be a certain way and newer, younger cruisers hoping for a more modern experience. Some older cruisers, of course, embrace change, Read more…
Recent rebound in WTI crude has remained below US$90/barrel which in turn led to a softening of inflationary expectations via the breakeven rates. A further downward drift in the 10-year US breakeven rate may a Read more…
The Australian dollar continues to show little movement this week. AUD/USD is trading at 0.6638 in the European session, up 0.02% on the day. Australia released mixed confidence indicators earlier today while there are no Read more…
GBPUSD is trading near 1.28, which has acted as an area of resistance in the pair since last December. At the same time, the range of fluctuations of the pound is narrowing, as since October, Read more…
ECB Governing Council member Fabio Panetta indicated today the “reduction of official rates could proceed gradually”, in line with the return of inflation towards the ECB’s target. Speaking to bankers in Rome, Panetta emphasized that Read more…
WTI oil price is easing for the third day, correcting lower from new multi-week high ($84.50, the highest since mid-Apr). Bulls lost traction after milder than expected impact of the hurricane on oil installations in Read more…
Check back for updates throughout the trading day U.S. equity futures moved higher again Tuesday, following on from another record high on Wall Street last night, as investors looked to the first of two key Read more…
Cable is holding within a narrow range under new multi-week high during European trading on Tuesday, as markets await today’s key event – the testimony of Fed Chair Powell. Long upper shadow of Monday’s daily Read more…
Hello fellow traders. In this article we’re going to take a quick look at the Elliott Wave charts of DAX published in members area of the website. As our members know DAX is showing impulsive Read more…