The spring wage decision will reflect cyclical factors rather than a structural shift leaving little reason for the BoJ to consider contractionary action. The Bank of Japan and financial markets are eagerly awaiting the Shunto Read more…
AUDJPY reversed from key support level 97.20 Likely to rise to resistance level 98.50 AUDJPY currency pair recently reversed up from the key support level 97.20 (which stopped the previous minor corrections iv and a, Read more…
Silver broke key resistance level 24.50 Likely to rise to resistance level 25.5 Silver today broke the key resistance level 24.50 (which stopped the previous minor ABC correction 2 as can be seen below). The Read more…
The electric vehicle industry is battling for a small piece of the automobile market pie as it recorded only about 1.2 million in EV purchases in the U.S. or 7.6% of all vehicle sales in Read more…
Copper wins nearly 3.0% on production cuts Overbought signals detected around key resistance Copper futures (May delivery) surged to an almost one-year high of 4.04 on Wednesday after China’s biggest producers agreed on a rare supply Read more…
Nvidia (NVDA) shares extended their recent run of declines Wednesday, marking an 8.5% drop from the all-time high they reached last week. But the world’s biggest AI-chip maker is starting to exhibit moves that could Read more…
Cathie Wood, head of Ark Investment Management, is doing quite well in the fame game. Known to her devotees as Mama Cathie, Wood rocketed to prominence thanks to a stupendous return of 153% in 2020 Read more…
TheStreet’s J.D. Durkin brings the latest business headlines from the floor of the New York Stock Exchange as markets close for trading Monday, March 13. Full Video Transcript Below: J.D. DURKIN: I’m J.D. Durkin reporting from Read more…
The automotive safety organization, the Insurance Institute for Highway Safety (IIHS) is continuously revamping the way it tests new cars for safety and has included a key piece of revolutionary in-car technology in its thorough Read more…