China’s CPI reflected a modest improvement in December, rising from -0.5% yoy to -0.3% yoy, slightly better than the expected -0.4% yoy. Despite this improvement, December marks the third consecutive month of negative CPI readings, Read more…
Chicago Fed Austan Goolsbee has highlighted the critical role of ongoing inflation data in shaping Fed’s future interest rate decisions. In an interview with Reuters, Goolsbee underlined that it is premature to make definitive decisions Read more…
Richmond Fed President Thomas Barkin told reporters after a speech overnight that the December CPI report was “about as expected. He noted a deceleration in the price rise for goods, while shelter and services costs Read more…
Cleveland Fed President Loretta Mester, in an interview with BloombergTV overnight, emphasized that March might be too soon to consider a rate cut, citing ongoing efforts to combat inflation. Mester expressed her view that more Read more…
AUDJPY reversed from resistance level 97.45 Likely to fall to support level 96.00 AUDJPY currency pair recently reversed down from the resistance level 97.45 (which has been reversing the pair from the middle of December). Read more…
FTSE 100 index reversed from resistance level 7700.00 Likely to fall to support level 7550.00 FTSE 100 index recently reversed down from the multi-month resistance level 7700.00 (which has been reversing the pair from the Read more…
Companies battle tooth and nail with one another to win customers’ business, and that’s true across many industries, including software. While most of this battling is over features, price, and service, sometimes, companies are accused Read more…
Beloved pharmacy CVS Health is planning to “realign” its retail footprint across the U.S. by closing dozens of its pharmacies in Target stores between February and April this year. “The closures are part of our Read more…
While Apple (AAPL) – Get Free Report regularly comes out with routine bug fixes, new product launches are a bit fewer and farther between. Take, for example, its hallmark product, the iPhone. Related: Target shoppers suddenly Read more…