NFIB’s Small Business Optimism Index rose 1.3 points to 91.9 in December, coming in above market expectations for a modest increase. Despite the increase, the index was still 6 points below its historical average of Read more…
The week of Jan. 7 began with another bit of news as the aviation world roils over the grounding of the Boeing 737 Max 9 (BA) – Get Free Report after a door panel blew out Read more…
Daily Pivots: (S1) 1.0922; (P) 1.0951; (R1) 1.0978; More… Range trading continues in EUR/USD and intraday bias remains neutral at this point. On the downside break of 1.0876 will resume the fall from 1.1138 short Read more…
While the Alaska Airlines (ALK) – Get Free Report that had a window blown out seven minutes after takeoff was able to make a safe landing from 16,000 feet above ground, the aftershock of the emergency Read more…
Daily Pivots: (S1) 0.8453; (P) 0.8488; (R1) 0.8516; More…. USD/CHF is extending the consolidation from 0.8332 and intraday bias stays neutral. While recovery could extend higher, outlook will stay bearish as long as 0.8665 support Read more…
Daily Pivots: (S1) 143.63; (P) 144.27; (R1) 144.89; More… Range trading continues in USD/JPY and intraday bias stays neutral. On the upside, above 145.97 will resume the rebound from 140.25. But upside should be limited Read more…
Daily Pivots: (S1) 1.2692; (P) 1.2729; (R1) 1.2786; More… GBP/USD is extending sideway trading below 1.2826 and intraday bias remains neutral. On the upside, decisive break of 1.2826 high will resume whole rally from 1.2036. Read more…
Currency trading today remained lackluster, characterized by limited movements across major pairs and crosses. Key economic data releases, ranging from Japan’s Tokyo CPI, and retail sales figures from Australia and the Eurozone, to trade balance Read more…
Updated at 9:45 AM EST Albertsons (ACI) – Get Free Report posted stronger-than-expected third quarter earnings Tuesday while maintaining its dividend, but the grocer cautioned that consumer spending on food staples could slow into the coming Read more…
US goods and services exports fell -1.9% mom to USD 253.7B in November. Imports fell -1.9% mom to USD 316.9B. Trade deficit narrowed slightly from USD -64.5B to USD -63.2B, smaller than expectation of USD Read more…