Daily Pivots: (S1) 114.54; (P) 114.77; (R1) 115.20; More… Intraday bias in USD/JPY remains neutral at this point and outlook is unchanged. Overall, corrective pattern from 116.34 is extending. Below 114.14 will target 113.46 and Read more…
WTI oil price surged through round-figure $90 resistance and hit new seven-year high above $92 per barrel on Friday. Geopolitical tensions over Ukraine and a winter storm in the United States fueled concerns about supply Read more…
Electric-vehicle leader Tesla’s CEO has thrown down a gauntlet for the coming year. Also robots. Tesla (TSLA) – Get Tesla Inc Report Chief Executive Elon Musk sometimes makes promises he can’t deliver or perhaps that Read more…
Canada employment dropped -200k in January much worse than expectation of -121k. Part-time jobs dropped -117k while full-time jobs dropped -83k. Unemployment rate rose by 0.5% to 6.5%, higher than expectation of 6.0%. That’s the Read more…
US non-farm payroll employment grew 467k in January, well above expectation of 150k. Prior month’s figure was also revised sharply up from 199k to 510k. Employment was still down -2.9m or -1.9% from its pre-pandemic Read more…
A massive beat for January jobs gains, as well as a big revision for the December tally, has Fed rate bets accelerating and stocks moving lower Friday. The U.S. economy added far more new jobs than Read more…
EURCAD bullish demeanour has strengthened significantly as the pair recently surged from the more than 5-year low of 1.4100 and is now tackling the 200-day simple moving average (SMA) at 1.4600. The longer-term 100- and Read more…
A massive beat for January jobs gains, as well as a big revision for the December tally, has Fed rate bets accelerating and stocks moving lower Friday. Updated at 8:44 am EST U.S. equity futures Read more…
Eurozone retail sales dropped -3.0% mom in December, much worse than expectation of -0.5%. Retail trade decreased by -5.2% for non-food products and by -0.3% for food, drinks and tobacco, while it increased by 0.1% Read more…
Major auto companies are going all electric, while reimagining their most beloved brands as environmentally friendly. And you thought you might never see them again. Several vehicles who made their names back in the glory Read more…