Richmond Fed President Thomas Barkin, in an interview with Fox Business overnight, noted the positive aspects of the current economic situation, stating, the economy is “still growing” while unemployment is “still 3.9%”, and “inflation does Read more…
FOMC minutes likely to be seen as out-of-date following recent soft data But hawkish surprise can still jolt markets as Fed rate cut bets seem overdone Can the minutes due Tuesday (19:00 GMT) offer the Read more…
WTI reversed from pivotal support level 74.00 Likely to rise to resistance level 80.00 WTI crude oil recently reversed up from pivotal support level 74.00 (former resistance from May and June) intersecting with the lower Read more…
CADJPY reversed from the long-term resistance level 110.30 Likely to fall to support level 107.50 CADJPY currency pair recently reversed down from the long-term resistance level 110.30 (former yearly high, Double Top from last year) Read more…
CHFJPY climbed to new record highs last week But got rejected and has retreated a little since Overall trend remains overwhelmingly positive CHFJPY rose to its highest levels in at least four decades last week, Read more…
Last year’s hyper-successful launch of OpenAI’s ChapGPT ignited the artificial intelligence revolution. A generative AI app, ChatGPT hinted at AI’s potential by quickly searching, parsing, and creating content on just about anything. While OpenAI quickly Read more…
German 40 index takes a breather after dynamic rally Selling pressures expected to intensify below 15,800 The German 40 index (cash) marked a three-week bullish streak, running from seven-month lows to a two-month high of Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Not only is Amazon’s Black Friday sale the perfect time to Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. The official kickoff to the holiday shopping season is just days Read more…