UK PMI Services index was finalized at to 49.5 in October up fractionally from 49.3 in September, lingering in contraction territory for the third consecutive month. PMI Composite showed a minor improvement to 48.7 from Read more…
The Labor Department will publish its closely-tracked October jobs report Friday, with investors on high alert for any signs of latent inflation pressures amid the strongest rally of the year on Wall Street and a Read more…
U.S. equity futures nudged lower Friday as a disappointing set of fourth quarter earnings from Apple AAPL looks set to snuff out the strongest Wall Street rally of the year heading into a key reading of October Read more…
The Federal Reserve decided unanimously to maintain interest rates at 5.25-5.50%, a highly anticipated move that retains significant implications for monetary policy’s future course. Despite this decision, the FOMC refrained from definitively ruling out potential Read more…
The S&P500 jumped almost 2% to above its 200-DMA, and Nasdaq 100 gained 1.74% and tested its 50-DMA to the upside as the rally in the US sovereign bonds extended to another day. Apple disappoints 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. With November in full swing, we’re kicking off the biggest sales Read more…
USDCAD in the red after reaching 3-year high Aggressive rally since the July 14 low of 1.3091 Momentum indicators appear to support the current downleg USDCAD is moving lower today, registering its third consecutive red Read more…
Daily Pivots: (S1) 159.25; (P) 159.66; (R1) 160.26; More…. Intraday bias in EUR/JPY remains neutral for consolidation below 160.84. Outlook stay bullish as long as 157.67 support holds. Break of 160.84 will resume larger up Read more…
Daily Pivots: (S1) 1.6448; (P) 1.6587; (R1) 1.6671; More… Intraday bias in EUR/AUD remains on the downside at this point. Corrective rebound from 1.6319 could have completed at 1.6843 already. Deeper fall would be seen Read more…
Daily Pivots: (S1) 0.8684; (P) 0.8698; (R1) 0.8714; More…. Intraday bias in EUR/GBP remains neutral and outlook is unchanged. Consolidation from 0.8752 could extend further. Downside should be contained by 55 D EMA (now at Read more…