Today’s monetary policy decision by the Bank of Canada could be the last time we will see the North American central bank raise rates in this hiking cycle. As my colleague Fiona reported earlier, the Read more…
Daily Pivots: (S1) 1.0850; (P) 1.0874; (R1) 1.0913; More… Intraday bias in EUR/USD is turned neutral first but further rally is expected with 1.0765 support intact. Break of 1.0925 will resume the rally from 0.9534 Read more…
Australian Dollar remains the strongest one for today, maintaining most of post-CPI gains. But Yen is catching up with broad based recovery. Euro softens despite improvement in German business climate, and Sterling is trading lower Read more…
“Demand across our portfolio is strong, and we remain focused on driving stability in our operations and within the supply chain to meet our commitments in 2023 and beyond,” said CEO Dave Calhoun. Updated at Read more…
“The upcoming call and guidance commentary (will be) one of the most important moments in the history of Tesla and for Elon Musk himself,” said Wedbush analyst Dan Ives. Tesla (TSLA) – Get Free Report shares Read more…
“We met or surpassed all of our profitability targets for the year all while investing at record levels,” said CEO John Stankey. Updated at 7:48 am EST AT&T Inc. (T) – Get Free Report posted better-than-expected Read more…
AUD is the mover of the day after CPI yoy jumped unexpectedly to 8.4% in Australia up from 7.3%. Thats big and can potentially mean that RBA will be foreced to riase rates further. AUDUSD Read more…
“We are seeing customers exercise caution in this environment, and we saw results weaken through December,” said CFO Amy Hood. Microsoft (MSFT) – Get Free Report shares slumped lower Wednesday after the tech giant’s near-term outlook for Read more…
The New Zealand dollar is under pressure on Wednesday. In the European session, NZD/USD is trading at 0.6478, down 0.41%. Markets eye New Zealand CPI The New Zealand dollar reacted negatively to today’s CPI release, Read more…
Stock futures lower as U.S. earnings underwhelm; Microsoft slumps as cloud outlook offsets Q2 earnings beat; Tesla earnings on deck with price cuts, margins in focus; Boeing set to return to profit as orders build, Read more…