St. Louis Fed President James Bullard said yesterday that FOMC aggressive actions in 2022 and planned rate hike in 2023 has “returned inflation expectations to a level consistent with the Fed’s 2% inflation target.” “During Read more…
ECB Governing Council member Francois Villeroy de Galhau said yesterday, “it would be desirable to reach the right ‘terminal rate’ by next summer, but it is too early to say at what level.” “We’ll then Read more…
Key Highlights USD/JPY is attempting a recovery wave above the 131.50 resistance zone. A major bearish trend line is forming with resistance near 133.60 on the 4-hours chart. Gold remains well supported above the $1,820 Read more…
The US ADP Employment Change for December showed that 235,000 private jobs were added to the economy vs an expectation of +150,000. November’s print was revised higher from +127,000 to +182,000. Keep in mind however Read more…
AUDCAD reversed from resistance area Likely to fall to support level 0.9071 AUDCAD currency pair recently reversed down sharply from the resistance area located between the pivotal resistance level 0.9325 (top of the previous correction Read more…
The CEO of Tesla and Twitter has become one of the most influential voices in the Republican camp. Elon Musk can’t help it. The whimsical and visionary billionaire likes to interfere in sensitive issues. Lately Read more…
The tech industry is struggling as more layoffs occur. The tech industry should be prepared for the next two years to be challenging and face more roadblocks before it recovers, said Microsoft (MSFT) – Get Read more…
The past year has been very tough for major productions on the Las Vegas Strip and another one from an iconic creator is about to close. While the Las Vegas Strip has become famous for Read more…
Sony Honda Mobility debuts its Afeela electric vehicle, which it says ‘demonstrates a new relationship between people and mobility.’ Afeela, the electric vehicle developed by Honda and Sony (HNDAF) , made its debut at the Read more…