Key insights from the week that was. Updates on the consumer, housing and investment kept Australian market participants busy this week. While new information for the US argued for greater caution from policy makers. Domestically, Read more…
Key Highlights USD/JPY declined sharply and traded below the 138.00 support. A crucial bearish trend line is forming with resistance near 137.80 on the 4-hours chart. EUR/USD and GBP/USD gained bullish momentum and traded to Read more…
For much of the year, Gold (XAU/USD) has been inversely correlated with the US Dollar, in particular, the US Dollar Index (DXY). That is to say that when the DXY moves higher, Gold tends to Read more…
…time for a reality check? The GBP/USD has stormed higher in recent weeks thanks to a combo of weak US dollar and firmer sentiment across the financial markets. But after a 19% rally from its Read more…
PepsiCo makes first run with futuristic high-speed vehicles Elon Musk delivered the first of Tesla’s long-promised electric semi trucks on Dec. 1 to PepsiCo. The trucks arrived years later than Musk had initially forecast, but Read more…
Car buyers still face shortages and rising prices. Buying a used car remains expensive even as supply chain bottlenecks have eased up, pushing the average loan amount to $28,506. Consumers are still relying heavily on Read more…
Twitter is desperate for revenue. It has a $13 billion debt burden, but hasn’t showed a profit for eight of the last 10 years. If Twitter is going to make it as a successful company, Read more…
The new variant may be even more magically delicious. The creators of products that have been popular for decades have a unique challenge on their hands. That challenge is to find ways to continue to Read more…
Despite the slowing economy, the battle to control the iconic 4.2-mile stretch of road continues. When people think of the players that dominate the Las Vegas Strip, their thoughts generally turn to Caesars Entertainment (CZR) Read more…