On one hand, it’s not linked, but you can’t deny what has happened to the market in the past. Most experts agree that the stock market’s direction is determined by fundamentals. Strong earnings, usually accompanied Read more…
Apple stock is rallying nicely on earnings, but it will soon face a key resistance area. Here are the must-know levels now. Apple (AAPL) – Get Apple Inc. Report helped lend some stability to the Nasdaq Read more…
A major ad-buyer says clients are taking steps in the event the former president is allowed to tweet again. Shortly after the Jan. 6, 2021 attack on the U.S. Capitol, Twitter (TWTR) – Get Twitter Read more…
Before the data release on Friday morning, Fed whisper Nick Timiraos of the Wall Street Journal tweeted that “while the Fed isn’t data-point dependent and the decision for next week of 75bps seems unlikely to Read more…
Another extraordinary week is coming up. The Fed is almost certain to raise rates, putting the spotlight on Chairman Powell, who needs to open the door for a smaller rate hike in December without giving Read more…
Fed Preview: Too Early for a Pivot We expect Fed to hike by 75bp next week, which is fully priced in by the markets. The recent soft macro data and the WSJ article suggesting that Read more…
We saw flatter yield curves this week on a string of weaker than expected US data releases. Particularly the housing market is increasingly getting attention as the surge in mortgage rates weighs heavily, with new Read more…
Spot gold price was down around 1.5% by early US trading on Friday, pressured by stronger dollar on growing expectations that the Fed will deliver another 75 basis point hike in the policy meeting next Read more…
The Swiss franc is in negative territory for a second straight day. In the European session, USD/CHF is trading at 0.9975, up an impressive 0.69% on the day. Swissie weakens on KOF barometer The KOF Read more…
BTCUSD (Bitcoin) has been in a downtrend after the price failed to surpass the 25,200 region in mid-August. Although the king of cryptocurrencies has been trading within a tight range in the past month, it Read more…