Stock futures on down Wednesday following a two-day rally that had pulled Wall Street out of the September slump. Stock futures were down Wednesday following a two-day rally that had kicked off the the final Read more…
Unlike the RBA yesterday, the Reserve Bank of New Zealand met expectations by raising its key rate by 50 points to 3.5%. Having started raising the rate a year ago, the RBNZ accelerated the move Read more…
The WTI oil is consolidating within a narrow range on Wednesday, after the recent recovery rally peaked at $86.94 (the highest since Sep 15), taking a breather ahead of today’s OPEC+ meeting, which is expected Read more…
Bike riding is fun, healthy and can save you money, but getting where you want to go and getting there in one piece depends heavily on a city’s infrastructure. There are a billion bicycles in Read more…
S&P500 index futures are trading 6% above the lows set at Monday’s start of the day. Such a solid start for the new month, quarter and financial year in the US is helped in no Read more…
Gold drifted lower and back into the broken 2022 bearish channel after its two-day exciting rally stalled at 1,729 – the highest since September 13. The RSI and the stochastics have abandoned the overbought region, raising Read more…
Bulls are taking a breather under new highest since Sep 15 as recent rally faced headwinds on approach to 1.1500 barrier. Fundamentals work in favor of pound, as U-turn in government’s plan to cut tax Read more…
Stock futures dropped on Wednesday, breaking a strong start to Q4; Elon Musk decides to bid for Twitter after all, OPEC+ is said to consider slashing oil production, Tesla makes a tech change in its Read more…
According to an Ifo survey, price expectations of German businesses rose from 48.1 to 53.5. The balance is obtained by subtracting the percentage of companies that want to lower their prices from the percentage of Read more…
UK PMI Services was finalized at 50.0 in September, down from August’s 50.9, weakest reading since February 2021. PMI Composite was finalized at 49.1, down from prior month’s 49.6, lowest since January 2021. Tim Moore, Read more…