“The tentative agreement reached tonight is an important win for our economy and the American people,” said President Joe Biden. President Joe Biden said Thursday that the White House has reached an agreement with union Read more…
Stock futures higher, dollar resumes climb; Retail sales data in focus amid gas price decline; Disney edges higher as CEO Chapek touts ESPN potential; Shell names renewables boss as new CEO and Ether slips lower Read more…
The Chinese culture says that one picture is worth a thousand words, and the exhibition below from the analysis of Goldman Sachs shows us all the drops in the U.S market, as well as their Read more…
Spot gold extends steep decline from $1735 lower top into third consecutive day, under renewed pressure from fresh strength of the dollar. US inflation rose above expectations in August, adding to expectations that Fed will Read more…
WTI futures rebounded off the eight-month low of 81.20 and reached the 20-day simple moving average (SMA) at 89.50. The technical oscillators are showing some contradicting signs. The MACD is surpassing its trigger line suggesting Read more…
EUR/USD Yesterday’s trading session was marked with low volatility as the bears couldn’t gain enough momentum to continue the downward movement, and the pair found a strong support zone at around 0.9959. At the time Read more…
Markets Yesterday, markets entered calmer waters after the massive sell-off in both bonds and equities triggered by higher than expected US August inflation data published Tuesday. Yields moves were much more moderate compared to Tuesday. Read more…
WTI crude rallied after a slower increase in US inventories. From the daily chart’s perspective, sentiment remains downbeat after the price broke below the key support at 86.00. The bears may see bounces as opportunities Read more…
The New Zealand dollar recovers over upbeat Q2 GDP. The pair came under pressure near a former support (0.6160) over the 20-day moving average. The long bearish candle is a sign of capitulation as the Read more…
The pound bounces back as Britain’s core CPI stayed stubbornly high in August. The sharp decline came to a halt at the base of a previous bullish breakout at 1.1480. The RSI’s oversold condition attracted Read more…