The Double Down was recently spotted at KFC restaurants again. While fast food is almost always meant to be indulgent, there are the menu items that go beyond what a human being can reasonably consume and cross Read more…
In the exchange-traded-fund space, more actively-managed funds are entering the market. Research shows that over the long term, the returns of actively traded mutual and exchange-traded funds rarely beat passive index funds. For 20 categories Read more…
EURGBP is recovering from three-month lows after yesterday sinking to 0.8339, suggesting that a new support base has been formed around 0.8340. This level is above the 78.6% Fibonacci retracement of the March-June uptrend at Read more…
The euro has edged lower and is trading at 1.0138 in the North American session, down 0.27% on the day. Eurozone retail sales, Services PMI fall Today’s Eurozone data de-accelerated, which is bound to raise Read more…
A federal Judge in California is allowing a lawsuit against Visa to proceed, and a prominent CEO and hedge fund manager has now weighed in on the matter. The suit, titled Serena Fleites v. MindGeek Read more…
Markets FOMC member Bullard join the hawkish parade kickstarted by Daly, Mester and Evans yesterday. This morning he reiterated his views of a policy rate at 3.75-4% by the end of the year and said Read more…
US ISM Services PMI rose from 55.3 to 56.7 in July, above expectation of 53.5. Business activity/production rose from 56.1 to 59.9. New orders rose from 55.6 to 59.9. Employment rose from 47.4 to 49.1. Read more…
The Carnival cruise line very quietly has made a major onboard improvement that customers will love. Taking a cruise means leaving the real world behind. Once your ship sails away, you can put your phone Read more…
Following Tuesday’s sharp rebound in US dollar – most notably against the yen – and bond yields, investors will be watching the markets closely to see if there will be any follow through in that Read more…
Daily Pivots: (S1) 1.0122; (P) 1.0208; (R1) 1.0252; More… Intraday bias in EUR/USD stays neutral and further rise will remain in favor as long as 1.0095 support holds. Rebound from 0.9951 will target 1.0348 support Read more…