In the eyes of bond markets, the front-loading of interest rate hikes will potentially lead to a recession. As investors await the FOMC meeting on Wednesday, it is a good idea to keep an eye Read more…
EURCHF reversed from support area Likely to rise to resistance level 0.9940 EURCHF currency pair recently reversed up from the support zone located between the pivotal support 0.9820 (which stopped wave 3 in the middle Read more…
Natural gas broke resistance level 7.960 Likely to rise to resistance level 9.000 Natural gas recently broke through the resistance level 7.960 (top of the previous wave (iv) from the middle of June) intersecting with Read more…
The Canadian dollar has started the week with gains. USD/CAD is trading at 1.2852 in the North American session, down 0.54% on the day. Canada’s retail sales sparkle Canada released June retail sales on Friday, Read more…
AUD/USD is balancing at 0.6083 on Monday. The bulls managed to break the descending channel and they stand a good chance of starting a new ascending tendency in the near future. The RBA Governor is Read more…
A House committee this week is expected to advance a bill on stablecoins, while analysts say high-profile cases may spur crypto-rule-making. Cryptocurrency prices were lower on July 25, while a congressional committee looks to advance Read more…
This plant-based restaurant poses major competition for Sweetgreen as the two healthy restaurants go head to head in the same locations. The plant-based protein market has exploded in the last five years, with estimates saying Read more…
Markets European and US yields tanked on Friday after PMIs suggested the economy on both continents is contracting. Those market moves happened against the backdrop of the ECB ending an era of negative rates by Read more…
The financial market is moving slightly against the main news flow, showing signs of recovery in demand for risky assets while data is getting worse. According to the latest Ifo report, business sentiment in Germany Read more…
The dollar index came under pressure on fresh risk mode and weighed by recession fears amid Fed’s aggressive rate hike path that threatens of further slowdown of the economy. Fresh bears pressure last Friday’s two-week Read more…