The Reserve Bank lifted the OCR another 50 basis points to 2.50% as expected, and it remains focused on the risks of persistent inflation in a capacity-constrained economy. RBNZ Monetary Policy Review, July 2022 The Read more…
AUDCAD reversed from key support level 0.8750 Likely to rise to resistance level 0.8900 AUDCAD currency pair recently reversed up from the key support level 0.8750 (low of the previous minor impulse wave (i) from Read more…
USDCAD reversed from resistance level 1.3055 Likely to fall to support level 1.2950 USDCAD currency pair recently reversed down from the pivotal resistance level 1.3055 (which has been repeatedly reversing the pair from the start Read more…
The much obsessed about psychological level was tagged today. We haven’t seen a follow through to decisively breach 1 just yet, but it looks like the higher probability scenario. Read below to find out more. Read more…
The German ZEW was the latest report to send recession fears through the commodities markets, knocking Crude Oil $7 lower, back below the psychological $100 level in WTI Crude Oil. The headline print was -53.8 Read more…
The rivalry between the former U.S. president and the richest man in the world is escalating. Who will back down first, Donald Trump or Elon Musk? The war between the two prolific tweeters over the Read more…
Generally the trends on gasoline are better for consumers, but in some states, prices remain stubbornly high. Americans have been seeing a welcome, if gradual, decline in gasoline prices over the past month. Since peaking Read more…
The chain really wants to make its customers forget the Mexican Pizza debacle. Taco Bell has no off season. While its fast-food rivals slow down their new menu items during the summer months or limit Read more…
Howard Schultz may be an interim CEO, but he’s not just keeping the seat warm. Starbucks’s (SBUX) – Get Starbucks Corporation Report interim CEO Howard Schultz says he has a new vision and new principles for Read more…