A 25-basis-point hike is priced in, but will the BoE deliver a surprise? When is the BoE monetary policy meeting? The Bank of England’s Monetary Policy Committee (MPC) will conclude its meeting on Thursday 16th Read more…
The move may push other cruise lines that sail from U.S. ports to follow. No industry suffered like the cruise industry during the pandemic. Yes, airlines, restaurants, theme parks, and hotels took major hits — Read more…
The IRS returned 96 million tax refunds worth billions. Why you shouldn’t get yours by overpaying. When you see headlines saying that the IRS has paid out more than 96 million tax refunds worth more Read more…
Ark Innovation ETF recently traded at $36.95, not far from its pandemic-low close of $34.69 on March 18, 2020. Asset manager Cathie Wood’s disruptive technology-stock picks are losing ground as inflation roars and bond yields Read more…
The Bitcoin hit the lowest in 18 months on Tuesday, in extension of Monday’s 15% drop, following weekly gap-lower opening and subsequent acceleration lower. Crypto’s remain under pressure from Fed rate hikes, while the latest Read more…
Coinbase stock has been crushed, but the chart finds a hint of optimism. Here are the levels to know now. The story in crypto has been decisively bearish in 2022, although that’s not unusual given Read more…
Markets Sterling isn’t having its best day. Cable touched its lowest level since March 2020 at 1.2064 and is extensively testing final support (1.2081; 76% retracement on 2020/2021 rally) before the March 2020 low at Read more…
Gold lost about 3% on Monday alone and touched $1809 at the start of trading on Tuesday. Yesterday’s sell-off provided us with four medium-term bearish signals on the daily timeframes. First, the daily candlestick completely Read more…
Stocks are pointing to a modestly stronger open with the Nasdaq set to lead after PPI cooled slightly in May. US futures Dow futures +0.3% at 30640 S&P futures +0.4% at 3770 Nasdaq futures +0.8% Read more…
Cable extends its steep fall into fifth straight day and dented pivotal Fibo support at 1.208 (76.4% of larger 1.1409/1.4249 Mar 2020/May 2021 rally), after fresh bearish signal was generated on Monday’s close below former Read more…