According to the second estimate of real GDP, first quarter growth declined by 1.5% quarter-over-quarter (q/q, annualized). This was a slight downgrade from the -1.4% suggested in the advance estimate released last month. The reading Read more…
Retail sales were flat in March, well below Statistics Canada’s preliminary estimate of a 1.4% gain. Making the story softer was the fact that volumes pulled back by 1.0% month-over-month (m/m). Statistics Canada’s flash estimate Read more…
Natural gas broke round resistance level 9.0000 Likely to rise to resistance level 9.65 Natural gas recently broke above the round resistance level 9.0000 (which stopped the earlier minor impulse wave 3 at the start Read more…
S&P 500 rising inside wave (iv) Likely to reach resistance level 4100.00 S&P 500 index earlier reversed up from the key support level 3900.00, standing near the lower daily Bollinger Band and the support trendline Read more…
GBPAUD reversed from support level 1.7620 Likely to rise to resistance level 1.7825 GBPAUD recently reversed up from the support level 1.7620, which is the lower boundary of the tight sideways price range inside which Read more…
US futures Dow futures +0.64% at 32340 S&P futures +0.6% at 4000 Nasdaq futures +0.028% at 11976 In Europe FTSE +0.05% at 7536 Dax +0.65% at 14127 Euro Stoxx +0.86% at 3707 GDP revised lower Read more…
Fubo, Hulu Live, and Sling were supposed to be alternatives to traditional cable. Traditional cable television has been losing customers for years. People have been cutting the cord because cable costs a lot of money, Read more…
Daily Pivots: (S1) 1.0633; (P) 1.0688 (R1) 1.0732; More… Intraday bias in EUR/USD stays neutral at this point. Another rise is still mildly in favor with 1.0563 minor support intact. Above 1.0748 will resume the Read more…
Daily Pivots: (S1) 1.2510; (P) 1.2551; (R1) 1.2620; More.. Intraday bias in GBP/USD remains neutral for the moment. On the upside, firm break of 1.2637 resistance will bring stronger rebound to 55 day EMA (now Read more…
Daily Pivots: (S1) 126.13; (P) 127.10; (R1) 127.85; More… No change in USD/JPY’s outlook as correction from 131.34 could still extend lower. But downside should be contained by 125.09 cluster support (38.2% retracement of 114.40 Read more…