The index has slumped 12% so far this month through Friday, leaving it below the previous record January fall of 10% in 2008. Things are looking bad for technology stocks, as bond yields have risen Read more…
Despite bitcoin’s price drop, Metaverse and gaming-related tokens have stayed resilient, one industry analyst says. Cryptocurrency prices was down Monday, continuing the bad news that has rocked the sector, but one analyst sees possibilities in Read more…
Daily Pivots: (S1) 0.9291; (P) 0.9310; (R1) 0.9331; More…. Intraday bias in USD/CHF is turned neutral with current retreat. Overall, with 0.9090 support intact, choppy rise from 0.8925 should extend higher. On the upside, above Read more…
Daily Pivots: (S1) 1.3363; (P) 1.3398; (R1) 1.3430; More… Intraday bias in GBP/USD is turned neutral with current recovery. But further decline is expected with 1.3523 minor resistance intact. As noted before, rebound from 1.3158 Read more…
The Yum fast-food brand Taco Bell wants to make sure its store leaders look like the people who eat and work in its restaurants. Adding diversity to the ranks of management and franchise ownership requires Read more…
Today we have seen the first slowdown in annual inflation in seven months, but the data is better than expected. In January, consumer prices rose 0.4%, up 4.9% on the same month a year earlier. Read more…
Stocks are set for a mixed start as geopolitical concerns and central banks remain in focus. US futures Dow futures -0.35% at 34600 S&P futures -0.20% at 4423 Nasdaq futures +0.25% at 14488 In Europe Read more…
Stock indices consolidate January’s heavy losses; Eurozone bond yields spike January has been a rough month for global stock markets as more central banks prioritized their price objectives amid the inflation storm, with the Fed Read more…
The euro is calm on Monday, after enduring a brutal week. The US dollar was broadly higher last week and steamrolled over the euro, as EUR/USD fell 1.72%. On Friday, the euro dropped as low Read more…
Daily Pivots: (S1) 1.1121; (P) 1.1148; (R1) 1.1173; More… Intraday bias in EUR/USD is turned neutral with current recovery. Some consolidations could be seen but upside should be limited well below 1.1482 resistance. On the Read more…