Chicago Fed President Charles Evans said yesterday that 50bps rate hike in May is “obviously worthy of consideration; perhaps it’s highly likely even if you want to get to neutral by December.” But he also Read more…
Key Highlights GBP/USD settled below the 1.3120 pivot level. A key bearish trend line is forming with resistance near 1.3075 on the 4-hours chart. EUR/USD is facing an uphill task near 1.0950. The US CPI Read more…
At 11 am Sydney time tomorrow, the RBNZ will announce either a 25bp or an inflation-busting 50bp rate hike in what will be a very close call. It’s been six weeks since the last RBNZ Read more…
Most are expected a hike of 50bps; however, some are hoping that it may hike as much as 75bps! The Bank of Canada meets on Wednesday to decide how much it should raise interest rates. Read more…
Precious metals and other commodities continue their bullish run as a result of inflationary pressure and war in Ukraine. In this article, we will take a look at Platinum. Platinum is considered as a precious Read more…
Short term Elliott Wave view in S&P 500 (SPX) suggests that the decline from January 4, 2022 is unfolding as a double three Elliott Wave structure. Down from January 4 peak, wave ((W)) ended at Read more…
USD/JPY soared to new heights on Monday as the Bank of Japan pledged overnight to keep interest lows against the backdrop of rising US bond yields. The latest swing higher put USD/JPY within a whisker Read more…
TikTok leaves Twitter and Snapchat in the dust but lags behind Meta. It’s younger, cooler and, now, more lucrative for advertisers than the social media sites of an earlier generation. According to a recent report Read more…
Home design and products maker sees under-appreciated segment performing well. A retailer well known for its home design and kitchen products is finding success in an under-appreciated way, according to the company’s CEO. Williams-Sonoma (WSM) Read more…