Politics is once again temporarily becoming the main driver for the single currency. EURUSD returned to 1.0925 on Monday, gaining 0.8% from Friday’s lows on reports that incumbent Macron is ahead of far-right Le Pen Read more…
Markets The new week starts the way it ended last Friday: with a new bond sell-off. The trend of higher yields is definitely not new but received new impetus from the Fed and ECB Meeting Read more…
The euro clawed its way back to the 1.09 line on Monday but has retreated. EUR/USD fell 1.57% last week and hasn’t had a winning session in the month of April. It’s Macron vs. Le Read more…
As UK GDP grew merely 0.1% mom in Q2, NIESR said the final forecast for Q1 is for growth of 1.0% only. The initial nowcast for the second quarter of 2022 is for GDP unchanged Read more…
If Nevada won’t help, will Caesars, MGM, Wynn, and other casinos help build a stadium? Las Vegas has become a sports destination. Sin City has the National Hockey League’s Las Vegas Golden Knights, who call Read more…
Early on Wednesday the Reserve Bank of New Zealand will begin its monetary policy meeting and it could be significant as it could become the first central bank to hike interest rates by a sizeable 50 basis points. After raising Read more…
The US 500 stock index (Cash) is consolidating slightly north of the 4,446 level, which is the upper part of a support border and coincidentally the 38.2% Fibonacci retracement level of the up wave from Read more…
US stocks fall with the Nasdaq under performing as expectations of a more hawkish Fed continue to drive the markets. Oil tumbles, US futures Dow futures -0.35 % at 34707 S&P futures -0.22% at 4513 Read more…
Tesla’s March China sales were up 85% from last year, but overall sales in the world’s biggest car market slumped lower amid Covid-linked plant closures and consumer restrictions. Tesla (TSLA) – Get Tesla Inc Report shares Read more…
On Monday 11 April, EUR/USD remains weak; the asset is currently trading at 1.0892. The Monetary Policy Meeting Accounts published by the European Central Bank last week said most policymakers believed that the regulator should Read more…