Account of the monetary policy meeting of the Governing Council of the European Central Bank held in Frankfurt am Main on Wednesday and Thursday, 9-10 March 2022 1. Review of financial, economic and monetary developments Read more…
Wall Street looks set to open cautiously higher Thursday as investors parse details of the Fed’s near-term strategy to tame the fastest inflation in forty years. U.S. equity futures edged higher Thursday, while the dollar Read more…
Even as the U.S. is finally seeing interest rates tighten, slightly, the blame games are continuing. With Fed now launched on a rate-hike cycle, even as inflation is accelerating, pundits and market watchers are offering Read more…
Samsung, the world’s biggest chipmaker, forecast stronger-than-expected first quarter profits despite a lull in global smartphone demand. Samsung Electronics forecast its strongest first profit in four years Thursday as surging chip demand offset uncertainties in Read more…
WTI oil futures have reached the 96.00 handle after the black liquid’s price deteriorated over the last two-weeks from the 116.62 level. It appears sellers are governing the commodity and are starting to throw some Read more…
Despite our initial scepticism, there seem to be signs that the latest bullish trend in oil is breaking down. The WTI price ended Wednesday below $100 and below the support line of the rising trend Read more…
The Euro remains firmly in red and extends the bear leg from 1.1184 (Mar 31 high), hitting one-month low at 1.0864 in European trading on Thursday. Wednesday’s close below pivotal Fibo support at 1.0895 (Fibo Read more…
HP is the last U.S. company to have piqued Warren Buffet’s interest this year as Berkshire Hathaway revealed a $4.2 billion stake in the printer and PC maker. HP Inc. (HPQ) – Get HP Inc. Read more…
Stock futures edge higher as markets digest Fed minutes impact; Russia nears bond default as dollar payments frozen; HP shares surge after Warren Buffett reveals $4.2 billion stake; Samsung sees record Q1 sales as chip Read more…
The pandemic hurt the mall business a lot, but this company has rebounded well, Real Money Columnist Paul Price argues. Some investors look for the big gains through hours of painstaking research, trying to find Read more…