The euro is flat on Wednesday, putting the brakes on a nasty four-day slide. EUR/USD dipped below the 1.09 line in the Asian session before recovering. ECB’s Panetta warns about stagflation Inflation has been skyrocketing Read more…
Analog Devices says it’s capitalizing on the strong growth of electrification, digitization, automation, and connectivity. The Action Alerts Plus team offered comments Wednesday about several stocks that were recipients of good news–much of it indirect.. Read more…
The euro is having a tough time as it remains heavily dependent on the risky Ukrainian war factor. Prospects for an economic recession are growing larger, but with inflation soaring at the same time, the Read more…
Markets Fed board member and vice-governor to-be Brainard’s speech yesterday still reverberated through financial markets today. She buried her outspoken dovish signature and now carries the hawkish banner high up in the sky. Her comments Read more…
Will the Tesla billionaire shake up the Twitter boardroom? Sparks are bound to fly at social media company Twitter’s (TWTR) – Get Twitter, Inc. Report next board meeting in a little over two weeks in San Read more…
EV manufacturer Rivian is facing difficulties in managing an increase in its production rates. Rivian (RIVN) – Get Rivian Automotive, Inc. Class A Report is hoping that its second quarter will be less eventful than its Read more…
EURGBP is seeing lingering downside risks despite an increase in buying interest around the 0.8327 level, which unfolded slightly below the simple moving averages (SMAs). That said, from the beginning of the year, the broader Read more…
US stocks are set to fall with the NASDAQ100 underperforming on hawkish Fed expectations. FOMC minutes are due later. US futures Dow futures -0.75 % at 34390 S&P futures -1% at 4480 Nasdaq futures -1.64% Read more…
After mixed quarterly results, Real Money Columnist Stephen ‘Sarge’ Guilfoyle views this industry player as a trading vehicle rather than as an investment. Shipping and logistics remain challenging as supply chain bottlenecks and employment issues Read more…
Daily Pivots: (S1) 1.0874; (P) 1.0932 (R1) 1.0963; More… Intraday bias in EUR/USD remains on the downside for retesting 1.0805 low. Firm break there will resume larger down trend from 1.2248. Next target is 61.8% Read more…