The sneaker giant has shaken up its business model and the risk appears to be worth it. Cool sneaker maker Nike’s (NKE) – Get NIKE, Inc. Class B Report big bet to consciously move away from Read more…
US 10-year yield gaps up today and it’s trading up 0.068 at 2.383 at the time of writing. An immediate focus is 100% projection of 1.343 to 2.065 from 1.682 at 2.404. Sustained break there Read more…
Markets Today, investors still weighed the consequences Fed Chair Powell’s hawkish comments flagging a 50 bps rate hike in May and, why not, maybe also in June. Even after yesterday’s sharp rise in the US Read more…
Detroit giant GM, led by CEO Mary Barra, is on the offensive in the race for vehicle electrification. The race for electric vehicles is intensifying every day, with multiple announcements coming from legacy automakers as Read more…
The New Zealand dollar is up sharply on Tuesday. In the North American session, NZD/USD is trading at 0.6943, up 0.83% on the day. NZ consumer sentiment falls sharply Westpac Consumer sentiment slowed for a Read more…
USD/JPY broke above 120 for the first time since 2016 in early Tuesday trading. This latest leg higher comes as the US Federal Reserve doubles down on its commitment to do whatever it takes to Read more…
The US 100 stock index (cash) has been recovering on the four-hour chart, managing to erase some of its recent decline. Although the price has been moving sideways in the last few sessions, the ascending Read more…
Spot gold stands at the back foot following comments from Fed Chair Powell, which signal hawkish approach in tackling soaring inflation and lifted dollar. The metal’s price moved towards the lower boundary of the range Read more…
Cruise line Royal Caribbean does something that will make many of its customers very happy. A cruise has more moving parts than most vacations. If, for example, you hope to take your family to Walt Read more…
The automaker looks to kick gasoline cars to the curb as it competes with Tesla and Ford. Volkswagen (VWAGY) – Get Volkswagen AG Report is revving up its plans to compete with the likes of Tesla Read more…