Germany’s planned defense spending ramp-up will include the purchase of 35 F-35A fighter jets from Lockheed Martin, a lawmaker confirmed Monday. Lockheed Martin (LMT) – Get Lockheed Martin Corporation Report shares jumped higher Monday after the Read more…
Daily Pivots: (S1) 127.39; (P) 128.22; (R1) 128.86; More…. EUR/JPY’s rebound from 124.37 resumed by breaking 129.01 temporary top. Intraday bias is back on the upside. Sustained trading above 55 day EMA (now at 129.30) Read more…
European stocks are recovering mildly as Ukraine is going to have another round of talks. But overall sentiment is vulnerable is Russia continues massive shelling and there is no sign of a real stop in Read more…
Why surging inflation suggests the Federal Reserve must be aggressive in its rate hike this week. With inflation intensifying thanks to surging oil prices on top of rebounding economic activity, pressure on the Federal Reserve Read more…
The New Zealand dollar is down slightly at the start of the week, after falling sharply in the Friday session. NZD/USD is trading at the 0.68 line in European trade. NZ dollar eyes Services PMI Read more…
Gold’s downward pressures are weighing on the 1,959 level, which is the 38.2% Fibonacci retracement of the recent 1,780-2,070 rally. Despite the deep retreat in the price of the commodity, the bullish simple moving averages Read more…
US stocks are heading for a mixed start with the Nasdaq underperforming, as Ukraine peace talks and the Fed rate decision take centre stage. US futures Dow futures +0.5% at 33100 S&P futures +0.2% at Read more…
When the Federal Reserve makes rate decision, there are good reasons not to act right away. Events like Federal Reserve decisions on interest rates are closely followed by investors, traders and the financial media. They’re Read more…
Warehouse club Costco may not be as flashy as Amazon and Walmart, but it’s making big progress doing something that consumers really want. Costco’s (COST) – Get Costco Wholesale Corporation Report business has always been Read more…
Chinese stocks plunged notably today on worries that continued surge of coronavirus cases would impose downside risks to the economy, at least for the near term. More local symptomatic cases are reported so far this Read more…