IMF Managing Director Kristalina Georgieva told CNBC yesterday, “we think that we would be downgrading our growth projections as a result of the crisis (in Ukraine), but we still expect the world to be in Read more…
The horrific developments in Ukraine have turbo-charged commodity prices, a key driver of the AUD. We have made significant changes to our commodity price forecasts. These forecasts are set out the Westpac Market Outlook which Read more…
DXY: On the weekly, prices are on bullish momentum and abiding to our ascending trendline support. We see the potential for further bullish continuation from our 1st support at 97.157 in line with 38.2% Fibonacci Read more…
Key Highlights Crude oil price surged to $131 before there was a sharp decline. It broke a major bullish trend line at $118.50 on the 4-hours chart. EUR/USD corrected losses and climbed above 1.1020. Gold Read more…
Short Term Elliott Wave View in USDCHF suggests the rally from January 13, 2022 low is unfolding as a 5 waves impulse. Up from January 13 low, wave 1 ended at 0.9343 and pullback in Read more…
Although the ECB pledged to speed up the pace of bond tapering, it also increased its forecast for inflation and lowered its forecast for growth. At the February ECB meeting, the central bank reiterated that Read more…
A fallen pandemic favorite’s new CEO tells Jim Cramer connected fitness has similarities with Spotify and Netflix. Now that people can actually go out to the gym again, a company that let fitness fanatics get Read more…
A big retailer is betting that you might take the chance. First came the cilantro ice cream then the taco-flavored jelly beans and, now, pizza and mac-and-cheese ice cream. While such incompatible food pairings were Read more…
The young electric vehicle manufacturer wants to meet demand, while the behemoths of Tesla, Ford and GM are watching for any missteps. Things aren’t working out so well for Rivian (RIVN) – Get Rivian Automotive, Read more…