The January flash reading of the Eurozone CPI was much higher than anticipated. The headline print was 5.1% YoY vs 4.4% YoY expected, and 5% YoY last. The main culprit for the higher than expected Read more…
The long-time CNN president failed to disclose a romantic relationship with another senior executive. That follows the firing of Chris Cuomo over how he handled the Andrew Cuomo sexual misconduct allegations. Jeff Zucker has resigned Read more…
GBPUSD has nudged above the Ichimoku cloud and over the 100-period simple moving average (SMA) at 1.3560 and appears to be sustaining its optimistic tone from the bounce off the 1.3356 level. The SMAs are Read more…
The total investments coming into Ark ETFs peaked at $42 billion last year, and only 25% of that money has exited. Despite the recent slump of exchange-traded funds managed by Cathie Wood at Ark Investment Read more…
The latest figure of $30.01 trillion represents an increase of almost $7 trillion from late January 2020, just before Covid. U.S. government debt breached the $30 trillion mark Monday, hitting a new record high. And Read more…
US commercial crude oil inventories dropped -1.0m barrels in the week ending January 28, versus expectation of 1.8m rise. At 415.1m barrels, oil inventories are about -9% below the five year average for this time Read more…
CEO Sundar Pichai says the internet giant is looking at these new technologies Google (GOOGL) – Get Alphabet Inc. Class A Report has not yet said its last word. While its Silicon Valley rivals keep publicizing Read more…
Markets The US dollar extends this week’s losses. It’s the worst performing currency, even losing out against JPY and CHF in spite of the risk rebound of the past days. The trade-weighted dollar now changes Read more…
Home Depot, which traditionally hires about 80,000 workers for the spring season, said it will have next day offers for some applicants. Workers, especially retail and service-industry workers, have a lot of options these days. Read more…
The Nasdaq is set to outperform after stellar results from Alphabet and AMD. ADP payrolls unexpectedly fall. US futures Dow futures +0.18% at 35448 S&P futures +0.77% at 4578 Nasdaq futures +1.4% at 15204 In Read more…