The NBA superstar and crypto.com will bring Web3 to students and families of Akron, Ohio, where LeBron James was born. Four-time NBA champion and Los Angeles Laker LeBron James has partnered with cryptocurrency platform crypto.com to Read more…
A busy week lies ahead. The Bank of England is widely expected to raise rates, the European Central Bank is unlikely to signal anything new, but the Reserve Bank of Australia could try to dampen Read more…
Canadian labour market data for January is expected to weaken substantially. We’re eyeing a 75,000 drop in employment and an uptick in the unemployment rate to 6.4% after COVID-19 restrictions prompted business closures in large Read more…
It was risk off mood in markets this week as a cocktail of Russia-Ukraine tensions and the outlook for a hawkish Fed drove the VIX volatility gauge to one-year highs. The USD has strengthened significantly; Read more…
Summary The FOMC made it crystal clear on Wednesday that rate hikes are imminent, and Chair Powell embraced a hawkish tone in his post-meeting press conference. In that regard, Powell left open the possibility of Read more…
Markets Risk sentiment remains shaky with main European indices losing up to 2%. The EuroStoxx 50 does hold above the lows from the start of the week (4035) and the incoming mild uptrend line / Read more…
Cocoa farmers for Nestle will receive additional cash if they keep their children in school instead of allowing them to farm. The cocoa farmers who work for Nestle (NSRGY) – Get NSRGY Report will receive a Read more…
A mixed open is expected after mixed PCE , personal income and spending data. Labour costs remain high at 1% but have eased from 1.3%. US futures Dow futures -0.5% at 33850 S&P futures -0.30% Read more…
Personal income rose 0.3% m/m in December, slightly below the consensus forecast for 0.5% m/m. November growth was revised up from 0.4% m/m to 0.5% m/m. Compensation of employees (+0.6% m/m) was the primary driver Read more…
Daily Pivots: (S1) 1.1103; (P) 1.1173; (R1) 1.1214; More… EUR/USD’s decline is still in progress and intraday bias remains on the downside. Larger down trend from 1.238 has just resumed. Deeper fall should be seen Read more…