Daily Pivots: (S1) 1.3793; (P) 1.3827; (R1) 1.3849; More… Intraday bias in USD/CAD stays neutral at this point. Consolidations from 1.3965 could extend. But as long as 38.2% retracement of 1.3840 to 1.3965 at 1.3780 Read more…
In focus today The most important US data release of the week will be the March flash CPI this afternoon. We expect headline inflation to pick up to +0.9% m/m SA and 3.3% y/y (Feb: Read more…
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Palantir (PLTR) fell sharply after Michael Burry put a familiar pressure point back in front of investors: competition in enterprise AI. Business Insider,quotingBurry’s now-deleted X post, said he argued that Anthropic is “eating Palantir’s lunch” Read more…
Daily Pivots: (S1) 0.7039; (P) 0.7068; (R1) 0.7113; More… Intraday bias in AUD/USD remains mildly on the upside as rise from 0.6832 is in progress to retest 0.7187 high. Strong resistance could be seen there Read more…
A sharp rise in US CPI is all but certain, with March inflation expected to accelerate from 2.4% yoy to 3.4% yoy on the back of a oil-driven energy shock. But markets are already looking Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal For meeting your day-to-day goals, optimizing Read more…
China’s producer prices rose from -0.9% yoy to 0.5% yoy in March, marking the first positive reading since September 2022 and ending a prolonged period of factory-gate deflation. The rebound was driven largely by energy-linked Read more…
Bank of Japan Deputy Governor Ryozo Himino said Japan is not currently facing stagflation, noting that inflation is moving around the 2% target while the economy continues to grow above potential. His remarks reinforce the Read more…
Japan’s producer prices picked up pace in March, with PPI rising from 2.1% yoy to 2.6% yoy, above expectations of 2.3% yoy. On a monthly basis, prices increased 0.8% following a revised 0.1% gain in Read more…