St. Louis Fed President James Bullard told CNBC today, “we need to front-load more of our planned removal of accommodation than we would have previously. We’ve been surprised to the upside on inflation. This is Read more…
3M, the country’s biggest maker of N95 masks, said slower Covid-related demand will clip earnings and blunt sales growth this year. Updated at 10:08 am EST 3M Co. (MMM) – Get 3M Company Report shares extended Read more…
Futures rise off the overnight lows amid hopes that Russia will continue talks with US, NATO. US futures Dow futures -0.09% at 34670 S&P futures -0.1% at 4411 Nasdaq futures -0.2% at 14748 In Europe Read more…
An ideal scenario happened for Caesars, MGM, Penn National, and other Sin City sportsbooks. The Super Bowl marked Las Vegas’s official return to normal. It was the first major event held in the city since Read more…
While the Tesla Model 3 was the best-selling electric car in Europe in 2021, Volkswagen was the leading manufacturer of electric vehicles. There’s a bug in Elon Musk’s rearview mirror. Musk’s company Tesla (TSLA) – Read more…
Ukraine tensions and FOMC minutes in focus; dollar rises As the United States fears that an invasion may be approaching, tensions over Russian forces stationed near Ukraine are entering what might be a pivotal week. Read more…
The major currency pair is consolidating in mid-February. On Monday, 14 February 2022, the asset is trading at 1.1340. Investors are still impressed by the January inflation data from the US. The CPI showed 7.5% Read more…
Daily Pivots: (S1) 114.91; (P) 115.55; (R1) 116.07; More… Intraday bias in USD/JPY stays mildly on the downside for the moment. Corrective pattern from 116.34 is in its third leg. Deeper fall would be seen Read more…
Daily Pivots: (S1) 0.9226; (P) 0.9256; (R1) 0.9274; More…. Range trading continues in USD/CHF and intraday bias remains neutral for the moment. Overall, further rally is mildly in favor as long as 0.9090 support holds. Read more…
Daily Pivots: (S1) 1.3515; (P) 1.3562; (R1) 1.3609; More… Intraday bias in GBP/USD remains neutral as range trading continues. On the upside, break of 1.3642 will resume the rebound to 1.3748 resistance. Firm break there Read more…