Markets ECB chief economist Lane’s speech yesterday not having a meaningful impact on markets didn’t make it less symbolic. The last staunch defender of the central bank’s extremely easy monetary policy threw in the towel, Read more…
Tesla’s CEO would like the Democratic president to align his actions with his words on electric cars (EVs). President Joe Biden will have to do more to forge a link with the leading manufacturer of Read more…
The financial markets are generally quiet today. Stocks are slightly down by losses are limited. Retail sales data from Canada and UK are largely ignored. Commodity currencies are the strongest ones for now. Yen, Dollar Read more…
The legacy automaker has copied from its great rival a method which makes it possible to have updated cars regularly and to reduce costs. The war between car manufacturers in electric vehicles (EVs) is sometimes Read more…
Canada retail sales dropped -1.8% mom to CAD 57.0B in December, better than expectation of -2.1%. Sales were down in 8 of 11 subsectors, representing 62.9% of retail trade. Excluding gasoline stations and motor vehicle Read more…
DraftKings expects higher revenues this year, but expansion costs will likely mean a wider-than-expected loss, sending shares sharply lower in Friday trading. DraftKings (DKNG) – Get DraftKings Inc Class A Report shares slumped lower Friday posted Read more…
The fast-food chain has said goodbye to lots of favorites and now it’s bringing back one beloved choice. Yum! Brands (YUM) – Get Yum! Brands, Inc. Report Taco Bell changes its menu fairly often. That Read more…
The prospect of talks between the U.S. and Russia over the Ukraine crisis has stocks moving higher Friday, but tensions in the region remain high and investors on the defensive. U.S. equity futures bounced higher Read more…
GBPUSD is moving higher over the last 4-hour session remaining well above the short-term simple moving averages (SMAs). The RSI indicator is pointing up near the 70 level, while the MACD oscillator is holding above Read more…
Gold is coming sharply to the upside as a “safe haven” asset based on the latest US-Russia tensions. Higher inflation is also one of the reasons for higher metals. Technically we see prices are coming Read more…