Overall risk sentiment turns sour again following terrible US retail sales data. DOW futures reverse early gains and turn deep red, pointing to a much lower open. Yen is powering up following risk-off sentiment while Read more…
Daily Pivots: (S1) 113.88; (P) 114.29; (R1) 114.59; More… USD/JPY’s fall from 116.34 is still in progress and intraday bias stays on the downside for 112.52 support. Considering bearish divergence condition in in daily MACD, Read more…
The fastest inflation in nearly four decades looks to have finally hit consumer spending as December retail sales plunge amid higher prices and Omicron disruptions. Updated at 08:47 EST. U.S. retail sales fell sharply last Read more…
Top-Rated Janus Mutual Funds as of 12/31/21 Fund Name, Ticker, Overall Rating, (Risk Grade) Janus Henderson Gl Tch & Innov Inst (JGLTX) – Get Janus Henderson VIT Gl Tech&Innv I Report A+ (C) Janus Henderson Forty Inst Read more…
US retail sales dropped -1.9% mom to USD 626.8B in December, much worse than expectation of 0.0%. Ex-auto sales dropped -2.3% mom, below expectation of 0.2% mom. Ex-gasoline sales dropped -2.0% mom. Ex-auto, ex-gasoline sales Read more…
In a speech, ECB President Christine Lagarde said the “rapid reopening” of the economy has led to steep rises in fuel prices, gas and electricity and price hikes in durable goods and some services. These Read more…
Citigroup posted solid fourth quarter earnings Friday, but was dragged down by a mixed report from its larger rival JPMorgan. Citigroup (C) – Get Citigroup Inc. Report posted stronger-than-expected fourth quarter earnings Friday, as the bank Read more…
A mixed set of earnings from JPMorgan has the Dow moving lower, while hawkish signals from the Fed continue to put pressure on tech stocks heading into the final trading day of the week. Stocks Read more…
The Canadian dollar is in positive territory and continues to have an excellent week, with gains of 1.28%. The currency is back below 1.25 and is looking to close below this symbolic line for the Read more…
Bernie Sanders, Elizabeth Warren and Tammy Baldwin want BlackRock CEO Larry Fink to get his hands dirty and broker a deal with striking workers at Warrior Met Coal. Sens. Bernie Sanders, Elizabeth Warren and Tammy Read more…