Halloween is closer than you think. If you’re not a die-hard Disney (DIS) – Get Walt Disney Company Report fan, you may not know that things are still not 100% back to pre-pandemic normal — judging Read more…
Iconic convenience-store chain 7-Eleven has built out strongly in the U.S. Now comes the big challenge: staffing the stores. Convenience store chain 7-Eleven completed its biggest acquisition last year. The company bought oil-and-gas major Marathon Petroleum’s Read more…
The Federal Reserve and Bank of England are both expected to raise interest rates in the upcoming week, though the former will likely do so by a larger increment. However, it’s much more of a Read more…
The Russian-Ukrainian war entered its third month, without any signs that the conflict will be resolved any time soon. After failing to capture Kyiv, Russian forces are focussing their attacks on the Donbass region in Read more…
Markets Today’s economic calendar put Europe in the spotlights. First quarter economic growth as expected slowed from 0.3% to 0.2% q/q, in part thanks to Germany that was able to avoid a recession with a Read more…
The Canadian economy surged ahead 1.1% month/month (m/m) in February, beating Statistics Canada’s flash estimate of 0.8%. The flash estimate for March also points to a strong gain of 0.5% m/m February’s increase in activity Read more…
Personal income was up 0.5% month-on-month (m/m) in March, a notch higher than the consensus estimate (+0.4% m/m). February growth was revised up to +0.7% m/m from +0.5% m/m reported earlier. Strong growth in compensation Read more…
GBPUSD has steadied around 1.2550 and is attempting a rebound after plunging to a 22-month low of 1.2410 on Thursday. The RSI has reversed higher but has yet to exit the oversold zone, while the Read more…
It’s been another wild ride in the markets this week but indices are on course to end it roughly where they started. There has been a lot to digest this week, not least from companies Read more…
Daily Pivots: (S1) 129.04; (P) 130.14; (R1) 131.95; More… Intraday bias in USD/JPY is turned neutral for consolidations. Outlook stays bullish as long as 126.91 support holds. Above 131.24 will target 61.8% projection of 121.27 Read more…