Coming on the heels of January’s impressive gain, retail sales took a breather in February, edging up just 0.1% month-on-month. The performance was even softer after stripping away inflation, with sales declining by 0.4% in Read more…
US futures Dow futures -0.35 % at 35404 S&P futures -0.22% at 4497 Nasdaq futures -0.01% at 14167 In Europe FTSE -0.7% at 7652 Dax -1.7% at 14577 Euro Stoxx -1.6% at 3922 Corporate earnings Read more…
Daily Pivots: (S1) 1.3004; (P) 1.3047; (R1) 1.3071; More… GBP/USD’s down trend resumes today by breaking through 1.2971 support. Intraday bias back on the downside. Sustained trading below 61.8% projection of 1.3641 to 1.2999 from Read more…
Sterling drops broadly today as weak UK retail sales data argues that the expected consumption drag from high inflation might have arrived already. Aussie is currently the second worse for the day, then Kiwi. On Read more…
Cruise line Royal Caribbean has a major new addition and it might be too popular. Royal Caribbean (RCL) – Get Royal Caribbean Group Report endlessly innovates. That happens behind the scenes when it comes to Read more…
WTI oil edges lower on Friday, pressured by prospects of weaker global growth and higher interest rates, as the International Monetary Fund cut its global economic growth forecast and Fed Chair Powell signaled that half Read more…
Canada retail sales rose 0.1% mom to CAD 59.9B in February, better than expectation of -0.5% mom decline. That’s the fourth increase in the last five months. Higher sales at clothing and clothing accessories stores Read more…
In the latest monthly report, Bundesbank presented the scenario analysis on the impact of further escalation of invasion of Ukraine, with the assumption that trade with Russia, including energy imports, will be suspended. Germany GDP Read more…
If you didn’t file your taxes or request an extension by the deadline, here are a few steps you can take to get back on track. What To Do if You Missed the Tax Deadline Read more…
Hawkish central banks have triggered the biggest year-to-date outflow for global stocks as Treasury bond yields continue to test multi-year highs. U.S. equity futures extended declines Friday, while the dollar hit a fresh two-year peak Read more…