ECB Governing Council member Robert Holzmann said, “an increase to the deposit rate to zero by the end of the year would be important for monetary policy because it increases optionality.” “If, towards the end Read more…
Elon Musk’s group, which dominates the electric vehicle market, has just won a victory that could cost its rivals hundred of millions of dollars. Tesla (TSLA) – Get Tesla Inc Report dominates the electric vehicle market, Read more…
ECB Chief Economic Philip Lane said in an interview, “right now, clearly inflation is a huge issue across Europe, absolutely.” But he added, “this essentially is an imported inflation shock, it’s a supply shock… we Read more…
Stock markets across Europe are rallying on Tuesday, buoyed by positive noises coming from Turkey where Ukraine and Russia may be nearing a ceasefire agreement. While there are reportedly still plenty of gaps in the Read more…
Daily Pivots: (S1) 122.26; (P) 123.68; (R1) 125.33; More… Intraday bias in USD/JPY remains neutral for consolidation below 125.09 temporary top. But downside should be contained by 121.17 minor support to bring another rally. On Read more…
Daily Pivots: (S1) 0.9304; (P) 0.9343; (R1) 0.9385; More…. Intraday bias in USD/CHF remains neutral for the moment. On the upside, break of 0.9374 minor resistance will suggest that the pull back from 0.9459 has Read more…
Daily Pivots: (S1) 1.3045; (P) 1.3117; (R1) 1.3168; More… Intraday bias in GBP/USD is turned neutral with current recovery. Overall outlook stays bearish as long as 1.3297 resistance holds. Break of 1.2999 low will resume Read more…
Daily Pivots: (S1) 1.0954; (P) 1.0977 (R1) 1.1008; More… EUR/USD rebounds strongly today and immediate focus is now on 1.1120 support turned resistance. Sustained break there will argue that it’s at least correcting the decline Read more…
Wall Street looks set to add on to its March rally Tuesday, as peace talks between Russia and Ukraine resume in Istanbul, but worry bond market moves may cap gains later in the session. Updated Read more…
Activists Elliot Management will lead a group of private equity buyers paying $16 billion for the TV ratings group. Nielsen Holdings (NLSN) – Get Nielsen Holdings Plc Report shares soared higher Tuesday after a consortium of Read more…