Modest inflation ‘combined with [2% to 3%] in real GDP growth would be a constructive backdrop’ for bank stocks, Bank of America says. Bank stocks have jumped in recent days, and the KBW Nasdaq Bank Read more…
Tesla CEO Elon Musk says his coronavirus symptoms are mild, while he conjures up Greek mythological imagery to describe the disease. This was the year the world was supposed to get back to normal. After Read more…
Markets This morning, Asian bond markets were overwhelmed by a new wave of panic selling in the wake of Friday’s steep rise in US yields. In order to reinforce its commitment to decouple from broad Read more…
The iconic chicken brand is celebrating its 50th anniversary this year. When it comes to the fast food experience, there’s one element that’s universally unpleasant no matter where you go or what you do: Waiting Read more…
EURCHF forms a foothold off the mid-Bollinger band at 1.0220 after the rally from the more than 7-year low of 0.9971 was curbed by the 1.0400 handle, and the 100-day simple moving average (SMA). Nevertheless, Read more…
The major currency pair continues falling. On Monday 28 March, EUR/USD is trading at 1.0951. The currency market is still interested in the “greenback” as a “safe haven” asset – investors need to hedge risks Read more…
After a few days of quiet trading, Cathie Wood is back to dealing big names in big amounts. Her flagship fund has risen recently. After a few days of quiet trading, star investor Cathie Wood, Read more…
Aussie slips below 0.75 line After a strong week, the Australian dollar has reversed directions and dropped below the 0.75 line on Monday. Investors will be keeping an eye on Australian retail sales, which will Read more…
There has been a lot of talk lately about the decline of the US dollar’s reserve status. However, investors and traders should separate long-term trends from short-term market impulses. Reserve fund managers often prefer to Read more…
Daily Pivots: (S1) 121.37; (P) 121.90; (R1) 122.63; More… Intraday bias in USD/JPY stays on the upside at this point. Current up trend should target 161.8% projection of 109.11 to 116.34 from 114.40 at 126.09, Read more…