Ford is dividing its business into EVs and gasoline cars, and the move helped jolt the stock higher. Here are the new levels to know. Shares of Ford (F) – Get Ford Motor Company Report haven’t Read more…
The dollar index remains firm and posted new marginally higher high on Wednesday (97.82, the highest since May 2020) remaining strongly supported by rising uncertainty, as fights in Ukraine extend into seventh day, with no Read more…
Today’s 25 bp hike was fully expected by analysts Near-term inflation will be higher than in January forecast “Interest rates will need to rise further”; BoC considering when to start QT The BoC lifted its Read more…
As widely expected, the Bank of Canada raised the overnight rate to 0.5%. It also stated that it will continue the reinvestment phase of its balance sheet by maintaining its holdings of Government of Canada Read more…
Some pension funds want to shed Russian assets, but securities firms are shying away from the country’s stocks and bonds, making sales difficult. U.S. pension funds want to do the right thing in light of Read more…
Elon Musk isn’t letting go of his beef with the White House after EV maker Tesla again was snubbed, this time during Tuesday’s State of the Union speech. Traditionally, the opposing political party picks one Read more…
Fast-food chain Wendy’s has big plans that go well beyond square burgers and the Baconator. McDonald’s (MCD) – Get McDonald’s Corporation Report pioneered the fast-food breakfast. The chain derives about 25% of its sales during Read more…
USDCAD reversed from key resistnace level 1.2800 Likely to fall to support level 1.2645 USDCAD currency pair recently reversed down from the key resistance level 1.2800 (which has been reversing the pair from the start Read more…
WTI broke resistance zone Likely to rise to resistance level 110.00 WTI crude oil recently broke the resistance zone lying between the powerful round resistance level 100.00 and the resistance trendline of of the daily Read more…
Markets The developments in Ukraine still were the main driver for global trading. However, with EMU inflation data, the OPEC+ decision on production hikes, the US ADP labour market report and Fed Powell’s testimony before Read more…