Macy’s, which has been under activists’ pressure to spin-off its digital sales division, blasted Wall Street earnings forecasts and boosted its holiday quarter dividend by 5%. Macy’s (M) – Get Macy’s Inc Report posted stronger-than-expected fourth Read more…
Putin sends “peacekeepers” into eastern Ukraine Panicky investors? Risk-off market? The euro isn’t having any of it, as EUR/USD has jumped 0.38% on the day. The Ukraine crisis is escalating, but the euro received a Read more…
More people moved out of San Jose, Calif., than moved in during 2021. Here are the cities with the highest negative net migration. News stories of residents fleeing big cities like New York were prominent Read more…
NZDJPY has been printing lower highs and lower lows since October, trading beneath a downtrend line. The bulls have taken the wheel in recent sessions and are trying to break above this trendline. If they Read more…
BoE Deputy Governor Dave Ramsden said a speech, “personally I felt that the 0.5pp increase in Bank Rate would have been warranted in February, in line with a watchful and responsive approach to monetary policy”. Read more…
Stock futures pressured as Russian tanks rolls into Ukraine; Week Ahead: Retail earnings, consumer confidence in focus; oil prices surge as U.S. threatens sanctions; Trump’s ‘Truth Social’ app has bumpy Apple store debut and Elon Read more…
Home Depot’s average ticket sales rose 12.4%, while U.S. same-store sales were up 7.6%, helping the home improvement retailer haul $35.7 billion in fourth quarter revenues. Updated at 6:28 am EST Home Depot (HD) – Read more…
WTI crude oil futures are surging towards a more-than-seven-year high of 94.90, creating the eighth consecutive green four-hour session. The price rebounded off the short-term ascending trend line with the technical indicators mirroring the aggressive Read more…
EURJPY bulls are pushing back after the converged simple moving averages (SMAs) failed to halt fresh plunges in the price. The SMAs are lacking any definitive trend suggestions but could now prove to be a Read more…
USDCAD has been trading sideways during the last month with an upper boundary the 1.2796 resistance and lower boundary the 1.2649 support. However, despite the neutral outlook there are some positive signs as the pair Read more…