Markets The (anti-)inflation hype that dominated markets and Fed speak at the start of the year finally took a breather after yesterday’s US CPI (7.0%) printing at the highest level in almost 40 years. Fed Read more…
Brokerage self-regulator FINRA alleged E*Trade had inadequate supervision that allowed manipulative customer trading. Morgan Stanley’s (MS) – Get Morgan Stanley Report E*Trade agreed with the Financial Industry Regulatory Authority to pay a $350,000 fine for allegations Read more…
The desktop computer has long been losing its cachet as sleeker, hipper, more mobile devices take center stage. The PC staged a Covid-inspired comeback in 2020, with the industry recording its best growth figures in Read more…
It’s been a rollercoaster start to the year and as we head into earnings season, it’s hard to say exactly where investors stand. Blocking out the January noise is one thing but it’s made far Read more…
Dollar extends inflation decline; initial jobless claims tick higher The latest CPI inflation report out of the United States was not a big surprise on Wednesday. Despite a minor pickup in the core measure, the Read more…
Aussie holds firmly in green for the third straight day, lifted by weaker US dollar, after more cautious than expected tone from Fed chief Powell disappointed investors. Bulls probe above 0.73 level following Wednesday’s 1.04% Read more…
In an effort to unseat McDonald’s and Wendy’s, Burger King has been testing a new idea that might make its Croissan’wich irrelevant. Burger King serves breakfast? That’s a fair question to ask in an age Read more…
Daily Pivots: (S1) 1.1379; (P) 1.1416; (R1) 1.1477; More… EUR/USD’s rebound from 1.1185 is still in progress and intraday bias stays on the upside. Further rise would target 38.2% retracement of 1.2265 to 1.1185 at Read more…
Daily Pivots: (S1) 0.9101; (P) 0.9172; (R1) 0.9215; More…. Intraday bias in USD/CHF remains on the downside for the moment. Firm break of 0.9084/0.9101 support zone will argue that choppy rise from 0.8925 has completed. Read more…
Daily Pivots: (S1) 114.19; (P) 114.83; (R1) 115.28; More… USD/JPY’s break of 114.26 resistance turned support now argues that rise from 112.52 is already finished. Intraday bias is on the downside for 112.52 support. Also, Read more…