The Dax 40 sinks as expectations of high interest rates continue to drive global equities south. A break below 13850, a support on the daily chart, prompted short-term bulls to close their bets. The fall below May’s low and critical floor at 13300 came in as a coup de grâce. This may seal the bearish […]
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Caterpillar shares have already had a strong run, and BofA Securities sees more upside ahead as the company benefits from power generation demand, a record backlog, and a broader recovery across parts of its machinery Read more…
EUR/USD rebounded after initial dip to 1.1653 last week, but stayed in range below 1.1848. Initial bias remains neutral this week first. Rise from 1.1408 is extended to continue as long as 1.1642 support holds. Read more…