Philadelphia Fed’s Harker said he’s “not ready to make a final decision” on the next rate hike yet. “If we start to see demand soften — and we are seeing some signs that demand is starting to soften in certain sectors of the economy. And if it’s softening quicker than I anticipate, then it may […]
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Daily Pivots: (S1) 159.12; (P) 159.39; (R1) 159.68; More… USD/JPY weakens slightly today but overall outlook is unchanged. Consolidations from 160.45 is still extending and intraday bias remains neutral. Further rise is expected with 157.49 Read more…
Yen strengthened broadly after the Bank of Japan’s hawkish hold, but gains are likely to be short-lived as markets question how far tightening can go. While the shift reinforces expectations for a near-term rate hike, Read more…
IonQ Inc. (IONQ) has seen its stock climb 60% in the past month, which is forcing investors to take a closer look at what is actually driving the move. Wedbush Securities is leaning into the Read more…