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Strong jobless claims revive higher for longer bets for the Fed, buoying the dollarUpbeat data also come to pound’s aid, but yen slips as expectations for BoJ surprise fadeDow Jones and Nasdaq...
In Q1, Intel suffered the biggest loss in its history after its revenues plunged 36%. The chipmaker presents results on July 27 and is expected to post losses similar to Q1. Can Intel's ambitious...
While it is true that prices are still rising at above-average rates in some parts of the US economy, this should be expected. In some parts of the economy, it takes longer than in others for demand...
“Heart Like a Truck” is a song recorded by American country music singer Lainey Wilson. It was released in May 2022 as the lead single from her second studio album, Bell Bottom...
(Thursday market open) Pressure surfaced early Thursday as investors assessed yesterday’s results from Tesla (NASDAQ:TSLA) and Netflix (NASDAQ:NFLX). The NASDAQ Composite fell sharply in...
Dollar extends recovery, awaits Fed decisionECB’s Stournaras said July hike would be enoughPound, yen extend retreat, aussie gains on jobs reportTesla (NASDAQ:TSLA) and Netflix (NASDAQ:NFLX)...
The risks of gambling in speculative frenzies and depending on serial asset bubbles continuing forever are easily observable, yet few act to reduce these risks. Longtime correspondent Ishabaka...
Jordan Roy-Byrne, Founder and Editor of The Daily Gold, joins us to review his technical outlook on the US dollar, interest rates, Gold, Silver, GDX (NYSE:GDX), VanEck Junior Gold Miners ETF...
US stocks are rising as soft-landing hopes grow as the regional banks provide stabilization signs and on hopes that inflation will continue to cool. It doesn’t look like we will see a major...
(Wednesday market open) Major indexes ride into Tesla’s (TSLA) earnings later today on a long winning streak that carried stocks to new 15-month highs yesterday. Hopes for an economic...
Dollar sellers lock profits on resilient core retail salesECB hawk Knot casts doubts over September rate hikeUK inflation slows more than expected, pound pulls backTesla (NASDAQ:TSLA) and Netflix...
Gold hit my buying opportunity at 1952/48 with a bounce from 1945. Then we wrote: Looks like we are forming a bull flag with upper trend line at 1957/59 so a break above 1960 should be a buy signal...
Following countless recession predictions, the US economy is still churning.In the latter half of 2022, recession announcements began in earnest. In June ’22, 68% of economists believed...
ECB’s Knot (hawk) noted that for July I think it is a necessity, for anything beyond July it would at most be a possibility but by no means a certainty Canadian headline CPI was 2.8%, versus 3%...
Both the advance and core (ex-auto) retail sales monthly reading post third straight gain Fed rate hike odds stand at 93.6% for July 26th meeting ECB odds for a July rate hike stand at 93.2%. while...