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The return of US traders to their desks on Wall Street overnight did not calm risk markets with further falls in European shares and the Australian dollar, which broke through the 66 cent level. The...
DXY is off to the races:AUD massacre:That giant sucking sound you can hear is north Asian capital flows:Oil and gold will get hit if it runs:Dirt yawn:Big miners bloodletting:EM too:Junk...
The Dow Jones, setting all-time highs in 2023 and early 2024, has now extended its streak to an impressive 12 consecutive years. Additionally, Wall Street is eyeing Cathie Wood's ARK Innovation ETF...
The Bank of Japan may conclude its ultra-loose monetary policy in the next 2-3 quarters. Deflation is progressing in the Japanese economy. A return above 150 yen per dollar is possible later this...
A long weekend for Wall Street saw a lack of direction from other risk markets with European shares taking back their Friday night gains while ECB speakers continued to deny rate cuts are on the...
DXY looks to be firming:AUD does not look well:The north Asian headwind is blowing a gale:Oil fell, gold firmed:Dirt is going nowhere:EM yawn:Junk hope:US markets were shut:But Europe fell:The key to...
Here is your Pro Recap of the top takeaways from Wall Street analysts for the past week: upgrades for Kyndryl, Godaddy, Home Depot, and Ciena; downgrades for Yum! Brands.InvestingPro subscribers...
Retail sales, Fed speakers, Q4 earnings will be in focus this week. Goldman Sachs is a buy with strong earnings on deck. Morgan Stanley is a sell amid weak profit and sales growth. Looking for more...