The latest retail sales data suggests a robust consumer, leading economists to become even more optimistic about more robust economic growth this year. To wit: “It has been two years since forecasters felt this good about the economic outlook. In the latest
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Image Source: Unsplash Linked here is a detailed quantitative analysis of Emerson Electric Co. (EMR). Below are some highlights from the above-linked analysis:Company Description: Emerson Electric Co. designs and supplies product technology, and delivers engineering services and solutions to a wide range of industrial,
Image source: Pixabay As of Thursday’s close, the Dow Jones Industrial Average (US30) was down 0.98%, while the S&P 500 Index (US500) lost 0.46%. The Nasdaq Technology Index (US100) closed negative 0.64%. US stock indices closed modestly lower, led by technological stock weakness. Meta Platforms (META) fell more than 10% after
Image Source: Pixabay ASX: National Australia Bank Limited – NAB Elliott Elliott Wave Technical Analysis TradingLounge (1D Chart)Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with National Australia Bank Limited – NAB. We identify wave ((iv))-green as having
Intel Corporation, a venerated name in the semiconductor industry, has today unveiled its first-quarter earnings, marking the beginning of a transformative era under its new financial structuring model. The company reported an impressive revenue of $12.7 billion, a 9% increase
The post Ripple vs. SEC: Judge Netburn Advances XRP Lawsuit with New Scheduling Order appeared first on Coinpedia Fintech NewsMagistrate Judge Sarah Netburn has issued a new scheduling order in the years-long legal battle between Ripple Labs and the United States Coinpedia Fintech News. Coinpedia
Image source: Pixabay GBP/JPY advances to 196.00 amid uncertainty over BoJ’s interest rate outlook. The BoJ sees inflation rising in the coming years but has projected weak economic growth. UK’s firm Services PMI has deepened fears of persistent inflationary pressures.
The fact that we have been repelled at a major round figure does suggest that perhaps we will continue to see pretty pound weakness, or perhaps more importantly, US dollar strength. We have been in a downtrend for a while
According to recent trading activity, the British pound sterling against the US dollar (GBP/USD) has been on the rise, easing some recent selling pressure. However, the bigger picture remains consistent with ongoing weakness. According to forex trading platforms, the GBP/USD
Image Source: Pixabay Asian stock markets are trading with mixed results on Thursday, following the uncertain signals from Wall Street overnight as META earnings failed to impress afterhours causing a late selloff. Traders are exercising caution as they await the report
