Latest Market News
U.S. business inventories rose 1.4% in May, the government said Friday. Sales rose 0.7% in the month. An increase in inventories adds to gross domestic product and is usually a sign of an expanding economy. The ratio of inventories to sales, meanwhile, edged up to 1.30 from 1.29 in April and 1.27 a year ago. […]
Type: Bearish Momentum Key Levels:Resistance: 823’4Pivot: 786’4Support: 736’7 Preferred Case:On the H4, with price moving below the ichimoku cloud, we have a bearish bias that price will drop to the pivot at 786’4 where the swing low support and 100% fibonacci projection are. Once there is downside confirmation of price breaking pivot structure, we would […]
Retail Sales Up Next On the back of Wednesday’s feverish US inflation report and subsequent hawkish comments from Fed’s Waller yesterday, traders are now keenly awaiting the release of US June retail sales later today. Given its role in calculating overall GDP, retail sales are a vital indicator of the health of the economy and, […]
President Joe Biden said in a statement on Friday that action on climate change and clean energy “remains more urgent than ever,” after key Democratic Sen. Joe Manchin of West Virginia said he opposes including climate or energy provisions in the party’s budget package. “If the Senate will not move to tackle the climate crisis […]
Interview with Governor Makhlouf conducted 16 June 2022 Niall Brady: Okay, well listen thanks again for taking the time to talk to me. You had a very busy week, from what I see yesterday was a busy day for you. Gabriel Makhlouf: I’ve had a busy fortnight. Niall Brady: Really? Why a busy fortnight Gabriel […]
Governor of the Central Bank of Ireland Gabriel Makhlouf met with businesses and students from Tipperary yesterday during his day-long visit. Governor Makhlouf met with local entrepreneurs, staff and Government agencies at Tipperary Technology Park, where conversations included the importance of local digital hubs and local economic development in a hybrid working world recovering from […]