News

Oct 13
U.S. stock futures plunge as September CPI comes in hotter than expected

U.S. stock futures plunged deep into the red Thursday morning after inflation data for September showed consumer prices advanced by a larger-than-expected margin — dramatically increasing the likelihood that the Federal Reserve will deliver another 75 basis-point interest-rate hike in November, and possibly in December as well. Futures for the S&P 500 ES00, -2.29% were […]

Oct 13
Keurig Dr Pepper overhauls supply chain, names Roger Johnson chief supply chain officer

Keurig Dr Pepper Inc. KDP, -1.49% said Thursday it is overhauling its supply chain structure with a view to improving accountability at the business unit level and accelerating productivity across the company. The beverages company said it’s promoted three senior supply chain leaders into new roles. The company named Roger Johnson, who joined it in […]

Oct 13
Rental market is ‘coming back down to earth’ as September rents rise at slowest pace in 13 months, Redfin says

Real estate services company Redfin Corp. RDFN, -7.35% said Thursday that the median U.S. asking rent rose 8.8% from a year ago to $2,002, but that was the slowest year-over-year (YOY) increase since August 2021. That also marked the fourth straight month that YOY growth decelerated, with rents now growing at half the pace of […]

Oct 13
FTSE 100 Wave Analysis – 13 October, 2022

• FTSE 100 falling inside impulse wave 5 • Likely to fall to support at 6700.00 FTSE 100 index continues to fall inside the sharp downward impulse wave 5 which started earlier from the key resistance level 7125.00 (previous monthly low from April), intersecting with the 20-day moving average. The active impulse wave 5 belongs […]

Oct 13
Silver Wave Analysis – 13 October, 2022

• Silver reversed from resistance area • Likely to fall to support level 18.20 Silver recently reversed down from the resistance area located between the key multi-month resistance level 21.00 (which has been reversing the price from June) and the upper daily Bollinger Band. This resistance area was further strengthened by the 38.2% Fibonacci correction […]

Oct 13
Crypto markets to see ‘explosive volatility’ soon: Arcane Research

Ballooning leverage and reduced volatility on crypto markets create a situation where explosive volatility is very possible in the short-to-medium term. Source: Cointelegraph