EUR/USD opens in Asia near 1.3400 for the fourth successive day, enough evidence if any was needed that the market is range-bound and in waiting mode ahead of the ECB tonight and the EU summit starting tomorrow.
We will rely on Australian jobs data for volatility this morning.
Good luck today.
Most Popular
Sponsored
eBay rejects GME's $55.5B bid, citing risks & insufficient valuation. EBAY up 24% YTD, GME down 18%.
PLUS lags peers with 4.4% growth & 3.5% FCF margin; BAH & SNX show stronger growth & better valuations.
Brent crude hits $108, WTI $101.50 on Strait of Hormuz closure & geopolitical risks. SPR release offers little relief.
US CPI jumps 3.8% as Iran war fuels energy costs; core prices rise 2.8%. Wages fall 0.3%.
XOM's 373% return dwarfs CRM's losses since Dow swap. XOM's valuation & dividend shine.
CDNS boasts 25.9% FCF margin & 87.1% gross margin. BJ's & CNC show weaker margins & slower growth.
Diesel prices dip slightly, but Brent futures climb 3% on tightening inventories. ULSD stocks hit 10-yr low.
Sponsored
Must Read
