Johnston
RBNZ chief economist downplays potential interest rate cuts
The Reserve Bank (RBNZ) is continuing to push back against financial markets' expectations of a central bank interest rate cut this year. RBNZ chief economist Paul Conway reaffirmed this stance during a live-streamed webinar, emphasizing that New Zealand still has a long way to go in the battle agai
BrokersView Exposes 45 Unregulated Brokers to Help Investors Avoid Scams
With the investment scams emerging in an endless stream, investors are having difficulties figuring out legal brokers since brokers that appear to be legitimate may be scams! Therefore, check the broker's license before investing, and do not deal with brokers who are not authorized by the financial
AUDUSD Potential 4H Long
AUDUSD has recently had a big fall as the DXY has shown major strength recently. I think this is a possible buy area perhaps as the non-US FX majors are extremely oversold and the DXY is heavily overbought. I have marked some supply and demand zones on the chart. Currently, we are in a potential sup
Dollar sinks to one-month low as Fed rate hike bets ease
The U.S. dollar sank to a one-month low versus major rivals on Friday as traders lowered Federal Reserve rate hike expectations amid signs the central bank might slow or even pause its tightening cycle in the second half of the year. The dollar index (DXY), which measures the greenback against a bas
GBPNZD | Potential Megaphone Pattern | Before/After
During the previous analysis I have shared a Megaphone pattern. This pattern it is a bit tricky on its nature but it works out very well. As we can see the price reached the middle point of the pattern that is really crucial and after that it moved higher again. #OPINIONLEADER#
Global risks cloud Fed's policy pivot as Powell heads to Congress
March 1 (Reuters) - The Federal Reserve's plan to end the loose money policies used to fight the coronavirus pandemic is facing an unexpectedly early test as the Russian invasion of Ukraine poses new economic and financial risks already being felt in global markets. Fed Chair Jerome Powell is schedu
Walmart to hire over 3,000 U.S. drivers as it expands home delivery
Walmart (NYSE:WMT) Inc said on Tuesday it plans to hire more than 3,000 U.S. delivery drivers and build out a fleet of all-electric delivery vans to support its "in-home" grocery delivery service, its latest investment in its last-mile fulfillment network. The retailer, which said it has about 100 d
Rivian stock skids as legacy automakers rev up EV targets
Rivian Automotive Inc's stock briefly tumbled below its IPO price on Thursday in a selloff along with other electric vehicle makers as the race for market share intensifies and legacy companies ramp up their own production. Rivian fell as low as $75.13, below its November initial public offering pri
Amazon shortens COVID isolation, paid leave for U.S. workers
Amazon.com Inc (NASDAQ:AMZN) on Friday told workers they only have to isolate for a week after testing positive for COVID-19, instead of 10 days, following updated U.S. health guidance. The Omicron variant of the coronavirus has prompted a spike in cases in the United States and worker shortages at
Disney Named Top Large-Cap Growth Idea At Wells Fargo
Walt Disney Company (NYSE:DIS) shares rose 0.4% Tuesday after it was named Wells Fargo's "favorite large-cap growth idea for 2022." Wells Fargo analyst Steven Cahall reiterated an overweight rating and raised the price target on the shares to $196. Despite explaining that the past few months have sh
Time to buy: Retail investors swoop in when stocks falter
U.S. retail investors have been dip-buyers so far in 2022, snapping up equities that funds have shed from their portfolios in light of a more hawkish Federal Reserve, but with a focus on quality stocks as opposed to speculative names. Growth and technology stocks, which typically generate lower retu
Marvel heroes propelled Disney to the top of the 2021 domestic box office
The Marvel Cinematic Universe propelled Disney to the top of the domestic box office in 2021. While the pandemic continues to weigh on the movie theater business, cinemas were able to collect $4.58 billion in ticket sales in the United States and Canada, more than double what was garnered in 2020. A
Pixar’s ‘Turning Red’ to skip theaters, head straight to Disney+ in March
Another Pixar film is heading straight to Disney+. On Friday, Disney announced that is newest animated feature “Turning Red” would skip theaters and debut exclusively for free on its streaming service on March 11. The family-friendly film about a young girl that transforms into a giant red panda whe
Apple Unleashed: Company Targets MLB, India, South Korea and More
From India and South Korea to major league baseball and a new Apple Fitness+ series, Apple Inc. (AAPL, Financial) is growing in all directions at the same time – leaving investors jacked. Apple is said to be looking to stream Major League Baseball games through its Apple TV+ streaming service. Accor
Pull-up Update