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Elliott Wave Suggests AT&T Inc. (T) Last Leg Lower Could Have Started
AT&T Inc. (T) is an American multinational telecommunications holding company headquartered in Dallas, Texas. It is the world's largest telecommunications company by revenue and the third-largest provider of mobile telephone services in the U.S. AT&T (T) Monthly Chart April 2024 In the month
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Hong Kong Inflation Eases Slightly To 2.0%
Hong Kong's consumer price inflation eased marginally in March after rising in the previous month, data released by the Census and Statistics Department showed on Tuesday. The consumer price index, or CPI, climbed 2.0 percent year-over-year in March, following a 2.1 percent rise in February. Food in
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Australia PMI Data Due On Monday
Australia will on Monday see preliminary April results for its manufacturing and services PMIs from Judo Bank, highlighting a light day for Asia-Pacific economic activity. In March, their scores were 47.3 and 54.4, respectively. New Zealand will release March numbers for credit card spending; in Feb
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USD/CAD clings to 1.3800 after retreating from its five-month highs
USD/CAD pulls back from the high level of 1.3846, which has not been seen since mid-November. The US Dollar may strengthen further on the likelihood of the Fed extending its tight monetary policy. The lower WTI price could limit the advance of the Canadian Dollar. USD/CAD retreats from a five-month
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RBNZ Sectoral Factor Inflation Model rises by 4.3% YoY in Q1 2024
The Reserve Bank of New Zealand (RBNZ) released its Sectoral Factor Model Inflation gauge for the first quarter of 2024 after the publication of the official Consumer Price Index (CPI) by the NZ Stats early Wednesday. The inflation measure rose 4.3% YoY in Q1 2024 vs. 4.7% in Q4 2023. The inflation
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Malaysia Shares May See Mild Support On Wednesday
The Malaysia stock market has finished lower in four straight sessions, sinking more than 25 points or 1.7 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,540-point plateau and it's likely to remain in that neighborhood again on Wednesday. The global forecast for th
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Fed's Powell: Restrictive policy needs further time to work
Federal Reserve (Fed) Chairman Jerome Powell participates in a fireside chat about economic trends in North America at the Wilson Center’s Washington Forum in Washington, DC. Powell said that the U.S. economy's performance has been quite robust. He added that recent data indicates a lack of signific
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