Forecasts & Analysis

US stocks showed remarkable resilience during Tuesday’s session in the face of what could’ve been disconcerting news.

The US Inflation data once again beat expectations and brings anxiety to the market, slacking the US Dollar index.

GBP/USD managed to get above the resistance at 1.3745 and is testing the next resistance at 1.3780.

Morgan Stanley raised their stock price forecast on Magna International to $96 from $61 and upgraded the mobility technology company’s stock to an “Equal-weight” rating.

Economic data from the Eurozone and ECB President Lagarde will influence today, with corporate earnings from the U.S also in focus.

It’s a bullish start to the day for the majors. Steering clear of the day’s pivot levels would support another breakout.

It’s a mixed start to the day for the majors. Steering clear of the day’s pivot levels, however, would support further gains on the day.

Bitcoin futures hit new all-time highs after hitting $61,000 in the spot market this weekend.

The main reason for making this case was because I felt the CPI numbers were going to continue on their upward growth which indeed, they did.

This morning the U.S. Bureau of laborers released its most current consumer price index for March.