DXY, USD/CAD, USD/ZAR Analysis Dollar dip unlikely to persist – USD fundamentals remain strong USD/CAD drops after hot Canadian inflation print Impressive ZAR unwinds despite a weaker dollar Dollar Dip Unlikely to Persist – USD Fundamentals Remain Strong The US dollar basket (DXY) – a benchmark for dollar performance against select major currencies – trades...Read More
Joe Biden must act to reduce mounting economic pressure by ditching “woke advisers”, Mitt Romney said. The Utah senator and former Republican presidential nominee made the demand in a column for the Wall Street Journal. “A new set of priorities requires a new set of principals,” Romney wrote. “President Biden needs to ditch his woke...Read More
AUSTIN, Texas (Nexstar)—At the state’s capitol on Wednesday, the International Relations and Economic Development House committee was briefed on how ending trade with Russia would affect Texans. This would be done to stand in solidarity with Ukraine, as they endure an unprovoked war with Russia. Dr. Ray Perryman, an economist, president and CEO of The...Read More
LONDON/NEW YORK, April 20 (Reuters) – The Japanese yen recovered from a fresh two-decade low on Wednesday after the Bank of Japan stepped into the market again to defend its ultra-low interest-rate policy, drawing a sharp contrast with the United States where the Federal Reserve is on an aggressive tightening path. Traders said the dollar’s...Read More
Price increases, rising interest rates, steady but slowing economic growth, and steady job growth are projected for the Omaha-Council Bluffs area, according to a new economic and employment outlook report from the College of Business Administration (CBA) at the University of Nebraska at Omaha (UNO). The report was authored by UNO student authors Brandon Bergfalk,...Read More
Brokerages expect that Dollar Tree, Inc. (NASDAQ:DLTR – Get Rating) will announce earnings per share (EPS) of $2.00 for the current quarter, according to Zacks. Ten analysts have made estimates for Dollar Tree’s earnings, with estimates ranging from $1.85 to $2.21. Dollar Tree reported earnings of $1.60 per share in the same quarter last year,...Read More
Oil Fundamental Analysis Oil had a good run overnight, but we are still a tractor pull between global supply deficits and China’s covid demand crunch at the end of the day. On a positive note, Shanghai is targeting a lockdown turning point by Wednesday, although the outbreak seems to more cities. However, for oil prices...Read More
As images of Russian brutality against innocent Ukrainians shock the conscience of the world, there is a natural impulse to frame the struggle in Europe as part of a global contest between democracies and autocracies. Taiwan’s leaders would be wise to restrain those impulses. Drawing analogies between Ukraine today and Taiwan tomorrow risks generating more...Read More
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