Trading the News: U.S. Consumer Price Index (CPI) Even though the U.S. Consumer Price Index (CPI) is expected to hold steady at an annualized 1.1% in May, an uptick in the core rate of inflation may prop up the greenback and spark a near-term pullback in EUR/USD as it puts greater pressure on the Federal Open Market Committee (FOMC) to further normalize monetary policy sooner rather than later. What’s Expected: ...
S&P 500 Weekly: ranging within bullish levels. The weekly price located fare above 200 SMA for the bullish market condition: price broke 100 SMA to be reversed from the ranging bullish to the primary bullish market condition with 2119.25 resistance as a nearest bullish target. If the price breaks 2021.75 support level so the price will be reversed to the ranging bullish market condition with the secondary correction to be started. ...
Chinese smartphone company Xiaomi and Microsoft will reportedly further expand their global cooperation partnership to provide innovative user experience on mobile devices. As a part of their agreement, Xiaomi will pre-install Microsoft's applications, including Office and Skype, on its Android smartphones and tablets, allowing its users to enjoy new work collaboration and communication methods. Meanwhile, the new cooperation of the two ...
Britney Spears has wrapped up filming the video for "Make Me (Oooh)," her new single featuring G-Eazy. The new video was directed by David LaChapelle. Though not many details have been released regarding the new video, expect to see lots of skin, at least according to a picture Spears posted in Instagram alongside G-Eazy, in which she is wearing a barely-there outfit. more...
AC/DC's Brian Johnson may have the chance to rejoin the band after all, according to Rolling Stone. The frontman, who has currently been replaced by Guns N' Roses Axl Rose, was first told his hearing loss was so bad he may never be able to sing again. Since then Johnson has met with ear specialist Stephen Ambrose for treatment. "It works. It just totally works and you can't argue with that. I was really moved and amazed to be able to ...
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