Boris Johnson refuses to honor the Brexit delay, U.S. new job numbers fell again, & Apple is looking to streaming to bolster revenue.
U.S. job openings fell for a second straight month in July amid decreases in wholesale trade and the federal government, which could bolster economists’ views that job growth has peaked. Affects USD
European shares fell in early trading on Tuesday, dragged down by a sell-off in defensive sectors and on disappointing China data that stoked recession worries ahead of the European Central Bank’s monetary policy meeting later this week. Affects EUR
Apple Inc on Tuesday announced pricing for its forthcoming streaming TV service as well as updates to its iPhone lineup, as the tech giant reaches a turning point where it focuses as much on services as its hardware and software. Affects Apple Inc
U.S. household incomes barely rose during President Donald Trump’s second year in office but the poverty rate fell to 11.8% last year from 12.3% in 2017. Affects USD
Boris Johnson said on Tuesday he would not request an extension to Brexit, hours after a law came into force demanding that he delay until 2020 unless he can strike a divorce deal. Affects GBP
The U.S. Crude Oil Inventories will be released. The Energy Information Administration’s (EIA) Crude Oil Inventories measures the weekly change in the number of barrels of commercial crude oil held by US firms. Affects Brent.
The shift in focus for this tech company shows their desire to stay with the times as the iPhone’s sales numbers continue to fall the company looks toward streaming to help increase revenue.
Looking at the 4H TF, a Three Inside Down pattern has emerged as the price approached the resistance line.
This pair’s 4H TF has shown a Three Inside Down pattern, maintaining the downtrend.
The metal’s 4H TF has produced a Three Inside Up pattern reversing the trend upward, though it is approaching its resistance level.