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Trade of the Day: NVDA Eyes Breakout Above $145 on AI Robotics News

Nvidia (NVDA) is showing strong bullish momentum today after reports revealed a potential robotics deployment deal with Foxconn. With NVDA trading above its 50 and 200 EMAs, traders are eyeing a long setup above $145 with price targets of $147.50 and $148.00.

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Fed Rate Decision Uncertainty: Inflation Hedge vs. Rate Cuts Impact

The Federal Reserve is at a crossroads. Internal divisions are emerging regarding the appropriate monetary policy path. Should the central bank prioritize hedging against a potential resurgence of inflation, potentially delaying or even halting rate cuts? Or should it proceed with the previously sig

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Japan Rice Price Surge: Core Inflation Hits New Highs

Japanese households are facing a significant strain as rice prices more than doubled in May. This dramatic increase has propelled core inflation to its highest point since 2023, impacting consumer spending and raising concerns about the cost of living. Understanding the drivers behind this surge is

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Trump Appointee at Fed Signals Dovish Stance: Tariffs and Rate Cuts

A recent statement from a Trump-appointed Federal Reserve official is raising eyebrows. The official expressed doubts that tariffs would significantly contribute to inflation. This position aligns the appointee with the former president's frequent and vocal advocacy for lower interest rates.

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