An overnight inversion of the U.S. Treasury yield curve, the market’s go-to recession indicator, heaps added pressure on the Fed as minutes from its June meeting are published later today. U.S. equity futures edged lower Read more…
Hike to an ice cave, go on a safari to see the world’s largest migration, or travel across a massive ancient volcanic crater filled with wildlife at one of these top outdoor destinations. Pandemic concerns Read more…
Gold collapsed more than 2.3% in trading on Tuesday, the second steepest daily drop a year after falling 2.5% on June 13. The sharp decline yesterday was due to a combination of several negative factors. Read more…
EURJPY extended Tuesday’s 1.3% loss to a new three-week low of 138.25 during the early European trading hours on Wednesday as the bearish technical signals remained well intact. The RSI has further stretched its downfall below Read more…
Another day of political turmoil awaits Johnson’s government after two top cabinet members Sunak and Javid resigned yesterday. But does the British pound care? What has Boris Johnson done now? Not for the first time, Read more…
The British pound has edged lower today after a massive slide of 1.18% yesterday. GBP/USD is trading at 1.1944 in the European session, down 0.14% on the day. Today’s highlight is the FOMC minutes from Read more…
Tesla sold a record 78,000 China-made cars last month, an industry group reported Wednesdsay. Tesla (TSLA) – Get Tesla Inc. Report shares edged lower Wednesday despite data from China showing a solid rebound in June sales, Read more…
“Amazon has redefined convenience with Prime and we’re confident this offering will expose many new diners to the value of Grubhub+,” said Grubhub CEO Adam DeWitt. Just East Takeaway (TKAYF) shares surged higher in Amsterdam Read more…
Stock futures steady, yield curve inverts as recession fears linger; Fed minutes in focus as growth bets quickly fade; Oil prices higher, OPEC secretary general Barkindo dies at 63; Amazon takes small stake in Grubhub Read more…
Bulls are taking a breather under new two-decade high, following Tuesday’s 1.3% rally, sparked by fresh risk aversion on recession fears, while the greenback remains underpinned by expectations aggressive Fed, as the US central bank Read more…