Wall Street kicked-off the second half of the year much as it ended the first: focused in the impact inflation will have on growth prospects for the world’s biggest economy. Updated at 8:01 am EST Read more…
The Eurozone CPI data came in earlier, although we already had inflation data from several countries in the block earlier in the week, meaning it didn’t have a significant impact on the markets. Nevertheless, the Read more…
The Euro started a fresh decline below the 1.0500 support zone against the US Dollar. The EUR/USD pair even traded below the 1.0420 level before the bulls appeared near the 1.0380 level. A low is Read more…
“Given the environment and market volatility, the Board determined that it simply was not prudent to continue pursuing a deal,” said chairman Peter Boneparth. Kohl’s Corp. (KSS) – Get Kohl’s Corporation Report shares plunged lower Friday Read more…
Can you travel to Europe without having to quarantine or get tested? The changing requirements are enough to make your head spin. This list can help. Many countries are reopening their borders to international travelers. Read more…
Tesla will publish Q2 deliveries over the coming days following the biggest three-month decline on record for shares of the world’s most-valuable carmaker. Tesla (TSLA) – Get Tesla Inc. Report shares, fresh off their worst quarterly Read more…
“We saw a significant reduction in near-term industry bit demand, primarily attributable to end demand weakness in consumer markets,” said CEO Sanjay Mehrotra. Micron Technology (MU) – Get Micron Technology Inc. Report shares slumped lower Friday Read more…
Stock futures edge lower following worst quarter in 50 years; Micron shares slide on grim chip sector sales forecast; Tesla shares bump as investors brace for Q2 deliveries; Kohl’s shares tumble on report of cancelled Read more…
Eurozone CPI accelerated from 8.1% yoy to 8.6% yoy in June, above expectation of 8.3% yoy. However, CPI core slowed from 3.8% yoy to 3.7% yoy, below expectation of 3.9% yoy. Looking at the main Read more…
UK PMI Manufacturing was finalized at 52.8 in June, down from May’s 54.6, a two-year low. S&P Global said output growth slowed to near-stagnation pace as new orders intakes fell for the first time since Read more…