Canadian inflation will dominate the data calendar next week. The backward-looking September CPI numbers should confirm that current price pressures are still too high and broadly based to take the Bank of Canada off its Read more…
Google’s new mobile search results, complete with reformatted favicons, site names, and the new “Sponsored” tag. | Image: Google Google is changing how it formats search results on mobile, the company announced today. Paid results Read more…
New Zealand’s CPI inflation readings for the third quarter will make headlines on Monday at 21:45 GMT. Estimates suggest that growth in consumer prices slowed down, though unlike its Australian peer, the RBNZ has poured cold water Read more…
Whenever you think the Las Vegas Strip has one of everything, something new gets added to the iconic 4.2-mile stretch of road. While Las Vegas sits in the middle of a desert, it’s easy enough Read more…
Inflation will dominate the market theme again in the coming week as, after the United States, it will be the turn of others to face their inflation demons. With the risk of recession growing by Read more…
Markets The UK just won’t leave the spotlights these days. It started today with overnight news of Chancellor Kwarteng hurrying to jump on the final flight from Washington DC to London to salvage his unraveling Read more…
GBP/USD slides amid gilts firesale Sterling drifts lower amid a liquidity crunch in the UK’s gilt market. In an attempt to prevent the market’s collapse, the Bank of England has been forced to step in Read more…
The sudden drop in the pound and the emergency intervention by the BOE is largely attributed to the release of Chancellor Kwarteng’s “mini-budget”, at least in the media. That gives the impression that the issue Read more…
After a month on the job, Kwasi Kwarteng is no longer the UK Chancellor of the Exchequer. The head of the UK Treasury was asked to step aside three weeks after he announced the “mini-budget”, Read more…
Is donating to a political campaign a good use of Americans’ money? Voters don’t think so. It’s political season, but Americans aren’t rushing to financially support any political campaigns. That’s the takeaway from a new Read more…