BoE Deputy Governor Dave Ramsden said in a speech that before the November MPC meeting, policymakers will be seeking answers to “a range of questions” to assess how quickly inflation will return to target. For Read more…
Stock futures mixed ahead of key jobs data that investors hope will provide more clues on whether the Fed will continue its inflation-fighting rate-hike campaign. Stock futures were mixed on Friday after posting declines for Read more…
Stock futures are down after the release of key jobs data as the slump that has plagued Wall Street goes into its third day. Stock were falling on Friday as Wall Street reacted to September’s Read more…
The EV maker currently markets four models but will add a fifth before the end of the year. It’s a hectic week that is about to end for Elon Musk. The charismatic and visionary CEO Read more…
According to ECB’s Consumer Expectations Survey (CES) in August, inflation expectations were largely unchanged comparing with July. Nevertheless, mean inflation expectations for the 12 month ahead dropped slightly, and could have peaked. Growth expectations also Read more…
GBPJPY is posting a bearish correction after the 11% gain and the rebound off the 26-month low of 148.80. Currently, the price is testing the 20- and 50-day simple moving averages (SMAs) and slightly lower Read more…
Import prices in Germany jumped by 4.3% in August, dashing hopes of waning inflationary pressures. The year-on-year growth rate has accelerated from 28.9% to 32.7%, marking a new record since 1974 – another consequence of Read more…
The Euro edges higher in European trading on Friday, consolidating a sharp fall on Wed/Thu (2.04%). Renewed risk aversion which dragged the euro lower, is likely to gain pace as markets expect a robust US Read more…
Stock futures are higher ahead of the release of key September jobs data; Musk gets a slightly more time from a judge to close a deal with Twitter; Credit Suisse buys back $3 billion of Read more…
USD/JPY has been hovering close to the 145 line most of the week, and the trend has continued today. In the European session, USD/JPY is trading at 144.81, down 0.21%. The US releases nonfarm payrolls Read more…