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Month: October 2023

Cryptocurrencies

Will Fed Officials Reiterate Their ‘Higher for Longer’ Mantra?

Policymakers argue surge in yields counts as hike US economy continues to fire on all cylinders Fed to stand pat, but may deliver a hawkish message Decision on Wednesday at 18:00 GMT; press conference at Read more…

By , 3 years ago October 27, 2023
Cryptocurrencies

Week Ahead – Will BoJ Steal the Limelight from Fed and BoE?

Central bank meetings continue in earnest with BoJ, Fed and BoE Fed and BoE to likely stand pat, but BoJ might tweak policy again NFP report and Eurozone flash GDP and CPI data also in Read more…

By , 3 years ago October 27, 2023
Cryptocurrencies

Bank of England Preview – Soft Data Warrants BoE to Stay On Hold

We expect the Bank of England (BoE) to keep the Bank Rate unchanged at 5.25% on 2 November, which is in line with current market pricing. Overall, we expect the MPC to stick to its Read more…

By , 3 years ago October 27, 2023
Cryptocurrencies

Weekly Focus – US Outperformance

High yields for longer remains the key narrative driving financial markets. 10-year US treasury yields traded close to 5% weighing on equity markets and JPY, as the contrast to the low yield regime in Japan Read more…

By , 3 years ago October 27, 2023
Cryptocurrencies

Sunset Market Commentary

Markets The first governors already hit the wires today after yesterday’s ECB meeting. Muller (Estonia), Vasle (Slovenia) and Nagel (Germany) all carry a hawkish label but seem to be at peace with the ECB holding Read more…

By , 3 years ago October 27, 2023
Cryptocurrencies

U.S. Consumer Spending Grows, Despite a Slowdown in Income in September

Personal income grew 0.3% month-on-month (m/m) in September, a deceleration from August’s 0.4% and just below market expectations for 0.4% growth. Accounting for inflation and taxes, real personal disposable income fell -0.1% m/m, following a Read more…

By , 3 years ago October 27, 2023
Cryptocurrencies

Here’s a full breakdown of Taylor Swift’s net worth

TheStreet’s J.D. Durkin brings the latest business headlines from the floor of the New York Stock Exchange as markets open for trading Friday, October 27.  Full Video Transcript Below: J.D. DURKIN: I’m J.D. Durkin – Read more…

By , 3 years ago October 27, 2023
Cryptocurrencies

NFL legend Michael Irvin on where football meets business: ‘There’s no isolated success’

Full Transcript Below: J.D. Durkin: At this point of your life and career, Michael, how do you go about deciding what business opportunities you want to take advantage of? Michael Irvin: You know with a Read more…

By , 3 years ago October 27, 2023
Cryptocurrencies

Las Vegas Strip labor situation turns ugly as strike looms

Las Vegas Culinary Union Local 226 took to the city’s most famous street, the Las Vegas Strip, on Oct. 25 to make a statement in their fight for a new contract. The union, which has Read more…

By , 3 years ago October 27, 2023
Cryptocurrencies

Dad with creative solution for economy travelers is going viral on TikTok

Both travelers and airlines often come up with all kinds of ways to make a long flight in economy more bearable. A plane full of people once saw a fellow traveler use the blanket one Read more…

By , 3 years ago October 27, 2023

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