The world of professional golf has been in an awkward place ever since the inception of the Saudi-backed LIV Golf professional golf league in 2022. The league has poached several golfers from the PGA Tour Read more…
Yield curves flattened further this week as longer dated yields traded lower on the back of softer US labour market data and not least ECB’s Schnabel’s interview with Reuters where she passed on the opportunity Read more…
Will Fed officials be the first to cut rates or will the ECB beat them to it? Falling inflation everywhere means a bearish US dollar is not a given Yen stands to gain from rate Read more…
Fed, ECB, BoE and SNB hold their final policy decisions of the year Will they push back on rate cut expectations? US CPI and flash PMIs will be crucial too UK GDP, Aussie jobs also Read more…
The energy industry has undergone several major changes in the XXI that are becoming increasingly apparent. The global oil market, particularly Brent crude, has entered a phase of notable decline, with prices plummeting to six-month Read more…
US jobs data for November comes out 199K vs 184K expected. Unemployment rate changed from 3.9% to 3.7%. It appears that what CPI did a month back, the NFP takes it all back on the Read more…
Markets The diptych of today’s US payrolls and next Tuesday’s US November CPI are the ultimate input for the Fed policy decision next Wednesday. Even as central bankers in their toolbox switched forward guidance for Read more…
Tis the season for festive red cups, work holiday gift exchanges and, naturally, ugly Christmas sweaters. The history of the bright sweater decorated with as many gaudy festive motifs as possible dates back to the Read more…
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, December 8th. Full Video Transcript Below: J.D. DURKIN: I’m J.D. Durkin – Read more…
Non-farm payroll employment rose by 199k in November, slightly ahead of expectations calling for a gain of 185k. Employment figures for September were revised lower by 35k, while October numbers were unchanged. Hiring over the Read more…