In May, Japan’s Tokyo CPI core (excluding fresh food) increased from 1.6% yoy to 1.9% yoy, matching expectations. This rise was primarily driven by higher electricity costs. However, CPI core-core (excluding food and energy) slowed Read more…
Dallas Fed President Lorie Logan suggested at an event overnight that interest rates might not be “as restrictive as” policymakers had anticipated. Emphasizing the need for flexibility, she added, “It’s really important to keep all Read more…
Atlanta Fed President Raphael Bostic told Fox Business overnight that he does not expect further rate hikes to be necessary to bring inflation down to the target. However, he cautioned that if inflation were to Read more…
New York Fed President John Williams told CNBC overnight that current monetary policy is “well-positioned” and “restrictive” enough to help bring inflation down to target levels. He added that further rate hikes are unlikely, stating, Read more…
When economic hardship impacts retail chains, major grocery stores are often spared from bankruptcy court as patrons need to continue shopping for their everyday essential goods. The most recent notable grocery store bankruptcy, however, was Read more…
ECB prepares to cut rates for the first time ahead of the Fed History points to strong possibility of back-to-back rate cuts Both the euro and German DAX tend to underperform on meeting day The Read more…
Key Highlights USD/JPY started a downside correction from the 157.70 zone. A major bullish trend line is forming with support at 156.00 on the 4-hour chart. Gold prices are consolidating above the $2,320 support zone. Read more…
CHFJPY broke key resistance level 172.50 Likely to rise to resistance level 174.00 CHFJPY currency pair recently broke above the key resistance level 172.50, which has been repeatedly reversing the price from the end of Read more…
Oil declined for the second day in a row, reversing down from its 200-day moving average for the third time this month. An OPEC+ meeting is scheduled for this weekend with enough potential to break Read more…
Fast Facts: MoviePass no longer offers an unlimited subscription option. Regal Unlimited ($18.99–$23.99 per month) is the only truly unlimited movie theater subscription membership available today. AMC Stubs A-List is the only movie theater subscription that doesn’t Read more…