ECB meets on Thursday; a rate cut is expected Market will look for hints of back-to-back rate cuts A dovish rate cut could match expectations and push euro/dollar lower Decision will be announced on Thursday Read more…
The ISM Manufacturing Index slipped further into contractionary territory in May, dipping to 48.7 from 49.2 in April, disappointing expectations for a marginal gain. The contraction also became more broad based, with 55% of manufacturing Read more…
Icon of the Seas, the largest cruise ship in the world, offers more than 100 new drinks that aren’t served on other Royal Caribbean ships. The cruise line has also introduced a number of new Read more…
AUDUSD stands at the front foot on Monday and extends advance into third straight day, pressuring pivotal barrier at 0.6680 (recent range ceiling). Fresh strength further improves near term outlook, boosted by positive signal from Read more…
Markets On Friday a divergent narrative of in line, rather soft US price deflators and higher than expected EMU May CPI inflation caused US and EMU interest rate markets to part ways, with US yields Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. When it seems as if every summer is getting hotter, it’s time Read more…
US ISM Manufacturing PMI fell from 49.2 to 48.7 in May, below expectation of 49.8. Looking at some details, new orders fell from 49.1 to 45.4. Production fell from 51.3 to 50.2. Employment rose from Read more…
TheStreet’s Conway Gittens brings the latest business headlines from the floor of the New York Stock Exchange as markets open for trading Monday, June 3. Related: Spotify CEO is shocked by negative impact of recent Read more…
Daily Pivots: (S1) 1.0812; (P) 1.0847; (R1) 1.0883; More…. No change in EUR/USD’s outlook as range trading continues. Intraday bias stays neutral at this point. On the upside, firm break of 1.0894 will resume whole Read more…
Daily Pivots: (S1) 1.2706; (P) 1.2736; (R1) 1.2772; More…. GBP/USD is stay in consolidation from 1.2799 and intraday bias remains neutral. Further rise is expected as long as 1.2670 support holds. Above 1.2799 will resume Read more…