U.S. stocks are likely to get more expensive this year, a Wall Street analyst forecast Monday, but that isn’t likely to stop the S&P 500 from adding to its recent run of all-time highs as Read more…
Summary Consumer price inflation likely firmed in June relative to May but remained on a downward trajectory through the month-to-month noise. We estimate headline CPI rose 0.1% in June, with a decline in gasoline prices Read more…
If there’s one key data point many CEOs and data wonks take seriously above all else, it’s typically monthly inflation numbers. The most recent numbers for the Consumer Price Index (CPI) show that prices in Read more…
Further decline in headline CPI is expected in June Labour market is also showing signs of slowdown Will Thursday’s report (12:30 GMT) convince the Fed it’s time to cut? Ahead of that, Powell testifies on Read more…
USDJPY hits key Fibo retracement level But momentum indicators still point to weakness A break above 161.35 could pave the way towards 161.65 A slide below 160.35 may invite more bears USDJPY traded higher today Read more…
Markets Yesterday’s second round in the French parliamentary elections resulted in a hung parliament, be it in a totally different setup than polls suggested. Le Pen’s Rassemblement National (RN) unexpectedly finished third, securing 143 seats. Read more…
While a heat wave is currently moving through many parts of the U.S., airlines are already thinking of the winter sun-seeking season and the growing traveler interest in new destinations across the Caribbean and Central Read more…
At the start of spring, Canada’s primary carrier, Air Canada ACDVF , was embroiled in controversy after First Nations Chief Cindy Woodhouse Nepinak took to social media to describe her experience trying to board a domestic flight while Read more…
Transcript: CONWAY GITTENS: I’m Conway Gittens reporting from the New York Stock Exchange. Here’s what we’re watching on TheStreet today. Investors are looking ahead to two key inflation reports – the consumer price index out Thursday, Read more…
Daily Pivots: (S1) 1.0813; (P) 1.0827; (R1) 1.0854; More…. Intraday bias in EUR/USD remains on the upside, as rise from 1.0665 is in progress for retesting 1.0915 resistance. Firm break there will target 100% projection Read more…