US nonfarm payrolls to be released on Friday, 12:30 GMT Analysts estimate softer employment conditions in July Gold might push for an uptrend resumption if jobs data disappoint Will July’s NFP report be a game-changer? Friday’s 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. Investor sentiment is on the upswing after strong Meta results. Better-than-expected sales and profits soothed recent Read more…
Cable traded in a choppy mode with limited downside after BOE rate cut and regained traction on much higher than expected US jobless claims. The pair returned above 1.2800 mark after hitting the lowest in Read more…
Photo by Becca Farsace / The Verge We may be well into the M3 generation of Mac laptops (and even M4 for iPad Pros), but if you’re on a budget, the M2 MacBook Air is Read more…
US ISM Manufacturing PMI dropped from 48.5 to 46.8 in July, falling below the expected 48.8. This marks the fourth consecutive month of contraction for the manufacturing sector, with the decline accelerating. New orders fell Read more…
At today’s monetary policy meeting, the Bank of England decided to cut the Bank Rate by 25bp to 5.00%. A tight vote split, the notion of it being a finely balanced decision to cut rates Read more…
Markets After the Fed’s most clear pivot towards imminent rate cuts yesterday, the Bank of England thought it could do even better. It cut the policy rate by 25 bps to 5% in a 5-4 Read more…
Market picture Cryptocurrencies continued to sag, failing to support gains in the stock market, returning the crypto market cap to $2.30trn levels seen a week ago. The market formed another lower local peak, a sequence Read more…
PayPal (PYPL) says 2024 is a year of change and believes they are on the right track. The fintech giant said in January that it plans to launch innovation for merchants and consumers, including a Read more…
Daily Pivots: (S1) 148.42; (P) 151.16; (R1) 152.72; More… Intraday bias in USD/JPY remains on the downside for the moment. Strong support could be seen from 148.66 fibonacci level to bring consolidations. On the upside, Read more…