Market picture The crypto market lost another 1.44% of its capitalisation in 24 hours to $2.13 trillion. The pressure is due to the ongoing wave of dollar gains and declines in risk assets due to Read more…
Cable remains firmly in red and accelerated lower on Thursday morning, falling over 1% for the session. Sterling came under increased pressure from dovish comments from BoE Governor Bailey, who said the central bank could Read more…
The NZD/USD pair continues its downward trend, dropping to 0.6240 in its third consecutive session of declines. This ongoing sell-off in the New Zealand dollar is driven by market expectations of an upcoming interest rate Read more…
Eurozone PPI rose by 0.6% mom in August, exceeding expectations of 0.3% mom. On a year-over-year basis, however, PPI fell by -2.3% yoy, slightly better than the anticipated -2.4% yoy decline. Breaking down the monthly 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. Storage is an important part of keeping your home organized. While Read more…
UK PMI Services was finalized at 52.4 in September, down from August’s 53.7, while PMI Composite declined to 52.6 from 53.8. Despite the slight slowdown, the UK economy remains in positive territory, supported by improving Read more…
Eurozone PMI Services was finalized at 51.4 in September, down from August’s 52.9. PMI Composite fell to 49.6 from 51.0, both hitting 7-month lows. This marks the first month since December 2023 that all of Read more…
NZDUSD pulls back from its 15-month top Stochastic tumbles to oversold region RSI falls near 50 level NZDUSD lost more than 2% following the pullback from the 15-month high of 0.6380, flirting with the short-term Read more…
Summary The overall progress in reining in decades-high inflation should be on display with the September CPI report. We look for the headline to advance 0.1%, which would bring the year-over-year rate down to 2.3% Read more…
Summary We have written extensively about the deterioration in the trade relationship between the U.S. and China, and how tensions between the two nations have rewired global trade patterns. Following the implementation of Trump-era tariffs, Read more…