In an article for the Financial Times, BoE MPC member Megan Greene highlighted the challenges facing the UK’s consumption patterns, describing it as a “consumption conundrum.” Despite real incomes rising for over a year and Read more…
Stocks extended one of their strongest year-to-date rallies in three decades last week, with the S&P 500 notching two new record highs. Investors continue to bet that a soft landing for the world’s biggest economy Read more…
In a speech today, Dallas Fed President Lorie Logan said that if the economy continues on her expected path, a strategy of “gradually lowering the policy rate toward a more normal or neutral level” 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. Towels don’t last forever, and over time they can become thin Read more…
US 500 stock index loses steam before reaching all-time high Technical signals show falling buying appetite; support at 5,850 The US 500 stock index is shaky at the top of its uptrend. It recently lost some momentum, Read more…
Market picture The German Producer Price Index fell more than expected, preventing the EURUSD from extending the rebound seen at the end of last week. Producer prices in Europe’s largest economy fell 0.5% in September 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. Stocks are coming off a six week winning streak – the longest of 2024. Wall Street Read more…
Silver price hit new highest since November 2012 on Monday, in extension of last Friday’s record daily rally of 6.4%, with psychological $34.00 barrier being cracked. Increased safe haven demand dragged silver price, as geopolitical Read more…
USD/CHF is showing potential for bullish continuation. The Swiss National Bank may welcome a weaker CHF due to pressure from the swiss export sector. Upcoming US data and geopolitical events, including the IMF meeting and Read more…
The euro has edged lower on Monday. In the North American session, EUR/USD is trading at 1.0838, down 0.24% on the day. ECB’s Kazimir says disinflation continuing The European Central Bank lowered its key interest Read more…