The latest RBNZ Survey of Expectations showed a mixed shift in inflation forecasts, with short-term price pressures edging higher but long-term expectations trending lower. The survey, nonetheless, reinforces anticipation of further rate cuts. One-year-ahead inflation Read more…
Vice President JD Vance recently made an announcement that is sending shockwaves through the tech sector. When President Donald Trump first named Vance his running mate, speculation rose that the latter’s background in Silicon Valley Read more…
German ECB Governing Council member Joachim Nagel emphasized emphasized that ECB should avoid being on “autopilot” when determining the timing of interest rate cuts. Speaking at the London School of Economics, he stressed that as Read more…
Atlanta Fed President Raphael Bostic signaled uncertainty over the timing of rate cuts, citing ongoing concerns about inflation and policy shifts under the Trump administration. Speaking at an event overnight, Bostic emphasized the need for Read more…
The luxury market has been on a downward spiral over the last few years, facing one of its worst slumps since the Great Recession. This slump is partly due to an unpredictable global economy and Read more…
Fed Chair Jerome Powell acknowledged that the latest inflation data released yesterday confirms the US is making progress but is still “not there on inflation.” Following January’s stronger-than-expected CPI report, Powell said in the Congressional Read more…
It’s been a rough week for financial markets, with the Dow Jones Industrial Average and the S&P 500 mostly trending downward. Granted, the market is facing quite a bit of uncertainty right now as the Read more…
The Dow Jones initially fell following a US inflation report but recovered somewhat. US consumer prices saw their biggest jump in over a year, supporting the Federal Reserve’s stance on interest rates. Fed Chair Powell Read more…
Bitcoin reversed from the support area Likely to rise to resistance level 100,000.00 Bitcoin cryptocurrency recently reversed up from the support area between support levels 93775.00 and 90000.00. This support area has stopped the previous Read more…
CHFJPY reversed from the support area Likely to rise to the resistance level 170.00 CHFJPY currency pair recently reversed up from the support area located between the multi-month support level 166.70 (which has been reversing Read more…