Key Highlights USD/JPY formed a base above 146.20 and recovered some losses. It cleared a key contracting triangle with resistance at 147.50 on the 4-hour chart. EUR/USD could react to the downside if it stays Read more…
Key insights from the week that was. For Australia, the only data release of note this week was the August Westpac-MI Consumer Sentiment Survey. It did not disappoint though, the headline index surging 5.7% to Read more…
Japan’s inflation slowed again in July, with core CPI (ex-fresh food) easing to 3.1% yoy from 3.3% yoy, slightly above expectations of 3.0% yoy. Headline CPI also dipped to 3.1% yoy. The moderation was driven 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. Why we love this deal The last thing you want to Read more…
Chicago Fed President Austan Goolsbee struck a cautious tone, telling Bloomberg TV that while next month’s FOMC meeting is “live,” the recent pickup in services inflation has made him hesitant about supporting a rate cut. Read more…
Cleveland Fed President Beth Hammack signaled little appetite for near-term easing, telling Yahoo Finance that if the FOMC were meeting tomorrow she “would not see a case for reducing interest rates.” She stressed that inflation Read more…
After closing over 30 underperforming stores last year, Ahold Delhaize-owned Stop & Shop is continuing its streamlining efforts. This time, it is targeting its e-commerce business and making even more cuts to its real estate Read more…
I am an Apple person—I always have been—and they’ve got me just where they want me. In addition to the five iPhones in my household, plus the various iPads, iMacs, MacBooks, etc., I’m paying $37.95 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. Why we love this deal Some people are lucky enough to Read more…
Slow productivity growth is now recognised as not requiring tight monetary policy to keep demand in check. But what if tight monetary (and other) policies make productivity worse? Traditionally, economic theory has assumed that monetary Read more…