Good morning. Futures are restrained as investors await the release of key economic data, namely the Producer Price Index (PPI) and Initial and Continuing Jobless Claims. Both will be instrumental in discerning what direction the Read more…
The pharmacy and drugstore retail sector has faced economic issues over the last three years that have resulted in several retailers closing hundreds of stores. Drugstore chain CVS in 2021 revealed it would close 900 Read more…
US CPI for July in line with expectations – headline +0.2% m/m, core +0.3% m/m; annual rates at 2.7% and 3.1% respectively. Wall Street rallies, dollar softens – major indices post solid gains, US Treasury Read more…
The emergence of the Japanese yen’s strength has materialized as expected that saw the USD/JPY recording a week-to-date drop of -0.9% at this time of writing and breaking below the first support of 146.60 highlighted Read more…
Market Overview The crypto market cap rose to $4.20 trillion on Thursday morning before dropping back down somewhat to $4.14 trillion. But even with the correction, the daily gain is close to 2%, led by Read more…
This week, forex traders’ attention is firmly on the AUD/USD market following key news releases from Australia: → Tuesday: Interest rate decision. According to ForexFactory, analysts’ forecasts were confirmed as the Reserve Bank of Australia 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. Changing up your decor can be freeing and fun. With fall 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. While rocking chairs may give off an old-school vibe, lounging on Read more…
San Francisco Fed President Mary Daly pushed back against the idea of a 50bps rate cut at the September FOMC meeting, a move strongly advocated earlier this week by Treasury Secretary Scott Bessent. In a Read more…
Eurozone industrial production fell sharply by -1.3% mom in June, missing expectations of a -0.8% mom drop. The breakdown showed a mixed picture, with energy output up 2.9% mom, but declines in other categories: intermediate Read more…