Market Overview The crypto market capitalisation fell 2.6% over the day to $2.2T, following a global sell-off of risky assets triggered by hawkish comments from the new Fed Chair, Warsh. However, after the initial sell-off, 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 You don’t need to have an Read more…
GBPUSD is attempting to stabilise near 1.3317 on Thursday morning. The pound sterling barely reacted on Wednesday to weaker-than-expected UK inflation data. Investors preferred to take a wait-and-see approach ahead of today’s labour market statistics Read more…
The GBP/JPY pair has come under pressure after the Bank of Japan raised its policy rate to 1.0% on 16 June. The Bank of England is following the opposite path: at its 30 April meeting, Read more…
Gold and Silver came under renewed pressure after the Federal Reserve delivered a more hawkish-than-expected set of projections, prompting investors to quickly price in another rate hike later this year. While the Fed left rates Read more…
The Federal Reserve has officially concluded its fourth meeting of the year — and its first with Chairman Kevin Warsh at the helm. Despite the leadership change, though — and Warsh’s notably more dovish economic Read more…
The British pound remains under pressure following weaker-than-expected inflation data, which has reinforced expectations of further monetary easing by the Bank of England. Investors are staying cautious ahead of today’s policy meetings of both the Read more…
The Swiss National Bank delivered one of the least surprising decisions of the week, leaving its policy rate unchanged at 0% and signaling little urgency to alter its policy stance anytime soon. Despite inflation rising Read more…
The Swiss National Bank is leaving the SNB policy rate unchanged at 0%. Banks’ sight deposits held at the SNB will be remunerated at the SNB policy rate up to a certain threshold. The discount Read more…
Markets Fed Chair Warsh made it clear that he is here to make changes. At his first meeting as Chair, the Fed left the federal funds target range unchanged at 3.50%-3.75% in the first unanimous Read more…