EURCHF: ⬇️ Sell – EURCHF reversed from resistance zone – Likely to fall to support level 0.9150 EURCHF currency pair recently reversed down from the resistance zone between the key resistance level 0.92500 (which has Read more…
Markets Close to consensus and partially irrelevant; yesterday’s European flash PMIs had little impact on markets. An improvement in the services sector lifted the composite indicator to a still below-neutral 49.5. But most of the Read more…
A wave of selling in the technology sector that emerged earlier this week has weighed on European equities. The trigger was investor concern over the profitability of large-scale debt-funded investments by major US tech companies Read more…
The euro remains under pressure following weak macroeconomic data from the euro area and fresh signals that the European Central Bank is prepared to maintain a more accommodative monetary policy stance. Data released yesterday pointed Read more…
In focus today In Sweden, today’s main focus will be on the Riksbank minutes. Last week, the Riksbank left the policy rate unchanged at 1.75% and raised the rate path. In May, the board was Read more…
Every technology boom eventually gets a villain the public can picture. For the railroads, it was land grabs. For artificial intelligence (AI), it became a data center quietly drinking a town’s water while a chatbot Read more…
Key takeaways The correction in AI and semiconductor stocks has broadened beyond isolated names into a wider valuation reset. Investors are increasingly questioning whether the pace of AI-related capital expenditure can continue to justify current Read more…
Dollar’s rally gathered further momentum this week as a combination of technology-sector liquidation, quarter-end positioning, and growing expectations of additional Federal Reserve tightening pushed Dollar Index through a critical long-term technical barrier. The move marks 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 Keeping your home organized can be Read more…
The May CPI fell –0.7%mth to be up 4.0%yr. Trimmed mean rose 0.4%mth/3.6%yr. The May CPI fell –0.7%mth to be up 4.0%yr. This was below our estimate of 4.4%yr and market expectations of 4.3%yr. May Read more…