USD/JPY soared to 162.78 in the middle of the week, reaching its highest level in nearly 40 years. This sharp move has intensified expectations of possible currency intervention by Japanese authorities to support the national Read more…
The UK’s manufacturing sector remained firmly in expansion territory in June, although growth eased slightly from May’s four-year high. The S&P Global UK Manufacturing PMI slipped from 53.9 to 52.5, below the earlier flash estimate Read more…
Eurozone manufacturing remained in expansion territory in June despite a modest slowdown in headline activity. The S&P Global Eurozone Manufacturing PMI eased from 51.6 to 51.4, a four-month low, while the Manufacturing Output Index rose Read more…
After a strong rally in the US dollar at the end of last week, the currency has moved into a consolidation phase against major counterparts. Investors remain cautious ahead of the release of the ADP Read more…
Market Overview The crypto market is trading at $2.06T, unchanged from the previous day. Still, the current levels represent a recovery from a low of $2.02T, where the cap had fallen at the start of 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 If you’re doing lawn work this Read more…
Markets A combination of data, comments from the ECB Sintra forum and some final end-of-quarter repositioning were the drivers for trading at the final session of the quarter. July inflation data from EMU members including Read more…
BT Group spent more than 18 months looking for a buyer for its international business. Nobody bit. So BT did something different: It gave half of its international business to Verizon and kept the other Read more…
The NASDAQ Composite ended the second quarter with its strongest performance in six years, but the bigger story may be what comes next. After surging 21.41% during the quarter to close at 26,213.72, the tech-heavy Read more…
Japan’s business confidence improved more than expected in the second quarter, with the Bank of Japan’s Tankan survey showing sentiment among large manufacturers rising from 17 to 22 in June, well above the market consensus Read more…