Cryptocurrencies
Sunrise Market Commentary
Markets USD/JPY surges to 157.1 this morning. The pair has now recouped about half of the impressive JPY gains earlier this month. The Bank of Japan as expected lifted the policy rate by 25 bps Read more…
Cryptocurrencies
Bank of Japan Hikes and Bank of England on Hold
In focus today In the euro area, The ECB’s Consumer Expectations Survey is released today. Inflation expectations remain higher than before the war but have trended lower over the past three months. It will be Read more…
Cryptocurrencies
UK Retail Sales Rise 0.5% as Non-Food Stores Recover
UK retail sales volumes rose 0.5% mom in August, reversing July’s unrevised 0.5% decline and beating expectations for a 0.3% contraction. Annual growth accelerated from a downwardly revised 1.2% to 2.4%, above the 1.9% consensus. Read more…
Cryptocurrencies
USD/JPY Jumps as Back-to-Back BoJ Hike Risk Fades—Can Momentum Carry It Back to 160?
TL;DR: USD/JPY is testing 157.11 as one widening policy differential, not two separate stories—the Fed is accelerating into a new tightening phase while the BoJ’s divided vote reduced the odds of a back-to-back hike, both Read more…
Cryptocurrencies
Walmart’s $190 AI-enabled 2-in-1 laptop and tablet is now 50% off
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 Laptops and tablets are two of Read more…
Cryptocurrencies
Walmart’s highly rated spacious travel backpack that comes in 5 colors is on sale for $30
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 Everyone deserves a relaxing getaway now Read more…
Cryptocurrencies
RBA Turns More Hawkish as Excess Demand Meets Global Inflation Shock
RBA officials delivered a broadly hawkish message ahead of the September 29 policy meeting, warning that inflation risks identified last month were beginning to crystallize. In her opening statement to the House of Representatives Standing Read more…
Cryptocurrencies
BoJ Raises Rate to 1.25%, Yet Dovish Dissents Cloud Next Move
The Bank of Japan raised its policy rate by 25bp from 1.00% to 1.25%, its highest level since 1995, but the 7–2 vote exposed a widening political and policy divide over further normalization. The increase, Read more…
Cryptocurrencies
Japan Core CPI Slips to 1.7%, but Underlying Inflation Holds at 1.9%
Japan’s headline CPI was unchanged at 1.9% y/y in August, while the seasonally adjusted index was flat on the month. CPI excluding fresh food slowed from 1.8% to 1.7% y/y, undershooting the 1.8% consensus and Read more…
Cryptocurrencies
Cliff Notes: Seeking to Instil Trust
Key insights from the week that was. As expected, after last week’s US CPI confirmed an unwelcome degree of persistence in consumer inflation, the FOMC voted to raise the fed funds rate by 25bps to Read more…