The Bank of Canada’s Wednesday hold at 2.25% is fully priced, but economist consensus (first hike in Q4 2027) and market pricing (roughly 1.76 hikes by March 2027) disagree sharply on what comes next — Read more…
UK manufacturing remained in expansion in August, though momentum softened. PMI Manufacturing eased from 51.9 to 51.7, a five-month low but still above 50 for a tenth consecutive month and above flash estimate of 51.5. Read more…
The euro is closing out August with genuine momentum, having climbed to $1.1697 against the dollar, its strongest level in three months, on the back of ECB hike bets that keep gaining traction. French and Read more…
Eurozone manufacturing strengthened further in August, with PMI Manufacturing rising from 51.9 to 52.7, its highest in 51 months. PMI Manufacturing Output increased from 52.9 to 53.3, a 54-month high, while new factory orders rose Read more…
Threats have a shelf life. Say you will do something by Friday, and Friday comes and goes without you doing it, and the people you were trying to frighten stop being frightened. They start doing 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 Not everyone has a sprawling living Read more…
Gold is trying to find its footing following the sell-off. The fate of XAUUSD depends on the dollar and Treasury yields. The US dollar ended August with its second consecutive close in the red. Despite Read more…
Markets The rise in global yields continues unabatedly. Ongoing elevated oil/energy prices, markets anticipating tighter monetary policy and higher (fiscal) risk premia all are possible explanations for this trend move. Ongoing tensions in the Middle Read more…
In what’s widely interpreted as an effort to bring long-term rates down, the US increased the maximum ceiling of Treasury buybacks. Yet the policy largely failed to suppress long-term yields and caused the dollar to Read more…
In focus today In the euro area, we receive the flash inflation data for August. National releases from France and Spain were broadly as expected in headline terms, while the German print came in slightly Read more…