BoJ kept its benchmark interest rate unchanged at 0.50% today, by unanimous vote, in line with expectations. However, it struck a cautious tone on the economic outlook by sharply cutting its growth forecasts. The central bank now projects Japan’s real GDP to grow just 0.5% in fiscal 2025, down from the 1.1% forecast in January, […]
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European Session Recap European markets began the day on the back foot as market participants digested a proposed tax-cut bill that threatened to enlarge the US deficit. Opposition to President Trump’s tax plans and the Read more…
US initial jobless claims fell -2k to 227k in the week ending May 17, below expectation of 230k. Four-week moving average of initial claims rose 1k to 232k. Continuing claims rose 36k to 1903k in Read more…
When you join Costco or Sam’s Club, most people consider the membership fee relatively irrelevant. If you buy regularly at either chain, you certainly get that money back in savings over time and one big-ticket Read more…