The US dollar has prioritised geopolitics over inflation. Only the BoJ has the power to halt USDJPY gains. The US dollar has proved the sceptics wrong, as it strengthened despite slowing inflation and a lower chance of Fed rate hikes. In July, consumer prices slowed from 3.5% to 3.4%, and the core inflation rate fell […]
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Dollar slipped again after July PPI undershot expectations, reinforcing fading Fed hike bets, annual producer inflation slowed from 5.5% to 4.7% and September hold odds rose to near 70% from around 45% a week ago. Read more…
Intel (INTC) priced a $20 billion stock offering this week, one of the largest equity raises in the history of the chip industry. Shares fell nearly 4% when the deal was first announced, the kind Read more…
Dating back to 1886 as an accommodation division of the Canadian Pacific Railway, the Fairmont chain is perhaps the most famous brand of luxury hotels to come out of Canada. The chain is behind numerous iconic Read more…