In focus today From the US, the NFIB’s small business optimism index for August is due for release. Overnight, China releases CPI and PPI data for August. After a drop from 4.1% y/y to 3.5% Read more…
RBA Assistant Governor Sarah Hunter kept the door open to further tightening on Tuesday, saying at a property conference that “inflation is a top priority right now.” She added that if inflation looks likely to Read more…
Rate hike in November moves back into the base case, on more resilient household incomes and larger spillovers from the data centre boom than previously forecast. The likelihood of an additional rate hike has risen Read more…
China’s trade performance strengthened further in August, with exports accelerating from 23.9% to 25.0% y/y and imports rising from 27.5% to 28.2%. The trade surplus widened from USD 112.5bn to USD 119.09bn, taking the cumulative Read more…
The divergence in China’s economy became even more pronounced over the past quarter as consumer demand weakened further while export growth reached new heights and tech keeps booming. We expect this two-speed economy to continue 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 Perhaps no watch brand has as 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 Personal computing looks almost nothing like Read more…
Strong Japanese GDP and wage data have pushed a September BoJ hike to near-certainty, and while AUD/JPY and NZD/JPY are both falling on Yen strength, the underlying stories differ — Australia’s hawkish RBA narrative is Read more…
Key Highlights Gold started a downside correction from $4,700 and tested the $4,280 support. A bearish trend line is forming with resistance at $4,480 on the 4-hour chart. WTI Crude Oil remained elevated and might Read more…
The short-term Elliott Wave view for the S&P 500 (SPX) indicates that the cycle from the June 9 low is approaching maturity. The structure is close to completing a five-wave impulsive sequence. From that low, Read more…