Juneteenth has become a widely observed holiday in the United States, commemorating the end of slavery; it is the nation’s newest federal holiday. Communities across the country celebrate with festivals, parades, and concerts, and many Read more…
UK retail sales volumes rose 1.2% mom in May, comfortably beating expectations of 0.5% mom and providing fresh evidence that consumer spending remains resilient despite high interest rates and a slowing economy. Sales volumes were Read more…
Markets Needless to say that new Fed chair Warsh made it clear that he wants to break with the Bernanke-Yellen-(Powell) era. Inflation has been running above target for five years and it’s time to fix Read more…
Key takeaways The reopening of the Strait of Hormuz has accelerated the unwinding of the geopolitical risk premium. Crude oil has fallen sharply, with WTI posting a 10% weekly decline as Gulf oil exports resume Read more…
EURUSD: ⬇️ Sell – EURUSD broke support zone – Likely to fall to support level 1.1400 EURUSD currency pair recently broke the support zone between the strong support level 1.1500 (which has been reversing the Read more…
GBPUSD: ⬇️ Sell – GBPUSD broke support zone – Likely to fall to support level 1.3160 GBPUSD currency pair recently broke the support zone between the support level 1.3300 (which stopped the previous impulse wave Read more…
Juneteenth has become a significant date on the American calendar, commemorating the end of slavery in the United States and marking the nation’s newest federal holiday. As Americans prepare for the holiday, investors may be 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 As the spring grows warmer by Read more…
EUR/GBP’s advance this week is telling a bigger story than simple Euro strength. What markets are really pricing is a fading belief that the Bank of England will need to deliver significantly more tightening than Read more…
Japan’s core consumer inflation remained unchanged at 1.4% yoy in May, matching expectations and staying below the Bank of Japan’s 2% target for a fourth consecutive month. Headline CPI edged up from 1.4% yoy to Read more…