USDJPY tested the 160 mark for the first time in a month. Kevin Warsh’s ‘hawkish’ rhetoric provided support for the US dollar. The US dollar reacted enthusiastically to Kevin Warsh’s ‘hawkish’ rhetoric, strengthening against the Read more…
One of the best parts of my job here at TheStreet is our 24/7 global newsroom staffed with incredibly talented and brilliant colleagues — and this guy is my absolute favorite. Stephen “Sarge” Guilfoyle, TheStreet Read more…
The RBNZ’s Wednesday 25bp hike to 2.75% is already priced in, so NZD/USD’s real reaction will hinge on the accompanying rate forecast — ASB expects the OCR to keep climbing to 3.25%, while Westpac sees Read more…
On 28 August, Fed Chair Kevin Warsh delivered a more hawkish assessment of inflation at the Jackson Hole symposium than he had following the July meeting. He reaffirmed the Federal Reserve’s 2% target for core Read more…
Markets In his speech at the Jackson Hole Fed symposium Friday, Fed Chair Warsh after a month of doubts since the July FOMC press conference again firmly put the focus on the Fed’s inflation mandate. Read more…
In focus today Focus turns to the German flash inflation figures for August, ahead of the euro area release tomorrow. Headline HICP inflation is expected to increase to 3.1% y/y (prior: 2.8%), driven by energy 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 A daily-wear watch should look and 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 Laptops, tablets, and phones have a Read more…
Gold’s fall from 4,697.07 to around 4,423 looks more like a correction than a reversal — Warsh repriced rate timing and trimmed some fiscal-credibility premium, but the longer-run Fed path and US fiscal arithmetic are Read more…
China’s August PMIs delivered a clear split between recovering factories and still-soft domestic activity. PMI Manufacturing rose from 49.2 to 49.8, beating 49.6 expected and moving close to stabilization. More encouragingly, production climbed from 49.9 Read more…