In focus today In China, the monthly data batch will be released overnight containing retail sales, housing, industrial production and investments. We look for more of the same with still weak retail sales growth, but 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 Everyone feels more confident when wearing 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 Summer is coming to an end, Read more…
The US two-year yield has already broken out toward a broader Fed tightening path, but the Dollar hasn’t followed — this week’s FOMC decision and Summary of Economic Projections will determine whether the Fed validates Read more…
Key Highlights EUR/USD started a correction move from the 1.1650 resistance. It faces key hurdles near 1.1635 and 1.1650 on the 4-hour chart. WTI Crude Oil prices rallied and tested $105. Gold bulls are still Read more…
New Zealand’s services sector expanded for a third consecutive month in August, with the BNZ–BusinessNZ Performance of Services Index rising from 50.6 to 51.2. The reading was also above June’s 50.9, matched the level recorded Read more…
Market participants remain acutely aware of the risks facing the world, particularly due to energy costs, with the price of Brent oil having risen from around USD88 to USD108 over the past month. At the Read more…
Tensions between the U.S. and Iran increased last week, raising concerns about energy supplies from the Middle East. Projectiles reportedly hit Saudi Arabia’s East-West oil pipeline system, helping push WTI crude oil above $100. Higher Read more…
Michael Burry built his reputation on bets nobody else wanted to make. In August, he disclosed a short position in Oracle Corporation (ORCL) at $144.63, calling the trade “a bit like shooting fish in a Read more…