Cryptocurrencies
The Dollar: Has It Peaked?
The USD index is retreating as the likelihood of a Fed rate hike diminishes. Gold has lost the ‘debasement trade’ as a key driver and is facing capital outflows from ETFs. The US dollar took Read more…
Cryptocurrencies
Apple can’t shield buyers from Al’s memory crunch anymore
For most of the last decade, one promise held across the technology aisle. You paid a premium for the best-built hardware, and in exchange the number on the price tag held still. That stability was Read more…
Cryptocurrencies
Amazon is selling an 8-gallon beverage cooler table for $68 that shoppers can’t stop buying
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 Outdoor gatherings usually revolve around food, Read more…
Cryptocurrencies
The Crypto Market Has Tested the $2T Mark
Market Overview The crypto market capitalisation fell from $2.12T to $2.02T before rebounding to $2.06T, where it had stabilised at the time of writing as active trading began in Europe. Selling pressure intensified after a Read more…
Cryptocurrencies
EUR/CHF Bounces as Lower Eurozone Inflation Expectations Fail to Derail ECB’s September Hike
EUR/CHF recovered after briefly dipping to 0.9196 as the latest ECB Consumer Expectations Survey offered modest encouragement on inflation but ultimately reinforced expectations that the central bank’s tightening cycle is not over. While households became Read more…
Cryptocurrencies
ECB Survey: Eurozone Consumers Cut Inflation Expectations, Growth Outlook Improves
Eurozone consumers turned more optimistic about inflation and the economy in May, according to the ECB’s latest Consumer Expectations Survey. One-year inflation expectations fell sharply to 3.5% from 4.0%, while expectations for inflation three and Read more…
Cryptocurrencies
Goldman Sachs sees an oil glut coming, but don’t expect much relief at the pump
There is a rule every first-year economics student learns, and every oil trader eventually distrusts. When supply outruns demand, prices fall. The textbook is clean. The barrel is not. Oil spent the first half of Read more…
Cryptocurrencies
Amazon has ChatGPT AI smart glasses that can translate in real time for $20 in last-minute Prime Day deal
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 The influence of Artificial Intelligence on Read more…
Cryptocurrencies
GBP/USD Ends the Month with Its Worst Performance in a Year
The GBP/USD pair continued to decline against the US dollar on Friday and is set to close June with its worst monthly performance since July last year, trading near 1.3182. Since the start of the Read more…
Cryptocurrencies
Sunrise Market Commentary
Markets May US PCE deflators, the Fed preferred inflation gauge, provided a reality check yesterday as the Warsh Fed last week explicitly committed to deliver on its price stability mandate given ongoing resilience in US Read more…