Michael Burry built his reputation calling the 2008 housing crash, a trade immortalized in “The Big Short.” Since then, Wall Street has watched every new position he takes, even when his timing has occasionally run Read more…
The ceasefire in the Middle East has disrupted the greenback’s plans. Strong PMI data and falling oil prices are helping the euro. The US dollar faced a downward gap at the start of the week Read more…
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Gold was among the gainers at the start of the week, as the metal started trading on Monday with gap higher and advanced around 1.5% in Asian trading. Softer rhetoric in geopolitical front, after US Read more…
Market Overview The crypto market capitalisation has been gradually rising, reaching the $2.24T mark and recouping a significant portion of the losses incurred last Thursday and Friday. The recovery is being driven by a slight 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 Patio sets literally come in all Read more…
The dollar heads into a pivotal week trading near 101.80, just off a 15-month high, with the Fed’s July 29 meeting standing as the clear focal point. Markets currently price roughly a 65% chance of Read more…
EUR/USD enters the final week of July at 1.1369. Friday’s modest decline in energy prices reduced expectations that the Federal Reserve could raise rates as early as its upcoming meeting, scheduled for Tuesday and Wednesday. Read more…
Germany’s business sentiment improved further in July, with the Ifo Business Climate Index rising to 86.6 from 85.7 in June as companies grew more optimistic about the months ahead despite ongoing uncertainty surrounding the conflict Read more…
European Central Bank Governing Council member Peter Kazimir from Slovak reinforced the hawkish bias on Monday, arguing that policymakers will likely need to raise interest rates at least once more and warning that a worsening Read more…