Account of the monetary policy meeting of the Governing Council of the European Central Bank held in Frankfurt am Main on Wednesday and Thursday, 7-8 September 2022 1. Review of financial, economic and monetary developments Read more…
Last week, Facebook’s parent company Meta shared a new AI model that turns text prompts into short, soundless videos. But it turns out Google has been working on the same problem, and recently released two Read more…
You may like where you live, and you may be able to afford it in retirement, so stay put. But if you’re looking for a cheaper place to go, this list can get you started. Read more…
AUD/USD started the week with huge gains, but has been in calm waters since then. In the European session, the Australian dollar is trading at 0.6478, up 0.17%. Retail sales points to slowing economy The Read more…
The Euro eased below 0.90 handle in early European trading on Thursday, weighed by Wednesday’s 1% drop, as dollar bulls regained traction on comments from Fed policymakers that the central bank is going to continue Read more…
Stock futures are gently lower, OPEC+ will slash oil output, the latest on the Elon-Musk-Twitter talks and trial, Ford raises the price of a key EV, and PE firm Brookfield enters music publishing. 1. Stock Read more…
Those waiting to get their hands on Ford’s all-electric F-150 Lightning aren’t just going to have to wait longer. They’re going to have to pay more. Those waiting to get their hands on Ford’s (F) Read more…
Eurozone retail sales volume dropped -0.3% mom in August, matched expectations. Retail trade volume decreased by -0.8% for food, drinks and tobacco, while it increased by 0.2% for non-food products and by 3.2% for automotive Read more…
UK PMI construction rose from 49.2 to 52.3 in September, above expectation of 48.1. S&P Global said total industry activity rose for the first time three months. Output growth was linked to work on delayed Read more…
WTI oil futures (November delivery) are heading for their largest weekly gain since May, with the price stretching its bounce off the nine-month low of 76.25 up to 88.42 on Wednesday. The market managed to Read more…