San Francisco Fed President Mary Daly said, “about 50% of the elevated inflation we’re seeing is from demand factors, 50% from supply factors.” “50 bps hike would be a reasonable thing to do in September but if Read more…
Richmond Fed President Thomas Barkin said in a speech, “we are committed to returning inflation to our 2 percent target and have made clear we will do what it takes.” He expected Fed’s tools to Read more…
In contrast to many other countries and regions, the Eurozone recorded a slowdown in output inflation. The year-over-year PPI growth rate declined for the second month, showing a fall in June to 35.8% from 36.2% Read more…
The new Wemo Smart Dimmer Switch is exclusively for Apple’s HomeKit platform. Wemo, the smart home arm of Belkin, announced an updated version of its in-wall dimmer switch this week. The new Wemo Smart Dimmer Read more…
EURJPY reversed from support level 133.30 Likely to rise to resistance level 136.75 EURJPY currency pair recently reversed up from the key support level 133.30 (which stopped wave 2 in May) – standing far outside Read more…
CADJPY reversed from support level 102.00 Likely to rise to resistance level 105.00 CADJPY currency pair recently reversed up from the key support level 102.00 (former resistance from April, which stopped the earlier minor correction Read more…
The correlation between USD/JPY and 10-year yields has come back in line and is almost in “strong” territory on the daily timeframe. Yesterday, US Federal Reserve board members were out in force discussing how the Read more…
The ISM Services Index accelerated in July, adding 1.4 percentage points (ppts) with a reading of 56.7 – higher than the 53.5 expected by the consensus. Demand factors added 2 ppts to the overall index. Read more…
The OnePlus 10T in green and black. | Image: OnePlus After not releasing a OnePlus 9T last year, OnePlus’ T-series is making a return in 2022 with the OnePlus 10T, which sees its official launch Read more…