Fed Governor Michelle Bowman said in a speech she expects to “support additional rate increases until we see significant progress toward bringing inflation down”. Based on current inflation readings, she expects that “an additional rate Read more…
Bundesbank President Joachim Nagel said: “The risk of inflation expectations becoming de-anchored has risen over the past months. Risks to price stability exist.” “Inflation expectations of households and firms in Germany are somewhat less anchored Read more…
Pools and phones don’t play well together. | Image: Australia Competition and Consumer Commission / Samsung Australia Samsung Australia has been ordered by the Federal Court to pay a $14 million (about $9.7 million USD) Read more…
Pools and phones don’t play well together. | Image: Australia Competition and Consumer Commission / Samsung Australia Samsung Australia has been ordered by the Federal Court to pay a $14 million (about $9.7 million USD) Read more…
Wood also dumped a familiar biotechnology name, and bought two other stocks for the second day in a row. Famed investor Cathie Wood sold shares of a spatial data company and a familiar biotechnology name Read more…
It’s been a rather choppy week in financial markets and we’re seeing that reflected again on Thursday, with European stocks back in negative territory after recovering losses earlier. Equity markets have fallen heavily over the Read more…
Markets brace for soft retail sales It continues to be a quiet week for the British pound. That could change on Friday, with the markets bracing for more bad news from retail sales data for Read more…
The Aussie dollar holds in red for the second consecutive day, following a double-rejection under psychological 0.70 barrier and came under increased pressure on downbeat economic data. Australia’s composite PMI which tracks the activity in Read more…
Daily Pivots: (S1) 1.0491; (P) 1.0548 (R1) 1.0627; More… Intraday bias in EUR/USD remains neutral as range trading continues. Further fall is in favor with 1.0786 resistance intact. On the downside, sustained break of 1.0339/48 Read more…
Daily Pivots: (S1) 1.2177; (P) 1.2246; (R1) 1.2331; More… Range trading continues in GBP/USD and intraday bias remains neutral. Outlook stays bearish as long as 1.2666 resistance holds. On the downside, break of 1.1932 will Read more…