GBP/USD stays cautious below SMAs at 1.3420 as UK unemployment rate rises. Short-term bias is bearish; fresh sellers await below 1.3200. GBP/USD remains capped below its 50- and 200-day simple moving averages (SMAs) near 1.3420 Read more…
Sterling softened after the latest UK labor market data reinforced expectations that the Bank of England is likely to adopt a more patient near-term stance on interest rates. The sharp decline in payroll employment, rising Read more…
Walmart has spent years trying to turn its massive store footprint into a delivery advantage. Now that Amazon is pushing shoppers to expect groceries and household essentials in as little as 30 minutes, Walmart is Read more…
Fundamental Background As a result of the military conflict between the United States and Iran, the combined volume of halted oil production in Iraq, Saudi Arabia, Kuwait, the UAE, Qatar and Bahrain reached 10.5 million Read more…
Markets Selling pressure on global bond markets eased a bit yesterday. Even so, the relieve, if any, was small compared to the sharp rise especially of long-term yields at the end of last week. Headlines Read more…
UK labor market data showed further signs of softening, with payroll employment falling again in April while the unemployment rate edged higher in the three months to March. Payrolled employment declined by -10k or -0.3% Read more…
When an autonomous vehicle company like Waymo announces it is expanding to a new city, locals are definitely excited about the future of transportation in that city. Waymo officially launched in Atlanta in June 2025, Read more…
In focus today Focus will continue to be on developments in the Middle East and the bond market rout that has caused a sell-off in risk assets. In the UK a fresh labour market report Read more…
The week started on a mixed note. In Europe, the retreat in European bond yields gave a certain relief to equity indices, allowing the Stoxx 600 to keep floor above the 50-DMA, while major US 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 If you are lacking proper storage Read more…