TL;DR: A weaker Dollar usually lifts Gold and Silver, but this week’s decline is being driven by fading Fed hike bets and a stock rally rather than falling real yields or safe-haven demand — leaving 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 With summer here, you might be Read more…
Bank of Japan left its policy rate unchanged at 1.00%, as widely expected, but delivered a policy package that reinforced its gradual normalization message. The decision was approved by an 8-1 vote, with Takata Hajime Read more…
China’s manufacturing activity slipped back into contraction in July, suggesting the recovery seen during the second quarter has lost momentum. The official NBS Manufacturing PMI fell from 50.3 to 49.2, below market expectations of 49.9 Read more…
Japan’s industrial sector delivered another encouraging performance in June, while household spending showed signs of losing momentum. Industrial production rose 1.3% m/m, accelerating from 0.1% in May and comfortably beating expectations of 0.7%. It marked Read more…
Tokyo inflation accelerated more than expected in July, offering fresh evidence that underlying price pressures remain resilient ahead of the Bank of Japan’s policy decision later today. Headline consumer inflation rose from 1.7% to 2.0% Read more…
Highlights Canada’s economy has contracted for two consecutive quarters, but the “technical recession” label is misleading. Economic weakness has met the minimal duration test, but not the depth or breadth of a conventional recession. Large Read more…
Key insights from the week that was. In Australia, the much-anticipated Q2 CPI report came in below our and the market’s expectation. Headline inflation rose 0.6% in Q2, less than half of Q1’s 1.4% gain. Read more…
Shocks make it hard to know where you are. It helps to know that some shocks are policy choices, people can respond to mitigate shocks, and net effects can vary and sometimes linger. Supply shocks Read more…
Key Highlights USD/JPY struggled near 164.00 and started a fresh slide. It traded below a major bullish trend line with support at 163.30 on the 4-hour chart. Bitcoin could gain strength if it settles above Read more…