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 Having enough storage in your home Read more…
The US dollar strengthened against commodity currencies following the release of July US inflation data. The annual Consumer Price Index (CPI) came in at 3.4%, exactly in line with forecasts and down from the previous Read more…
The RBNZ’s latest Survey of Expectations pointed to a September hike and firmer growth, yet NZD fell across the board — because markets had already priced the hawkish rate path and instead traded an 81-basis-point 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 Hoop earrings aren’t everyone’s cup of Read more…
Inflation expectations remained contained in the RBNZ’s latest survey. High oil prices and elevated near-term inflation don’t appear to have boosted medium-term inflation expectations. RBNZ inflation expectations survey 1 year ahead: 2.60% (Prev, 3.41%, down Read more…
USD/JPY rose to 159.53 on Thursday, returning towards the 160.00 area as the Japanese yen weakened. The move has kept markets on alert for possible further intervention by the authorities amid persistent currency weakness. Fundamental Read more…
On 11 August, the US Energy Information Administration (EIA) lowered its forecast for the average natural gas price in the third quarter to $2.87 per million BTU — 50 cents below its previous estimate. The Read more…
UK growth slowed in Q2, but economy finished quarter considerably better than June forecasts had suggested. GDP expanded 0.4% q/q after 0.6% growth in Q1, matching expectations, while annual growth accelerated from 0.9% to 1.2%, Read more…
In focus today In Norway, we expect Norges Bank to stay on hold at 4.25% at today’s policy rate meeting, after the low inflation figures for June and July. However, we expect the Monetary Policy Read more…
EUR/USD has nearly everything bulls could ask for — a weaker Dollar, fading Fed hike bets, and rising ECB hike odds — yet the pair hasn’t broken out, because Euro itself isn’t confirming the move Read more…