We expect the Federal Reserve to remain on hold in the July meeting, in line with consensus. Markets price in 20-25% probability for a hike. Without new projections or forward guidance from Warsh, the focus Read more…
The Japanese Yen tumbled to another four-decade low today, with USD/JPY breaking above the 163 mark as investors continued to unwind Yen positions against the backdrop of widening global yield differentials and surging energy prices. 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 These days, smartphones are as ubiquitous Read more…
The kiwi has strengthened meaningfully against most peers this month. However, against the US dollar specifically, NZD/USD remains well below its 2026 highs, trading in the mid-0.58 area versus January’s peak near 0.6075. New Zealand’s Read more…
Gold traded around 4,080 USD per ounce on Wednesday, having risen nearly 2% the previous day. Investors continue to assess developments in the Middle East and the impact of elevated oil prices on inflation and Read more…
Commodity-linked currencies remain under pressure as geopolitical tensions in the Middle East continue to escalate. The United States has maintained strikes on targets in Iran, while the Tehran-backed Houthis have intensified threats to shipping in Read more…
Market Overview The crypto market capitalisation has risen by a further 0.8% over the past 24 hours to $2.25T. Once again, cryptocurrencies are taking a breather after a slight upward surge, but this time they Read more…
BlackRock (BLK) just stepped into the middle of the AI buildout, and it did so as a lender rather than a builder. The world’s largest money manager is looking to raise more than $12 billion Read more…
Markets Energy prices continue to push higher in response to the ongoing military escalation in Iran. The US completed its 11th consecutive night of airstrikes as of this morning, smothering any hopes for a near-term Read more…
UK inflation eased further in June, with headline CPI slowing from 2.8% yoy to 2.6% yoy, below expectations of 2.7%. Monthly CPI rose 0.1% mom, matching forecasts but slowing from May’s 0.2% increase. The data Read more…