German investor sentiment improved sharply in June, with the ZEW Economic Sentiment Index surging from -10.2 to 10.5, far exceeding expectations of -6.0 and returning to positive territory. The Eurozone-wide measure showed a similar improvement, Read more…
SpaceX closed its first session on the Nasdaq at $160.95, a 19% gain that pushed the company’s market capitalization past $2 trillion, according to Reuters. The June 12 listing raised $75 billion in the largest 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 Getting outside for some fresh air Read more…
The USDJPY pair declined to 160.13 on Tuesday after two highly volatile trading sessions. Investors remain focused on the Bank of Japan’s latest policy meeting. The regulator raised its key interest rate by 25 basis Read more…
Memory and storage chip companies surged on Monday, June 15, after the United States and Iran announced a peace agreement that will reopen the Strait of Hormuz. The rally didn’t come about because the AI Read more…
RBA holds cash rate steady at June meeting as expected, strikes a hawkish tone with rate hikes still on the table. As was all but universally expected, the RBA Monetary Policy Board (MPB) held the Read more…
Markets The Bank of Japan lifted its policy rate as widely expected from 0.75% to 1.0%, the highest level since 1995. The board voted 7-1 in favor, with board member Asada, appointed by Prime Minister Read more…
The Bank of England is due to hold its next policy meeting on 18 June. According to a Reuters poll conducted between 5 and 12 June, all 65 economists surveyed expect the Bank Rate to Read more…
European currencies are staging a solid recovery after a period of heightened demand for the US dollar, which had previously been supported by geopolitical tensions in the Middle East. Reports that the United States and Read more…
Key takeaways Markets embraced a strong risk-on rally after the US and Iran agreed on a framework to extend the ceasefire for 60 days and fully reopen the Strait of Hormuz, sharply reducing geopolitical and Read more…