ECB Chief Economist Philip Lane said in a speech, “in thinking about the normalization process, gradualism is an important consideration.” There are two basic reasons that make the timeline of completing normalization “intrinsically uncertain”. Firstly, Read more…
Last night the US Fed raised its rate by 50 bp and announced the looming start of asset sales from its balance sheet. The market expected these things, but the details and forecasts were a Read more…
Elon Musk looks to have won over Saudi Prince Alwaleed Bin Talal, while bringing on board a series of new equity investors, in his $44 billion pursuit of Twitter. Updated at 6:48 am EST Twitter Read more…
Oil prices leap on EU oil ban Oil prices leapt higher overnight as markets digested the impact of the proposed EU ban on Russian oil imports. Additionally, the OPEC+ JTC is indicating that there will Read more…
Cable edges lower on Thursday, reversing a good part of post-Fed rally, after the US central bank disappointed many who expected more aggressive action and remaining within a consolidation range, which extends into sixth consecutive Read more…
Stock futures retreat as post-Fed rate rally fizzles; Fed Chair Powell concedes inflation ‘hardship’ as rate hikes expected to slow growth; republican lawmaker wants FTC to preserve records linked to Musk and Twitter; eBay shares Read more…
Are you trying to find your saved drafts in WordPress? Most of the time it’s easy to find your drafted posts and pages, but sometimes they can go missing. In this article, we will share Read more…
The dollar regained traction in early Thursday’s trading after post-Fed’s 0.9% drop was contained by rising 10DMA, signaling that weakness is likely to be short-lived and dips to offer better buying opportunities for robust dollar. Read more…
The extent of the impact of China’s Covid-zero policies on the domestic economy was highlighted this morning as the Caixin Services PMI for April recorded its second-largest fall on record. Caixin Services PMI fell from Read more…
The feature offers to automatically change a compromised password. | Image: Max Weinbach A Google Assistant feature designed to automate the time-consuming process of changing your passwords after a breach appears to be getting a Read more…