US producer prices surged far more than expected in May, highlighting that inflation pressures continue to build beneath the surface of the economy despite Wednesday’s relatively reassuring consumer inflation report. PPI rose 1.1% mom, matching Read more…
US initial jobless claims rose by 4k to 229k in the week ending June 6, slightly above expectations of 225k. The underlying trend also moved higher. The four-week moving average of initial claims, which smooths Read more…
This is the second piece in a series examining “boring” large-cap stocks that have outperformed the Nasdaq-100 over the past five years. The first piece provided an overview of the five companies. This week we Read more…
While issued by different aviation regulatory agencies in a given country, the Air Operator’s Certificate (AOC) is the single most critical license that an airline needs to obtain before it can start running commercial flights. Read more…
The European Central Bank raised its key interest rates by 25bps as widely expected, and the accompanying statement delivered a clear message: the Middle East conflict is now a major inflation problem for the Eurozone. Read more…
The Governing Council is committed to setting monetary policy to ensure that inflation stabilises at its 2% target in the medium term. In line with this commitment, it today decided to raise the three key Read more…
Companies repurchase stock when they’re feeling optimistic about the future prospects of their company. Amazon is no exception, and the world’s biggest online retailer has bought back billions of dollars’ worth of shares in recent Read more…
The era of relying on a narrow group of market leaders may be coming under pressure. As earnings growth begins to spread across a wider range of companies, investors face a critical question: where will Read more…
As the chart shows, the Nasdaq 100 (US Tech 100 Mini on FXOpen) is down more than 6% from its recent highs, with Friday, 6 June, standing out as the defining session: a single-day loss Read more…
Outside of purchasing a home, buying a car is the most expensive purchase most people will make in their lifetimes. Now, companies like Tesla and General Motors are developing technologies that will add value to Read more…