Markets US stock markets rallied up 2.26% (Nasdaq) yesterday with AI/tech names leading the advance. The Nasdaq even tested the all-time high reached early June. The likes of the S&P 500 and EuroStoxx50 recovered up Read more…
In focus today In the euro area, the flash consumer confidence indicator for September is released. Confidence rebounded over the summer, but the recent rise in energy costs is likely to weigh on sentiment again. Read more…
RBA Governor Michele Bullock said the Bank can tolerate some of the direct inflation impact from supply shocks such as higher oil prices, but cannot ignore the risk that those pressures spread through the economy 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 Among the winter weather staples you Read more…
While it is common practice for a new carrier to start advertising and selling tickets months before it has officially commenced operations, doing this carries significant risks if things break down along one of the 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 We already know how useful a Read more…
Nasdaq hit a fresh record and Bitcoin broke above $84,000 just days after the Fed hiked and raised its projected rate path, as AI investment conviction and a separate regulatory catalyst overpowered the higher-rate headwind—though Read more…
Key Highlights Bitcoin cleared the $82,250 resistance and rallied to $87,350. BTC/USD shows bullish signs and possible support at $81,800 on the 4-hour chart. Ethereum also rallied after there was a clear close above $2,550. Read more…
Reserve Bank of Australia Assistant Governor (Economic) Sarah Hunter said higher interest rates are already slowing parts of the economy, particularly housing, but the Bank continues to see inflation risks skewed to the upside. Speaking Read more…
Boston Fed President Susan Collins said she supported last week’s 25bp rate hike and expects one additional increase later this year, citing disappointing inflation progress and renewed energy risks from the Middle East conflict. Collins Read more…