Gold continues to trend higher and hit the highest in six weeks on Monday, supported by growing expectations for Fed rate cut in December. Weak US economic data and recent dovish comments from Fed policymakers Read more…
The dollar index came under increased pressure on Monday and fell to two-week low, following renewed rise in bets for Fed rate cut in the last policy meeting this year, as markets await releases of Read more…
ECB rates are in the right place while German inflation is accelerating. The Bank of Japan may raise rates in December & capital flight will pressure the pound. Attempts by the US dollar to counterattack 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 The only thing we love more 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 Cyber Monday is here, and with Read more…
Holiday shopping is underway, and shoppers are facing a new threat: a wave of highly convincing scams that imitate top brands. New data from McAfee shows that this year’s season has already seen a sharp Read more…
The ISM Manufacturing Index ticked down slightly to 48.2 in November, only slightly lower than October’s reading of 48.7. Four industries reported growth last month, down from six in October. The share of manufacturing GDP Read more…
Markets Bank of Japan governor Ueda finally embraced a next rate hike by the Bank of Japan, very likely when the central bank meets next on December 19. A 25 bps increase lifts the policy Read more…
This is all Mr. Potato Head’s fault. Okay, maybe it’s not fair to point the finger of blame at the classic toy that gives human features to the starchy, edible tuber. There had been other Read more…
US ISM Manufacturing PMI fell to 48.2 in November from 48.7, missing expectations for 49.0 and marking the ninth straight month of contraction. New orders dropped sharply to 47.4 from 49.4. Employment deteriorated further from Read more…