The Bank of Japan raised its policy rate by 25bp from 1.00% to 1.25%, its highest level since 1995, but the 7–2 vote exposed a widening political and policy divide over further normalization. The increase, Read more…
Japan’s headline CPI was unchanged at 1.9% y/y in August, while the seasonally adjusted index was flat on the month. CPI excluding fresh food slowed from 1.8% to 1.7% y/y, undershooting the 1.8% consensus and Read more…
Key insights from the week that was. As expected, after last week’s US CPI confirmed an unwelcome degree of persistence in consumer inflation, the FOMC voted to raise the fed funds rate by 25bps to Read more…
Key Highlights USD/JPY started a recovery wave from 152.90 and climbed above 154.50. A few key hurdles are forming near 156.65 and 157.50 on the 4-hour chart. WTI Crude Oil prices dipped after a strong Read more…
Nasdaq-100: ⬆️ Buy – Nasdaq-100 broke daily down channel – Likely to rise to resistance level 30240.00 Nasdaq-100 index today broke the resistance trendline of the daily down channel from August – which enclosed the Read more…
AUDJPY: ⬆️ Buy – AUDJPY reversed from support level 110.00 – Likely to rise to resistance level 112.00 AUDJPY currency pair recently reversed from the support zone between the key support level 110.00 (which has Read more…
SK Hynix (SKHY) is spending more than $4 billion to build its first U.S. high-bandwidth memory production hub, a major bet on the artificial intelligence boom. But a big chunk of those chips will still 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 I’ve tried all sorts of earbuds Read more…
For decades, a Costco run has meant driving to the warehouse yourself, waiting in a long line at the door, and loading a flatbed cart built for hauling more than most people could carry alone. Read more…
Oil prices have been on a wild ride this year, and most investors assume the story is simple: Less crude moving through the Strait of Hormuz means higher prices at the pump. Exxon Mobil’s leadership Read more…