TL;DR: A hawkish BoE tailwind has lifted Sterling this week, but Thursday’s June monthly GDP — not the flattering Q2 headline — will determine whether that hawkish drift can survive into September, with EUR/GBP downside Read more…
Mark Cuban has spent years warning that the distance between a polished pitch and genuine safety is wider than most investors assume. The billionaire entrepreneur and Dallas Mavericks minority owner has outlined five types of Read more…
Market Overview Over the past 24 hours, the crypto market has fallen by 2% to $2.18T, once again failing to establish a firm upward trend. Fundamental and psychological pressure on the market is being exerted Read more…
Gold rose to 4,400 USD per ounce on Tuesday, reaching a two-month high. Demand for the precious metal is growing rapidly, even amid heightened inflation risks and expectations of higher interest rates driven by elevated Read more…
Duolingo’s latest quartergave investors fresh evidence that user growth is accelerating, but one Wall Street firm still sees a problem with what the market is paying for the language-learning company. Duolingo (DUOL) reported second-quarter revenueof Read more…
RBA on hold as expected, recognising the data has broken against its hawkish narrative. Base case clearly an extended period on hold, but RBA will hike if upside risks to inflation materialise. As widely expected, 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 Fall may be around the corner, Read more…
Easing concerns over the situation in the Strait of Hormuz provided support for risk-sensitive assets. On 8 August, the Iranian side reported progress in talks with Oman over a possible new route through the strait, Read more…
Markets Core bonds sold off yesterday with the belly of the curve slightly underperforming in the US while European curves showed more of a bear flattening. Daily changes on the US curve varied between +4.7 Read more…
In focus today Today is very quiet in terms of data releases, with focus on the US NFIB Small Business Optimism Index for July. The index rose to a four-month high of 97.4 in June, Read more…