Thursday’s UK elections expected to bring political change Similar developments in both 1997 and 2010 weighed on the pound History points to a significant easing in pound volatility across the board Recent FTSE 100 performance Read more…
Investors expect two rate cuts, even though Fed signals one Recent data corroborates investors’ take Nonfarm payrolls waited for more confirmation The report comes out on Friday, at 12:30 GMT Fed appears hawkish, but data Read more…
The ISM Services index tumbled to 48.8 in June from 53.8 in May, well short of the 52.7 consensus expectation. Only eight of 18 industries reported growth for the month – down from 13 in Read more…
If any one airline has had a rough go-around over the last few months, it would be the Miramar, Florida-based Spirit Airlines (SAVE) . After a federal judge blocked JetBlue (JBLU) ‘s plans to acquire it for $3.6 Read more…
While inflation may be moderating and food prices have come down a bit, your July 4th barbecue is still going to be more expensive than ever. TheStreet’s Conway Gittens breaks down just how much your Read more…
You have the resume and the experience, but how can you separate yourself from the rest of candidates vying for the jobs you’re applying for? LinkedIn Career Expert Andrew McCaskill joined TheStreet to explain how Read more…
Markets European markets today enjoyed some kind of a risk-on catch up move. A record close of the US S&P 500 above the 5500 mark yesterday apparently also inspired European investors (Eurostoxx 50 +1.3%). On Read more…
The dollar index fell to one week low on Thursday, extending weakness into second consecutive day, after being pressured by dovish comments from Fed Chair Powell, while weaker than expected ADP private sector payrolls report Read more…
Daily Pivots: (S1) 0.6644; (P) 0.6657; (R1) 0.6681; More… AUD/USD’s rally from 0.6361 finally resumed by breaking through 0.6713 resistance and intraday bias is back on the upside. Further rise should be seen to 61.8% Read more…
US ISM Services PMI fell sharply from 53.8 to 48.8 in June, well below expectation of 52.5. That’s also the worst reading in four years. Looking at some details, business activity/production fell sharply from 61.2 Read more…