The first estimate of U.S. Q1 gross domestic product next Thursday is expected to show another robust increase—extending a long stretch of outperformance in the U.S. economy versus advanced economy peers. We expect U.S. output Read more…
Eurozone appears to be on the mend but ECB still on track to cut in June For the euro, rate outlook beyond June increasingly more important Flash PMI readings for April are due on Tuesday, Read more…
Dollar goes on a rampage as traders unwind Fed rate cut bets Risk aversion in stock markets amid Iran tensions helps too Upcoming US releases will decide whether rally can go further Dollar shines bright Read more…
In 1894, Johnson & Johnson (JNJ) began selling talc as Johnson’s Baby Powder. “The original square container was designed with parents in mind,” the world’s largest maker of healthcare products said on its website. “Its Read more…
US GDP, core PCE and PMIs the next tests for the dollar Investors await BoJ for guidance about next rate hike EU and UK PMIs, as well as Australian CPIs also on tap Earnings season Read more…
Market sentiment has remained volatile throughout the week. Iran’s strikes to Israel last weekend sparked uncertainty, which eased gradually through the week, only to be re-ignited by Israel’s retaliation last night. The jury is still Read more…
Royal Caribbean and Carnival Cruise Line have bet big on bigger, better, and newer ships to drive their business. Both cruise lines have been pushing boundaries on their ships adding features like aerial ropes courses, Read more…
Markets The impact of this morning’s “limited” Israeli retaliatory attacks against Iran gradually waned throughout today’s trading session. Initial flows all changed course. Some examples: US yields are currently up to 3 bps lower compared Read more…
Euro recovers after dip The euro fell as much as 0.30% earlier but has recovered and edged higher. In the North American session, EUR/USD is trading at 1.0666, up 0.21%. The euro remains under pressure Read more…
Costco has always been an in-store shopping experience. The warehouse club built its business around the idea of its stores actually being no-frills warehouses. Merchandise sits on pallets or gets stacked on non-descript shelves. Costco Read more…