It’s been well over six months since the onset of the Bud Light outrage, but the anti-woke culture wars rage on. Some folks might not even know that Kid Rock was the first one to Read more…
Weaker dollar helps the wounded yen recover some ground Focus turns to CPI numbers as traders speculate BoJ policy shift Accelerating inflation could bring the shift timing forward The data comes out on Thursday, at Read more…
The news backdrop for the cryptocurrency market continues to focus on the approval of a Bitcoin ETF, which already seems inevitable. At the same time, some of the funds that filed applications with the SEC Read more…
The Bank of England used its monetary policy report hearing to once more push back against market expectations on rate cuts next year. A lot of the comments echoed similar sentiments expressed recently by the Read more…
Markets Core bonds had an uninspiring day today. US Treasuries whipsawed and currently shed about 1-3 bps across the curve with most of the losses taking place as US investors started joining. Economic data included Read more…
In the wake of the chaos that erupted around former CEO Sam Altman’s sudden ouster from OpenAI Friday afternoon, investors seemed to come away with the general impression that Microsoft (MSFT) – Get Free Report Read more…
Consumer price inflation cooled to 3.1% in October on a year-on-year (y/y) basis, down from 3.8% in September. That is progress, but inflation is still above the 2.8% low reached last spring, prior to the Read more…
Daily Pivots: (S1) 1.0908; (P) 1.0930; (R1) 1.0962; More… EUR/USD is losing some upside momentum as seen in 4H MACD, but there is no clear sign of topping yet. Sustained break of 61.8% retracement of Read more…
Daily Pivots: (S1) 1.2461; (P) 1.2490; (R1) 1.2533; More… GBP/USD’s rise form 1.2036 is extending and intraday bias stays on the upside. Current rally should target 61.8% retracement of 1.3141 to 1.2036 at 1.2716 next. Read more…
TheStreet’s J.D. Durkin brings the latest business headlines from the floor of the New York Stock Exchange as markets open for trading Tuesday, November 21st. Full Video Transcript Below: J.D. DURKIN: I’m J.D. Durkin, reporting from Read more…