We expect the Bank of England (BoE) to keep the Bank Rate unchanged at 5.25% on 2 November, which is in line with current market pricing. Overall, we expect the MPC to stick to its Read more…
High yields for longer remains the key narrative driving financial markets. 10-year US treasury yields traded close to 5% weighing on equity markets and JPY, as the contrast to the low yield regime in Japan Read more…
Markets The first governors already hit the wires today after yesterday’s ECB meeting. Muller (Estonia), Vasle (Slovenia) and Nagel (Germany) all carry a hawkish label but seem to be at peace with the ECB holding Read more…
Personal income grew 0.3% month-on-month (m/m) in September, a deceleration from August’s 0.4% and just below market expectations for 0.4% growth. Accounting for inflation and taxes, real personal disposable income fell -0.1% m/m, following a 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 Friday, October 27. Full Video Transcript Below: J.D. DURKIN: I’m J.D. Durkin – Read more…
Full Transcript Below: J.D. Durkin: At this point of your life and career, Michael, how do you go about deciding what business opportunities you want to take advantage of? Michael Irvin: You know with a Read more…
Las Vegas Culinary Union Local 226 took to the city’s most famous street, the Las Vegas Strip, on Oct. 25 to make a statement in their fight for a new contract. The union, which has Read more…
Both travelers and airlines often come up with all kinds of ways to make a long flight in economy more bearable. A plane full of people once saw a fellow traveler use the blanket one Read more…
Daily Pivots: (S1) 1.0534; (P) 1.0554; (R1) 1.0584; More… EUR/USD is recovering after hitting 1.0522 support, but stays well below 1.0693 resistance. Intraday bias stays neutral first. On the downside, break of 1.0522 support will Read more…
Daily Pivots: (S1) 1.2085; (P) 1.2112; (R1) 1.2155; More No change in GBP/USD’s outlook as consolidation from 1.2036 is still extending. Intraday bias remains neutral and further decline is in favor. On the downside, decisive Read more…