Next week, ECB is widely set to be on hold in terms of policy rate changes for the first time since June last year. Since the September meeting, inflation and growth data have been broadly Read more…
It was an idea that resonated with many but turned out to be unprofitable to operate. When a new airline called BermudAir launched two routes from New York’s Westchester County and Boston to L.F. Wade International Read more…
GBP/USD down over half a percent US retail sales higher than expected UK inflation projected to decline on Wednesday The British pound has declined 0.56% against the US dollar on Wednesday, wiping out yesterday’s gains. Read more…
In an Oct. 4 filing with the Federal Communications Commission (FCC), SpaceX requested a “special temporary authority” to launch and test its second-generation Starlink internet satellites. This latest generation of Starlink’s satellites comes equipped with direct-to-cellular technology, Read more…
The Arena Media Brands, LLC and respective content providers to this website may receive compensation for some links to products and services on this website. Well, surprise, Apple just unveiled a version of the quintessential Read more…
When many pick a hotel, budget inevitably takes precedence over things like design and even comfort. While inflation is slowly starting to cool after peaking in 2022, the average rate at a city in the U.S. Read more…
Markets UK Gilts outperform German Bunds and US Treasuries today in the wake of an incomplete labour market update. Today’s willingness to react says more about UK/BoE sentiment rather than about the actual data. Wages Read more…
EURGBP jumped almost 0.4% in European session on Tuesday, as pound came under increased pressure on below forecast UK pay growth data, which further decreased bets for BoE rate hike in Nov 2 policy meeting. Read more…
Market picture The crypto market cap rose 1.5% over the last 24 hours to $1.091 trillion. Yesterday, the market surged briefly on the false news of Bitcoin spot ETF approval. But interestingly, the ensuing market Read more…
Retail sales rose by 0.7% month-on-month (m/m) in September, down slightly from the upwardly revised 0.8% (previously 0.6%) reading in August. This was notably above the median consensus forecast calling for a more muted gain Read more…