Minneapolis Federal Reserve President Neel Kashkari reiterated the central bank’s ‘higher-for-longer’ mantra during a speech in Pennsylvania late Monday, adding to market pressures heading into the autumn months. Speaking at an event at Penn’s Wharton Read more…
Tesla (TSLA) – Get Free Report shares moved lower Tuesday following a report that suggested the automaker could be part of a European Commission probe into unfair subsides in the clean energy car market. London’s Financial Read more…
President Joe Biden is set to join strike Auto Workers’ Union members on the picket lines outside of a Ford Motor (F) – Get Free Report assembly plant in Wayne, Michigan later Tuesday as the unprecedented Read more…
U.S. equity futures moved lower again Tuesday, while the dollar hit a fresh ten month peak and Treasury yields nudged higher, as investors continued to retreat from risk markets amid concerns over higher Federal Reserve Read more…
Inflation data in the spotlight as the market prices in rate cuts The ECB kept the door open to more rate hikes, but growth remains a big thorn German CPI due out on Thursday; the Read more…
After the recent strong turn down on gold we adjusted the wave count and think that the price action from the July low is wave B, but can still meet higher prices if we consider Read more…
BoJ Ueda says 2% inflation target not yet achieved USD/JPY pushes above 149 The Japanese yen is unchanged on Tuesday, trading at 148.85. BOJ’s Ueda says monetary policy to continue The Bank of Japan maintained Read more…
The yield on 10-year bonds exceeded 4.5% per annum – a 16-year high. The demand for them was promoted by: → tough statements from the Fed last week that the high base interest rate will 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. Although cleaning probably isn’t at the top of the list Read more…
Fed lifts dot plot, adds fuel to dollar’s engines Focus turns to core PCE index, the Fed’s preferred inflation gauge Slowdown could hurt the dollar, but broader outlook remains bright The data is released on Read more…