Semiconductor makers seem to scare investors worried about the health of the economy. The months follow one another and look alike for the manufacturers of semiconductors. There is an ongoing cycle of bad news for Read more…
Back in July, Olympia Sports suddenly started closing all of its stores. Even though both the sportswear and athletic equipment markets are projected to grow at skyrocketing rates in the next five years, the landscape Read more…
The collapse of sister tokens Luna and UST in May caused a global rout in the cryptocurrency market. A reckoning in the crypto industry appears to be on the way. Nearly four months after the Read more…
Johnson & Johnson affirmed its full-year outlook and announced a new $5 billion buyback. Should you be a buyer right now? Johnson & Johnson (JNJ) – Get Johnson & Johnson Report stock has not been immune Read more…
New Zealand will report second-quarter GDP data on Wednesday at 22:45 GMT. After a negative start to the year, the commodity-dependent economy has likely enjoyed some post-Covid expansion, avoiding a technical recession despite the dim Read more…
Jobs figures are back in focus in Australia following some interesting comments from RBA Governor Lowe a few days back. Of course the RBA doesn’t care about the employment situation directly. But the theory is Read more…
The world’s richest man worries about the Federal Reserve’s aggressive rate hikes to fight inflation. The markets are slumping as investors worry about the consequences of the Federal Reserve’s aggressive interest-rate hikes, designed to fight Read more…
Yesterday we wondered whether the dollar retreat was a correction or a reversal. But the reaction of the financial markets to the US inflation report has put everything in its place by confirming that we Read more…
Markets Central bankers of late stressed that the pace of further tightening will be guided by incoming data. In this narrative, yesterday’s higher than expected US inflation challenged markets’ expectations (or was it simply hope?) Read more…
It has been a busy week for the British pound. GBP/USD has climbed 0.66% today and is trading at 1.1566. This follows the pound’s huge decline on Tuesday, as the US dollar pummelled the major Read more…