Yen stays generally soft in relatively quiet markets in Asia. But Dollar also softens slightly. On the other hand, Australian Dollar is firmer up on steady market sentiment, as followed by Swiss Franc and Euro. Read more…
According to the latest RBNZ Survey of Expectations, the one-year-out inflation was relatively unchanged at 4.86% in Q3, down from Q2’s 4.88%. Expectations were still much higher than Q1’s 4.4% and Q4’s 3.7%. However, two-year-out Read more…
San Francisco Fed President Mary Daly said in a CBS New interview, “if you’re out in the economy, you don’t feel like you’re in a recession. That’s the bottom line. The most important risk out Read more…
Fed Governor Michelle Bowman sad in a speech over the weekend, she supported Fed’s 75bps rate hike in July, as well as the view that “ongoing increases” would be appropriate at “coming meetings”. “My view Read more…
Key Highlights EUR/USD is facing resistance near the 1.0290 zone. A key bullish trend line is forming with support near 1.0145 on the 4-hours chart. GBP/USD is struggling to stay above the 1.2000 support zone. Read more…
The RBNZ’s latest Survey of Expectations showed that expectations for inflation over the coming years remain elevated. However, the trend higher seen in recent months looks to have been arrested, with expectations easing at some Read more…
Popular Randy’s Donuts is hoping for a lucky streak as it expands into Sin City. In true Vegas style, famous donut chain Randy’s Donuts is opening (lucky No.) 7 locations in Las Vegas. If you’re Read more…
The fast-food giant has made a big change and customers should be delighted. Fast food has always been a reactionary business. McDonald’s (MCD) – Get McDonald’s Corporation Report created the Big Mac in response to Read more…
The fast-food giant has big plans to add not just one sandwich, but a whole new lineup designed to cash in on a craze. Chicken has become a fast-food battleground. Since Popeyes kicked off the Read more…