MGM, Caesars, and the other Strip casinos are listening to a very big idea. The south and central sections of the Las Vegas Strip have become a mix of vehicular gridlock and pedestrian confusion. It’s Read more…
USDJPY has barely been moving so far this week ahead of the FOMC policy announcement, facing strong rejection around the 130.20 barrier. Although the pair remains close to its recent 20-year top of 131.24, the Read more…
The New Zealand dollar is in positive territory on Wednesday, as the currency looks for its first winning session since April 20th. Strong jobs report boosts New Zealand dollar The New Zealand labour market remains Read more…
The Bank of England will review its policy and update its economic projections on Thursday, a day after the Fed, with the announcement scheduled for release at 12:00 GMT. A rate hike is already baked Read more…
The billionaire is one of meme coin Dogecoin’s biggest influencers and also a bitcoin evangelist. Dogecoin may be sad today. The most famous meme coin must be feeling very lonely after Elon Musk, its biggest Read more…
The central bank is expected to raise interest rates on Wednesday and then a number of times through year-end. As the Federal Reserve on Wednesday prepares to raise interest rates, it faces the key issue Read more…
US ISM Services PMI dropped from 58.3 to 57.1 in April, below expectation of 59.0. Looking at some details, business activity/production rose from 55.5 to 59.1. New orders dropped from 60.1 to 54.6. Employment dropped Read more…
Markets Yesterday’s market moves may have been atypically erratic ahead of key events (see second bullet), but today’s for sure weren’t. US stocks open mixed while European equity markets fluctuated around opening levels and currently Read more…
GBPUSD is hovering around 1.2500 for the sixth consecutive trading session. But this stabilisation is more like the calm before the storm than a new balance point. The Pound enjoys a fragile equilibrium as investors Read more…
US stocks edge cautiously higher ahead of the Fed’s rate announcement. Aa 50 basis point hike is priced in, but what comes next? US futures Dow futures +0.2 % at 33211 S&P futures +0.2% at Read more…