The results are in from a new mortgage pilot, and hopeful homebuyers — especially those with not-so-great credit scores or little in savings, have something to celebrate. It seems a loan with no down payment, Read more…
Eurozone inflation has given EUR/CAD a reason to stay bid, but perhaps not yet a reason to break much higher. The stronger-than-expected rise in core CPI to 2.5% yoy and the acceleration in services inflation Read more…
Eurozone inflation accelerated in May, reinforcing expectations that the ECB will raise interest rates at next week’s meeting. Headline CPI rose from 3.0% yoy to 3.2% yoy, matching market expectations, while core CPI, which excludes Read more…
GBP/USD showed little movement on Tuesday, holding steady at 1.3453. The pound remains within its established trading range as investors continue to assess the progress of negotiations between the US and Iran and their potential Read more…
Fundamental backdrop The divergence in the monetary policy paths of the ECB and the Bank of England is creating a mixed outlook for the pair. Having completed a cycle of eight consecutive rate cuts in Read more…
Markets Iran yesterday suspended talks with the US over the ongoing war between Israel and the Lebanon-based Hezbollah. It threatened to attack Israel in response and warned for the “axis of resistance” to become active Read more…
In focus today In the US, the April JOLTS report is due for release in the afternoon. The Fed follows the number of job openings as a key measure of labour demand. Back in March, Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal Homes never seem to have enough Read more…
Jensen Huang walked onto the GTC Taipei stage on June 1 and described a humanoid robot by its weight and height before anything else. Six feet. 150 pounds. “Just like me,” he said. The robot Read more…
RBA board member Ian Harper struck a hawkish tone in his speech today, warning that rising long-term inflation expectations could become a significant concern for policymakers. Harper emphasized that “inflation expectations are important” and noted Read more…