Nike’s turnaround is showing signs of progress, but not enough for Wall Street to call it a clean comeback. And this is a problem for investors. The athletic giant is still one of the strongest Read more…
Market Overview The crypto market capitalisation rose to $2.21T at the start of trading on Monday, but soon corrected to $2.18T, while still up by over 5% from the previous week’s levels. Despite the positive Read more…
Eurozone PPI rose 0.2% mom in May, matching market expectations, while annual producer inflation accelerated from 5.0% yoy to 5.9% yoy, slightly above the 5.7% yoy consensus. The data suggest producer price pressures remained elevated Read more…
Eurozone retail sales rose 0.2% mom in May, matching market expectations and pointing to continued resilience in consumer spending despite a mixed performance across retail categories. Across the broader EU, retail sales increased a stronger Read more…
Eurozone investor confidence improved sharply in July, with the Sentix Investor Confidence Index rising from -13.4 to -3.1, marking a third consecutive monthly gain. The improvement was broad-based, with the Current Situation Index climbing from Read more…
The broad US market index, the S&P 500, has entered July against a backdrop of mixed signals from the labour market. The Bureau of Labor Statistics report released on 2 July showed that just 57,000 Read more…
Gold found its footing above $4,000 after June’s disappointing US payrolls report triggered broad-based Dollar selling and eased expectations for a near-term Fed rate hike. But the rebound is already losing momentum this week. The Read more…
Markets The US was busy on Friday observing the Fourth of July so doors were shut. Moves during the European session deserve little more than a nutshell recap: stocks up (0.8%), yields up (2–3.8 bps) Read more…
If you have been watching the monthly jobs numbers and wondering why they keep disappointing, Goldman Sachs may have part of your answer. June payrolls came in at just 57,000, less than half of what 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 There’s no excuse these days for Read more…