San Francisco Fed President Mary Daly said the FOMC has appropriately reduced policy rates by a total of 50bps this year as part of a “prudent risk management approach”, noting that the adjustments provide “needed Read more…
Gold and Silver advanced sharply today, recovering from recent lows as traders interpreted both technical signals and fresh political developments in Washington as reasons to buy. The rally suggests the first corrective leg from October’s Read more…
The Society of Actuaries (SOA) Research Institute recently published a series of guides designed to assist solo agers with key financial and retirement decisions. In addition, the SOA published survey findings on the growing phenomenon Read more…
The US dollar is losing confidence again. The Fed doubts that interest rates will be lowered. The Bank of Japan intends to continue the cycle. The yen is testing the authorities’ resolve. The US dollar Read more…
Market Overview The crypto market jumped 4.5% in the last 24 hours, following reports of progress in ending the US government shutdown and promises by the US president to distribute $2,000 checks to families, with Read more…
As the Dollar Index (DXY) chart shows, the index is currently trading below its 5 November high, which formed after a false bullish breakout (marked by an arrow) above the 1 August peak — a Read more…
Eurozone investor sentiment deteriorated again in November, reinforcing concerns that the bloc’s economy remains mired in stagnation. Sentix Investor Confidence Index fell sharply to -7.4 from -5.4 in October, missing expectations of -3.9. Current Situation 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 If you’re not ready to break Read more…
On Monday, gold advanced by more than 1% to 4,050 USD per ounce, reaching a fresh two-week high. The rally was fuelled by mounting concerns over the health of the US economy. A softening US Read more…
Asia Market Wrap – Nikkei Up 1.2% Stock prices went up and government bonds (Treasuries) went down because people felt hopeful about a possible deal to end the longest US government shutdown. This good feeling Read more…