EUR/CAD extended its near term rally today as increasingly hawkish rhetoric from senior European Central Bank officials continued pushing markets toward pricing a June rate hike, while falling oil prices added renewed pressure on Canadian Read more…
Minneapolis Fed President Neel Kashkari warned that inflation risks are becoming increasingly concerning as the Middle East conflict continues pushing energy and supply-chain costs higher across the global economy. Speaking in Tokyo, Kashkari said “most Read more…
Chipotle built its brand on the idea that better ingredients justify a higher price. A burrito bowl that costs twice as much as a fast-food combo is a reasonable trade if the quality gap is Read more…
At the start of the week, the US currency continues to trade near significant levels amid ongoing uncertainty surrounding negotiations between the United States and Iran. Markets are closely monitoring reports suggesting a possible prolongation 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 A solid pair of earbuds can Read more…
Markets US and UK markets reopened yesterday after long weekend, allowing room for some repositioning to Monday’s bond and stock rally on enthusiasm on a US-Iran deal. European bond markets underperformed with curves bear steepening Read more…
In focus today Today is quiet in terms of data releases. Focus remains on developments between the US and Iran and implications on markets. Economic and market news What happened overnight In New Zealand, the Read more…
AST SpaceMobile (ASTS) added nearly $10 billion in market value with the stock up over 17% on May 26. The jump came as space stocks soared following SpaceX’s public IPO filing, which could reportedly value Read more…
As widely expected, the RBNZ held the OCR at 2.25%. The three internal members voted for no change – including the Governor, with her casting vote – and the three external members voted for a Read more…
AUD/NZD may finally be running into a wall. After months of powerful upside momentum, today’s combination of a hawkish RBNZ shock and softer Australian inflation data delivered the strongest challenge yet to the pair’s medium-term Read more…