Ethereum has emerged as the standout performer in the cryptocurrency market this week after softer-than-expected US inflation data improved appetite for risk assets. While both Bitcoin and Ethereum extended their near-term rebounds following June’s CPI Read more…
Federal Reserve Vice Chair Philip Jefferson kept the door open to another interest rate hike if inflation fails to improve, while maintaining that current policy remains appropriate for now. Speaking in prepared remarks at the Read more…
Dallas Fed President Lorie Logan became the clearest advocate yet for renewed monetary tightening, becoming the first Fed official to publicly support another interest rate increase since Kevin Warsh became chair. In prepared remarks delivered Read more…
In a speech on Thursday, Kansas City Fed President Jeff Schmid cautioned against drawing premature conclusions from this week’s softer-than-expected June CPI report, arguing that inflation remains too high and price pressures continue to be Read more…
Key Highlights USD/JPY started a fresh increase above 162.00 and 162.20. A major bullish trend line is forming with support at 161.90 on the 4-hour chart. EUR/USD again failed to gain strength for a move Read more…
With the war in the Middle East pushing oil prices sharply, consumer price inflation is set to rise to a two-year high. We estimate that New Zealand consumer prices rose by 1.5% in the June Read more…
Key insights from the week that was. The Westpac–MI Consumer Sentiment Index rose 4.1% in July; but at 83.9, the index is still in the bottom decile of historical outcomes, pointing to deep pessimism. Lower Read more…
Anyone who has booked a flight lately knows fares are not cheap. The airlines’ pricing data pattern over the last few months is unmistakable. Oil goes up, fuel costs surge, and airlines pass the pain Read more…
Disney is quietly considering offering a new free streaming option in response to shifting consumer behavior. The company, which owns streaming services Disney+, Hulu, and ESPN, recently saw revenue increase across all three platforms after Read more…
Every disruptor sells the same promise. Pay less, get more, and watch the incumbents squirm. It is a thrilling pitch, and for a while it even works, because a hungry challenger will eat margin the Read more…