The Swiss National Bank’s June policy minutes show policymakers becoming more concerned about inflation risks but not sufficiently alarmed to warrant tighter monetary policy. While the Governing Board acknowledged that higher energy prices and geopolitical Read more…
Federal Reserve Chair Kevin Warsh testified before Congress on 14–15 July, reaffirming the Fed’s commitment to bringing inflation back to target while providing no clear guidance on the future path of interest rates. Meanwhile, June Read more…
EUR/USD and GBP/USD continue to recover moderately following the recent weakening of the US dollar. European currencies have been supported by expectations that US inflationary pressures will continue to ease after softer-than-expected CPI and PPI Read more…
Markets The US Treasury curve bull steepened for a second session straight. Markets mirrored Tuesday’s post-CPI reaction after a more benign June PPI report. Headline producer price inflation fell by 0.3% M/M and slowed from Read more…
The UK economy returned to modest growth in May, with GDP rising 0.1% month-on-month after a -0.1% contraction in April, slightly exceeding expectations for a flat reading. The data suggest the economy regained some momentum 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 Some rooms in our home tend Read more…
Sterling extended its rally after reports that incoming Prime Minister Andy Burnham has decided on a fiscally conservative Chancellor. The Pound outperformed broadly, with the strongest gains seen against the Euro and Swiss Franc as Read more…
Key Highlights WTI Crude Oil started a fresh rally above $76 and $78. A key bullish trend line is forming with support at $72.80 on the 4-hour chart of XTI/USD. Gold could attempt a recovery Read more…
The Federal Reserve’s latest Beige Book painted a picture of an economy that continues to expand while inflation pressures become less widespread, broadly reinforcing the recent message from softer CPI and PPI reports. Economic activity Read more…
South Korean memory chipmaker SK Hynix (SKHY) was a company most American investors could not buy. It builds the high-bandwidth memory stacked next to Nvidia‘s AI accelerators. Until last week, owning SK Hynix meant opening Read more…