Markets The ECB is ready to raise rates in September, Bloomberg reported citing unnamed sources. Frankfurt kept rates steady yesterday but Lagarde admitted that some asked themselves if a hike should be considered. The ECB Read more…
UK retail sales volumes jumped 1.0% mom in June, far exceeding expectations for a -0.3% mom decline, following an unrevised 1.2% mom increase in May. The stronger-than-expected performance points to resilient consumer demand despite elevated Read more…
Germany’s GfK Consumer Climate edged down from -29.3 to -29.6 for August, highlighting that household confidence remains deeply depressed despite modest improvement in some underlying indicators. The slight deterioration was driven by weaker income expectations Read more…
The world’s largest sportswear company has accelerated a wave of store closures across the U.S., shutting down roughly a dozen locations in a single month as it works to reshape its retail footprint. The move 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 your backyard or front porch Read more…
TL;DR: Gold and Silver tumbled as markets returned to the oil-rates relationship that governed Q2, with Brent above $100 and 10-year Treasury yields above 4.7% restoring pressure on the metals — leaving their next move Read more…
Key Highlights USD/JPY started a fresh increase above 163.20 and 163.50. A key bullish trend line is forming with support at 163.00 on the 4-hour chart. EUR/USD is struggling below the 1.1450 resistance zone. WTI Read more…
Japan’s core consumer inflation accelerated in June, with the CPI excluding fresh food rising from 1.4% yoy to 1.6% yoy, matched expectations. Headline inflation also picked up from 1.5% yoy to 1.7% yoy. The figures Read more…
Japan’s private sector expanded at its fastest pace since February in July, with the S&P Global Flash Composite PMI Output Index edging up from 52.8 to 53.1. The survey marked a sixteenth consecutive month of Read more…
Australia’s private sector gained momentum in July, with the S&P Global Flash Composite PMI rising from 50.4 to 52.6, its highest reading since the start of the year. The improvement was driven primarily by the Read more…