Ouch. Released Friday, the US CPI data unexpectedly advanced to 8.6% in May. The data slashed hope that inflation had peaked, and revived the hawkish expectations that the Federal Reserve (Fed) should get more aggressive if it wants to take control of inflation. Plus, the University of Michigan’s consumer confidence index fell to the lowest […]
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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 Storage can be an ongoing struggle. Read more…
Bank of America data are pointing to a growing imbalance beneath otherwise solid consumer activity in the U.S. economy. Spending data for March suggests households are still actively buying across key categories, reinforcing the view Read more…
USDJPY: ⬆️ Buy USDJPY from the support zone Likely to test resistance levels 160.40 and 161.00 USDJPY currency pair recently reversed from the support zone between the key support level 157.50 (which stopped the previous Read more…