Markets Oil captured most of the market attention in the run-up to the US June CPI and Fed chair Warsh’s semiannual testimony before Congress. The NACHO trade pushed Brent towards an intraday high of $87.55, the most since mid-June. At a current price of +/- $86, one barrel is trading at an important technical and […]
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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 When it comes to keeping a Read more…
TL;DR: Australia’s soft CPI print has pushed all four major banks into agreement that the RBA’s tightening cycle is over for now, driving AUD/USD below its rising channel with 0.6750 emerging as the next major Read more…
Downside surprise on inflation removes case for rate hike in August. Downbeat narrative on supply in question. We no longer expect rate hikes by the RBA this year. Inflation has been more benign than we Read more…