In focus today The minutes from the FOMC’s May meeting are due for release this evening. As the meeting was held before the US-China trade deal, the minutes are likely already somewhat outdated. Since the meeting, FOMC participants have broadly called for patience before resuming rate cuts, which we expect to continue only in September. […]
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US initial jobless claims rose 14k to 240k in the week ending May 24, above expectation of 230k. Four-week moving average of initial claims fell -250k to 231k. Continuing claims rose 26k to 1919k in Read more…
The New Zealand dollar declined as much as 0.67% earlier but has recovered. In the European session, NZD/USD is trading at 0.5969, up 0.04% on the day. RBNZ’s Hawkesby sees weaker growth, lower inflation A 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. When you’re out on the road, the last thing you want Read more…