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Usd/jpy cracks to a fresh 2023 high above 148.25 on higher for longer federal reserve

Japanese authorities are quick to tell us that they want the yen FX rate to reflect fundamentals. Well, it doesn't get much more fundamental than ...

September 20, 2023, 8:13 pm

Binance.us's challenges continue: trading activity hits new lows

Binance.US, the American offshoot of the global cryptocurrency exchange Binance, is struggling with a series of unprecedented challenges that might ha...

September 18, 2023, 8:04 am

Ford's former ceo has a stark warning for both the uaw and automakers

As Detroit automakers and labor leaders scramble to hammer out a contract that will shape the future of the US auto industry, former Ford CEO Mark Fie...

September 13, 2023, 2:56 pm

Ecb could push eu into long recession with rate rise on thursday

By George Prior The European Central Bank would risk plunging the European Union into a long recession if it decides to raise interest rates at its pi...

September 11, 2023, 5:35 pm

Sterling in distress following boe survey, euro and franc also soften

Sterling is under pronounced pressure in forex markets, trailing as the day’s worst performer. This wave of selloff initiated yesterday following Bo...

September 7, 2023, 1:21 pm

Eur/usd drops back towards 1.0700 as ecb blackout begins, eyes on fed speakers

EUR/USD fades bounce off three-month low, renews intraday bottom of late. Divergence between Eurozone and US data joins ...

September 7, 2023, 6:14 am

New petrol pain and global inflation fears as opec keeps oil curbs

By George Prior Petrol prices and global inflation are likely to tick higher again as the OPEC+ group of oil producing countries will hold production ...

September 6, 2023, 1:25 pm

Boc to pause today, eur/cad down in consolidation pattern

BoC is widely anticipated to maintain its current interest rate of 5.00% today. This expected pause in rate adjustments comes on the heels of surprisi...

September 6, 2023, 2:19 am

3 bank stocks to sell in september before they crash and burn

Predicting the trajectory of bank stocks in 2023 has been incredibly challenging. The unnerving sight of bank runs just a few months ago was a ...

September 5, 2023, 6:25 pm

Disney-charter battle makes pay-tv bundle's fadeout a stark reality for streaming-focused media companies and investors: “the lifeboats have already been burned”

Just as this summer's New York City wildfire smoke, LA hurricane and sneaker-melting heat have brought home the reality of climate change, the Disney-...

September 5, 2023, 6:14 pm

Fed will lose public and market confidence with more rate rises

By George Prior The US Federal Reserve will “lose the confidence of the public and financial markets” and have “disastrous” economic effects, ...

August 31, 2023, 6:32 pm

These are the only 3 energy stocks to consider in august 2023

After a shaky start this year, energy stocks seemed to have lost their sheen in stark contrast to last ...

August 23, 2023, 7:00 pm

Rate expectations pared back as pmis point to recession

European stocks have given back the bulk of their gains this morning as flash PMI data points to a possible recession over the remainder of the year. ...

August 23, 2023, 1:44 pm

1 reason carvana stock is a screaming buy, and 1 reason to avoid it like the plague

Carvana shares have crushed the market in 2023, a stark reversal from its steep plummet last year. The ...

August 23, 2023, 10:24 am

Nz retail sales volume down -1.0% qoq in q2, value down -0.2% qoq

New Zealand’s retail sales volume for Q2 plummeted by -1.0% qoq, settling at NZD 25B. This decline stark...

August 23, 2023, 3:31 am

Yen to dollar rate strengthens; australian dollar struggles

Dollar’s Domination Over Yen The dollar continues to showcase its strength against the Japanese yen. Basically, the Yen to Dollar is currently prope...

August 17, 2023, 2:42 pm

Walmart profits soar as target takes major hit over ‘woke' merchandise

Walmart's second-quarter earnings release showed that e-commerce and international sales increased by 24% and 11%, respectively -- a ...

August 17, 2023, 10:22 am

Australian employment down -14.6k, but hours worked continue to rise

Australia witnessed a contraction in employment by -14.6k in July, starkly missing expectations of a 15...

August 17, 2023, 3:03 am

Yuan nears multi-year lows on the weaker economy

Another set of statistics from China has added to the wave of disappointment over the momentum of the world’s second-largest economy, prompting a di...

August 15, 2023, 2:53 pm

Hedge fund billionaire ken griffin issues a stark warning about the artificial intelligence (ai) hype cycle. these 2 ai stocks are his largest holdings.

The latest advancements in AI have lifted the market in 2023, sending some AI stocks soaring. While some believe the technology is transformative, the...

August 15, 2023, 5:17 am


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