US September Philly Fed business index +23.2 vs +2.5 expected US initial jobless claims 231K vs 240K expected BOE leaves bank rate unchanged at 4.00% …
Category: Forex Short News
The U.S. Supreme Court will hear oral arguments on November 5 at 10 a.m. ET in a major case challenging former President Trump’s “reciprocal” tariffs. …
On the day: S&P 500 +0.5% Nasdaq Comp +1.0% DJIA +0.3% Russell 2000 +2.4% Toronto TSX Comp +0.5% The S&P 500 hit a record shortly …
Trump speak on Fox News said that the US made a deal with the UK but that the UK wants to make ‘adjustments’. Separately, Trump …
USD/JPY spent about 20 minutes below the 10-week range yesterday but has quickly rebounded and invalidated the breakdown. The pair is up 90 pips today …
Caterpillar is the world’s largest maker of construction and mining equipment, engines, and turbines. Think bulldozers, excavators, dump trucks, and the massive equipment that my …
If Stephen Miran gets his way and the Fed starts cutting 50 bps at every meeting, TIPS would get awfully attractive. The US just reopened …
David Kostin has been a regular in financial media for many years (I’ve been writing about him for more than a decade) but he’s decided …
Data from Freddie Mac: 6.26% rate for the Sept 18 week was 6.35% in the prior week This is the lowest since Oct 2024 This …
Trump’s lobbying efforts appear to be working. In terms of strategy, it looks like Trump is gearing up for a longer war with Russia that’s …