Sterling fell against the dollar and its appreciation potential looks limited after the BOE cut rates by 25bp to 4.5%.
While the high correlation is unsurprising, it is worth noting that not all periods of high confidence led to increasing strong economic activity rates.
In an economy roughly 70% dependent on consumption, that consumption generates the revenues to create corporate earnings. As ...
Gold has long been considered a store of wealth, and the price of gold all time high often makes its biggest gains during ...
Eco data yesterday was a bit cautious, with weaker wholesale inventories, weaker retail inventories and weaker mortgage apps. Today’s eco data includes 4th qtr. GDP – expectations of 2.6% - which is ...
Futures tied to the Nasdaq gained on Wednesday as semiconductor-related stocks rose after chip equipment maker ASML's ...
Still, during last year’s presidential ... a proposal to erode the Fed’s traditional independence by allowing the president to be consulted on interest rate decisions. Need a break?
The move comes four weeks ahead of the RBA’s next cash-rate decision on February 18. Canstar data insights director Sally Tindall said Tuesday’s Macquarie Bank cut might seem small ...
Rafal Trzaskowski, the presidential candidate ... by "politically-motivated decisions." He contended that Polish citizens were currently facing the highest interest rates and repayment obligations ...
Federal Reserve Governor Christopher Waller said the US central bank could lower interest rates again in the first half of 2025 if inflation data continue to be favorable. “The inflation data we ...
There are legitimate reasons to question central banking independence as it currently operates; when Powell was renominated ...
The bond market’s moves might seem strange given that the Federal Reserve has lowered interest rates three times starting in September. But it’s a reminder that markets care more about the ...