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UK Investment Crisis Calls for Taxes and U-Turns
Britain is in a deep investment hole. Public expenditure is due to fall regardless of who wins next month’s election,…
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Currency Crisis
Canada Inflation Expected To Continue Easing In May.
Statistics Canada is set to release the top-tier Consumer Price Index (CPI) data for May on Tuesday at 12:30 GMT.…
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Financials Weigh On Indian Shares; Small, Mid-caps Fall
Indian shares fell onMonday, weighed downby financials, while some small- and mid-cap stocks slipped aftera report said the markets regulator…
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Bank of Japan June Meeting Summary Shows Members Agree High Costs Hurting Consumers.
Bank of Japan board members noted that high costs of living are hurting consumer spending but they appeared divided over…
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Cryptocurrency
Bitcoin’s Double Top Suggests BTC Could Fall to $50K
Bitcoin (BTC) has carved out a double-top price pattern, signaling a potential bearish trend change ahead of key data release…
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United States Housing Market Strains Under the Weight of Higher Rates and Prices..
Data out this week was largely tilted to the housing market, providing an update on where things stand in the…
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ECB Can Start Worrying About Growth, Not Inflation
Cutting rates? That was the easy part. As widely expected, the European Central Bank on Thursday lowered borrowing costs for…
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Saudi Arabia Set for $11.2 Billion Haul From Aramco Sale
The government is expected to sell almost 1.55 billion shares for 27.25 Saudi riyals ($7.27) apiece, people familiar with the…
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The Wiggle Room Around 2% Inflation Targets
This week’s milestone G7 interest rate cuts dispel any notion that hitting 2%inflation targets spot on is a precondition for…
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The Reserve Bank of India Delivers a Hawkish Hold
Surprisingly interesting meeting On paper, this should have been a routine meeting with nothing much to report. India’s headline…
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