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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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Currency Crisis
ECB Can Start Worrying About Growth Not Inflation
Why should ECB worry about growth and not inflation? Cutting rates? That was the easy part. As widely expected, the…
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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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Currency Crisis
The Reserve Bank of India Delivers a Hawkish Hold
Surprisingly interesting meeting. The Reverse Bank of India delivers a hawkish hold On paper, this should have been a routine…
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U.S. May Non-farm Payrolls Outlook: Government Employment Could Be Decisive
The U.S. Bureau of Labor Statistics will release the non-farm payroll report for May on June 7, EST. The significant…
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Currency Crisis
Pound Sterling Loses Ground After Euro-Zone Wages Data And BoE Talks
The latest Euro-Zone wages data triggered fresh doubts whether an April ECB interest rate cut was realistic and GBP/EUR lost…
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Currency Crisis
Canadian Dollar Looses Value As CPI Data Bolsters
The Canadian Dollar weakened against its U.S. counterpart today, and against most major currencies as Canadian inflation data for January…
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Stock
Analyst Revamps S&P 500 Target Before Nvidia Earnings
It’s been quite a ride- and it ain’t over yet as the Analyst Revamps S&P 500 target before Nvidia earnings…
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February 21st Financial News
Quick Facts; Markets are paying attention to the risk of the Fed raising rates again. Biden energy advisor says LNG…
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