Generative Data Intelligence

Tag: Bostic

USD/JPY – Yen falls below 134 as US dollar gains strength

USD/JPY slips to 1-month low US retail sales fall for second straight month Fed members Waller and Bostic urge more rate hikes Japanese yen extends losses The...

AUD/USD – Australian dollar takes traders for a wild ride

US retail sales decelerate sharply in May US bank earnings were solid Markets have priced a May rate hike at 80% AUD/USD steady after swings of...

Week Ahead – All eyes on China’s GDP, UK CPI, Flash PMIs, and Earnings

US The first few banks are delivering a strong start to earnings season, reigniting soft landing calls, while large parts of Wall Street remain...

Bank of America Expects the Fed to Keep Hiking Rates Until ‘Point of Pain’ for Consumer Demand

Bank of America has warned that the Federal Reserve will have to keep raising interest rates until it finds “the point of pain...

US Close: Stocks rally on peak hopes, UAE OPEC drama sends prices on a rollercoaster ride, Gold shines, Crypto struggles on Silvergate woes

US stocks rallied after another impressive ISM services index suggests that part of the economy remains healthy and as Treasuries rally after the...

Bitcoin, Ether fall; Litecoin is biggest loser of day

Bitcoin and Ether fell by the end of Asian trading hours on Friday afternoon, together with all other top 10 non-stablecoin cryptocurrencies by market...

Bitcoin falls below US$23,000, Ether slides in crypto price slump across the board

Bitcoin and Ether prices slumped in Friday morning trading in Asia, along with all other top 10 non-stablecoin cryptocurrencies amid reports U.S.-based cryptocurrency bank...

Sterling slides below 1.20

The British pound is down sharply on Thursday, as the US dollar has recorded strong gains against the major currencies. In the European session,...

EUR/USD dips as eurozone inflation eases

The euro remains busy and is down 0.40% on Thursday, trading at 1.0624. This follows the euro gaining 0.90% a day earlier. Eurozone inflation...

Mid-Market Update: Prepare for March Mayhem, ISM data sends 10-year tentatively to 4%, Stocks tumble as Fed signal higher rates, China’s robust PMIs, Hot...

US stocks are falling after the ISM manufacturing report posted a modest rise that still remains in contraction territory, but prices paid came...

Pushing BTC and Crypto Away From U.S. Will Be a Strategic Mistake

Pushing BTC and Crypto Away From U.S. Will Be a Strategic Mistake: Cato Institute. Market analysts have commented on this. Many believe crypto...

Week Ahead – Inflation issues sinking in

US Disinflation trends are struggling and now Wall Street will look to see if improving manufacturing and service activity will further fuel pricing pressures....

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