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Bitcoin may have started another leg down in its long-term downtrend, with the initial target of $17,611.Crypto experts are surprised at the recent 'sudden' 10.4% drop and can find no catalyst for...
High and still-rising core inflation across developed countries Focus on Jackson Hole meeting starting Thursday Fed has not been challenged yet, but eventual crisis is likely Against that backdrop,...
Oil's witching hour may be upon us as the question of whether Iran wins back its stalled nuclear deal from global powers weighs on crude prices. Gold, meanwhile, could drift lower with the dollar...
Starting Friday, everything changes in the market with Powell’s big Jackson Hole speech, possibly laying out the path for monetary policy for the next 6 to 9 months. I would expect that Powell...
Risk markets were spooked a bit by further inflation prints and measures by the Fed that saw Wall Street lose significant ground as we head into the Jackson Hole meeting in this trading week. This...
DXY is up and away and that’s the end of everything bear market rally: AUD bye, bye:Markets getting ever shorter:Everything EM (NYSE:EEM) and commodities is junk: The Treasury curve...
Powell’s Jackson Hole speech, U.S. inflation data, more earnings in focus. Dollar General stock is a buy ahead of Q2 earnings thanks to recession-proof status. Peloton shares set to struggle...
Nasdaq underperforms US indices Rising bond yields and aggressive rate hikes are bad news for tech Recession signals around the world should weigh on risk appetite Although the US markets managed to...