Author: Admin
The decision to pull Kimmel off the air sparked calls for a boycott from his supporters, and the move to bring him back has angered conservatives, putting Disney in an unwinnable position.
Bank of Canada (BoC) Governor Tiff Macklem noted on Monday that Canada will need to continue charting a “more independent course” away from the US, citing the US Dollar’s (USD) recent performance across the market. The US Dollar Index (DXY) is down over 12.5% year-to-date and is testing three-and-a-half-year lows.Key highlightsTrump’s attempts to influence Fed are raising questions about continued independence of US monetary policy.Trump’s “Liberation Day” tariffs called into question the US Dollar’s safe-haven role.For many investors, value of US Dollar as a hedge has been dented.Question now is whether US dominance in global financial flows will ebb.Macklem suspects…
An analyst notes some investors are increasingly worried that Nvidia is investing in companies that then purchase its chips. But he also notes the demand landscape looks strong for now.
USD/JPY eases after hitting a two-week high of 148.38 on Monday.The Greenback’s post-Fed rally loses steam, with the US Dollar Index snapping a three-day winning streak.Fed’s Miran warns policy is “well into restrictive territory,” calling for deeper interest rate cuts.The Japanese Yen (JPY) trims early losses against the US Dollar (USD) on Monday, with USD/JPY easing from its strongest level since September 8, near 148.38, touched in the Asian session.At the time of writing, the pair is trading around 147.73 during American trading hours as the Greenback’s post-Fed rally loses momentum, with traders reassessing the Federal Reserve’s (Fed) cautious easing…
Big-box chain is harnessing design teams to offer more stylish clothing, and is only ‘scratching the surface’ on fashion offerings, UBS analysts say.
Index Trading Where Is the Top in U.S. Stocks? Key Levels to Watch in the Nasdaq and S&P 500 Index Trading The U.S. stock market continues to push into uncharted territory, leaving traders asking the big question: where is the top in U.S. stocks? Or perhaps more importantly, is there even a top in sight? With the U.S. dollar downtrend losing steam and bond yields retreating after a strong run-up, momentum in equities has remained impressive. Both the S&P 500 and Nasdaq 100 are trading at record highs, but when markets stretch into uncharted territory, identifying potential turning points becomes…
U.S. stock-market futures were little changed on Sunday, after the three major indexes all closed at record highs on Friday.
AUD/USD extends losses for a third day, set for first weekly decline in four weeks.The Australian Dollar weakens as the Fed-driven US Dollar rebound and soft jobs data weigh on the Aussie.Fed Governor Stephen Miran advocates deeper cuts, signaling internal divergence on future policy directionThe Australian Dollar (AUD) trades on the back foot against the US Dollar (USD) on Friday, with AUD/USD extending its decline for the third straight day. The pair is set to end the week in negative territory for the first time in four weeks, as the Greenback’s post-Fed recovery continues to sap demand for risk-sensitive currencies.At…
“My other children have relationships, but they are unmarried and have no children.”
Highlights include US PCE, SNB, Flash PMIs, Aussie and Tokyo CPI Interest rates MON: PBoC LPR, EZ Consumer Confidence Flash (Sep) TUE: Riksbank Announcement, EZ/UK/US Flash PMIs (Sep) WED: CNB Announcement, Australian CPI (Aug), German Ifo Survey (Sep) THU: SNB Announcement, Banxico Announcement, BoJ Minutes, PBoC MLF, German GfK Consumer Sentiment (Oct), US Durable Goods (Aug), US GDP (Q2), US PCE (Q2) FRI: Japanese Tokyo CPI (Sep), US PCE (Aug), US University of Michigan Final (Sep) PBOC LPR/MLF (MON/THU) The PBoC is expected to leave its Loan Prime Rates unchanged for the fourth consecutive month, with the 1yr and…