Citi: the U.S. Federal Reserve…
Central bank leaders express cautious…
The recent surge in Tesla's…
Auto dealers are seeing an uptick in inventory while many consumers remain on the sidelines, deterred by the toxic combination of high interest rates and elevated inflation. In…
China’s economy expanded by 4.7 percent in the second quarter of the year compared to the same period last year, according to official data released on Monday.
China’s economy showed mixed signals in June with consumer prices rising modestly for the fifth straight month but missing expectations, while producer prices stayed in deflationary territory.
One month ago, when momentum-chasing market pundits and other fair-weather experts were quick to throw Tesla out of the Mag7 and forecast that the stock would keep on…
Analysts at Citi have predicted that the U.S. Federal Reserve could slash interest rates by 200 basis points in its next eight meetings through the summer of 2025…
For much of the past year, Standard Chartered's Geoffrey Kendrick has had a nice, round number in mind for his 2024 year-end price target: after (somewhat accurately) predicting…
Investors looking for clear guidance on the path of interest rates received few firm commitments from top central bankers on Tuesday despite the…
Via Metal Miner Overall, June 2024 financial market conditions showcased significant market stabilization for the global economy. The World Bank’s projection of…
The German government has recently transferred a substantial amount of Bitcoin to centralized exchanges, fueling market discussions and speculations. According to data from blockchain analytics firm Arkham, the…
After soaring to a record high just days after its November '21 IPO (at $78/share), the fate of EV maker Rivian had been a brutal one-way masterclass in…
China’s consumer inflation remained stable in May, while the decline in producer prices showed signs of easing, indicating sluggish demand amid a prolonged property downturn in the world’s…
The ongoing recovery in the construction sector continued in May, a new survey showed, as an upturn in commercial property helped push activity to its highest level in…
The decline in personal computer sales may end as soon as next year as consumers will be enticed to upgrade their legacy Covid-era PCs. The introduction of PCs…
A month and a half after we first observed that the world's largest bitcoin fund, Grayscale's GBTC, had lost more than half of its assets since the approval…
The Chicago Mercantile Exchange (CME), the world's largest futures exchange, is planning to offer spot bitcoin trading on its platform, according to a Financial Times
The eurozone economy is expected to “turn a corner” in 2024 as faster growth in southern Europe will help offset continued stagnation in Germany, new forecasts from the…
Metal Miner Metals markets recently saw UK metal and mining multinational Anglo American reject a £31.1 billion ($38.8 billion) takeover…
While 'hard' data has been improving recently (albeit then downwardly revised a month later), it is the 'soft' survey data that has collapsed amid Bidenomics.
New figures confirmed that the manufacturing sector slipped back into contraction in April as the sector suffered from
Via Metal Miner Although the beginning of the year offered mixed signals for the global economy, US markets today continue to experience…