Minnie
He liked
GBP/JPY climbs towards 192.80 after UK Services PMI hit 11-month high
Pound Sterling sees broad-market recovery after Services PMI beat. Markets shrug off a decline in the UK Manufacturing PMI. Japan Tokyo CPI inflation, BoJ rate call due on Friday. The GBP/JPY pair extended gains on Tuesday, climbing towards 192.80 after an upside beat to the UK Services Purchasing M
He liked
Poland Retail Sales Growth Stable At 6.1%
Poland's retail sales expanded at a steady pace at the end of the first quarter, figures from Statistics Poland showed on Tuesday. At constant prices, retail sales climbed 6.1 percent year-on-year in March, the same pace as in February, which was the quickest growth in twenty one months. The expecte
He liked
He liked
Pre Asia open: For US equities, the higher for longer rate bell tolls
Last week, equity markets continued their downward correction despite solid economic data. This correction was driven by the realization that rate cuts are not imminent or as aggressive as previously anticipated. The S&P 500 experienced a 3.2% decline by late Friday, with notable sectors such as
He liked
He liked
He liked
He liked
He liked
He liked
Navigating the complexities of taxes and precious metals in today's economy [Video]
In a recent episode of the "Money Medals Midweek Memo," host Mike Maharrey offered an in-depth look at tax day experiences, precious metals markets, and broader economic issues. Mike began by sharing a personal anecdote about the burden of writing a significant check to the IRS on tax day, reflectin
He liked
He liked
Oil risks remain tilted to the upside
He said it. Federal Reserve (Fed) President Jerome Powell said that the Fed may delay its first rate cut due to the lack of progress in cooling inflation following a rapid decline observed by the end of last year. The three straight month of rising inflation in the US convinced the Fed Chair - as ma
He liked
He liked
Treasuries See Further Downside Amid Ongoing Interest Rate Worries
After ending the previous session substantially lower, treasuries saw some further downside during trading on Tuesday. Bond prices fluctuated over the course of the session but largely maintained a negative bias before closing moderately lower. Subsequently, the yield on the benchmark ten-year note,
Pull-up Update