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Previewing next week’s key macroeconomic data releases from the US, “payrolls probably slowed sharply after a 943k surge in July,” said TD Securities analysts. Key quotes “The pattern reflects less help from the seasonal adjustment process, particularly for the government sector, but underlying momentum appears to have faded as well. That is the signal from
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Sweeping legislation allowing officials from the Australian Federal Police and Australian Criminal Intelligence Commission to target suspected criminals online has passed through the country’s parliament with bipartisan support. On August 25, the Identify and Disrupt bill passed through Australia’s Senate, introducing three new warrants allowing authorities to take unprecedented action against suspected cybercriminals. The new
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Another round of selling was seen in Dollar overnight, as US stocks extended record run. But Yen was even weaker, following the strong rally in treasury yields. It remains to be seen if investors are already starting to position themselves for the Jackson Hole symposium. For now, Yen, Dollar, and Swiss Franc are the worst
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In this article PTON Peloton Interactive Inc. stationary bicycles sit on display at the company’s showroom on Madison Avenue in New York, U.S., on Wednesday, Dec. 18, 2019. Jeenah Moon | Bloomberg | Getty Images Peloton said Thursday its fiscal fourth-quarter loss widened as the pace of revenue growth slowed dramatically and costs associated with
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Geopolitical anxiety helps to kick the indices lower The geopolitical anxiety – and perhaps a bit overbought conditions – have sent the US stocks lower.  A snapshot currently shows: Dow -36 points or -0.10% 35372 S&P index -16 points or -0.37% at 4478.90 NASDAQ index -51 points or -0.34% 14991.78 The NASDAQ and S&P index are up
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Kaplan is a voting member in 2023 Feds Kaplan is expected to speak at 10:30 AM ET.  Last week (August 20) Kaplan shifted his stance a bit due to the Delta variant.  Fed’s Kaplan on Fox Business The big “imponderable” is path of Delta virus. So far the Delta virus has not had a material effect on mobility
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New Delhi: Gold in the national capital on Thursday dipped Rs 265 to Rs 46,149 per 10 grams, in line with a fall in international precious metal prices and rupee appreciation, according to HDFC Securities. In the previous trade, gold closed at Rs 46,414 per 10 grams. Silver also tumbled Rs 323 to Rs 61,653
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Swiss Franc drops sharply today, as pressured by selling against Euro, and rising treasury yields. Dollar once again tries to recover, but there is no committed buying yet. The greenback traders will carefully scrutinize the comments from Fed officials coming out today and tomorrow, as the annual Jackson Hole Symposium goes along. Meanwhile, commodity currencies
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