Slight tick up in the inflation. Drop off in the y/y reading, but not major reaction from EURUSD. Main reading for the zone still to come later in the session with more regional CPI readings to follow.
Most Popular
SK Hynix sees wafer shortage till 2030, expects >20% deficit. ADR listing eyed. DRAM prices to stabilize.
The Fed faces renewed inflation risks from the Middle East conflict as core PCE rises to 3.1%. Markets have sharply reduced expectations for rate cuts, with traders now seeing only a 47% chance of easing by December.
QSR jumps 3.2% on oil price drop, hitting a 52-week high. 5-yr return: 16.6%. Low volatility.
EPD & ENB offer steady yields (5.8%, 5.2%) bypassing oil price swings. Reliable cash flow, not commodity risk.
Oil dips, easing inflation fears. BTSG +3.1%, COLL +2.9%, PAHC +3.7%. PAHC up 37.2% YTD.
Japan officials signal vigilance on yields, fiscal policy and FX as yen weakness persists The coordinated remarks from Japan’s fiscal and monetary authorities may be interpreted as subtle verbal support for the yen
Nvidia's 22.6x forward P/E undervalues its long-term AI growth. Buy now before the market catches on!
Must Read