Forex Today: US Dollar firms as Oil surges on Hormuz
Here is what you need to know for Tuesday, August 11: The US Dollar (USD) traded broadly firmer on Monday, […]
international-finance
United States: Weak payrolls and softer retail sales – TD Securities
TD Securities notes July payrolls surprised sharply to the downside, with headline jobs dragged by government hiring, while private employment
Fed Chair Kevin Warsh promises 2% inflation, but skyrocketing U.S. debt makes that a pipe dream
Uncle Sam needs inflation, not just economic growth, to escape today’s debt crisis.
China: Cost-driven reflation and narrow profit gains – Standard Chartered
Standard Chartered analysts Carol Liao and Moriarty Lam argue that China’s reflation remains largely cost-driven, with industrial profit recovery concentrated
Dominican Republic Remittances Withstand New US Tax
Remittances are surviving the new US tax—at least for now. This article appears in the July/August issue of Global Finance
international-finance
DA Davidson reiterates Buy on Monday.com stock, keeps $100 target
DA Davidson reiterates Buy on Monday.com stock, keeps $100 target
Japanese Yen weakens as surprise deficit lifts USD/JPY toward 159
USD/JPY advances 0.73% on Monday and trades around 158.95 at the time of writing. The Japanese Yen (JPY) underperforms against
The AI overlords are selling a utopian future
In its latest manifesto, “The Future is for Everyone,” Meta paints a dazzling picture of the next decade: a world
Crucial CPI report will show tame inflation, prediction markets show
A shopper carries a basket of products at a grocery store in Wilmington, North Carolina, US, on Saturday, Aug. 8,
international-finance
Trump says he is demanding compensation from Iran for people killed
Trump says he is demanding compensation from Iran for people killed !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}