The uptick in prices also comes at a time of decline in other non-equity assets like currencies and government bonds, especially the US Dollar-denominated assets, like the US government bond or US treasuries, as they are known. This trend of a pullback in currencies and treasuries over uncertainty is knownContinue Reading
Japan PM vows to act against speculative market moves in wake of yen spikeRead MoreContinue Reading
NY Fed carried out dollar/yen rate checks, source saysRead MoreContinue Reading
Press Release: January 29, 2024 HD Hyundai had a prominent voice at this year’s CES show on January 10th, in Las Vegas, Nevada. Kisun Chung, Vice Chairman of HD Hyundai and the grandson of the late Ju-yung Chung, founder of Hyundai, was a keynote speaker at the show. John TaylorContinue Reading
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Neither S&P 500 nor Nasdaq could challenge Thursday‘s highs – opportunity to sell was acted upon right off the opening bell. Both decent intraday recoveries failed, and the indices closed on a risk-off mode – taking risk down was visible in the leader Russell 2000 as well. Smallcaps have thoughContinue Reading
The Australian Dollar (AUD) trades on the back foot against the US Dollar (USD) on Friday, as resilient US economic data and hawkish-leaning Federal Reserve (Fed) rhetoric keep the Greenback firmly supported. At the time of writing, AUD/USD trades around 0.6684, down about 0.20% on the day and poised toContinue Reading
EUR/USD drops even though the Dollar pared some of its earlier gains on Friday sparked by solid US economic data releases in the week, which has improved the outlook for the labor market. This trimmed the chances for further easing by the Federal Reserve, a tailwind for the Greenback. TheContinue Reading
Trifecta of slow-growing prices, falling mortgage rates and rising incomes inform Zillow’s forecast The mortgage payment for a typical home should be affordable in 20 of the nation’s 50 largest metros by December 2026, according to Zillow’s projections, with Chicago, Atlanta and Raleigh joining the current list. Affordability is expectedContinue Reading
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