Prior month 35 US homebuilder confidence weakened more than expected in September: NAHB Housing Market Index: 32 vs 34 expected. Prior 35 September components compared with August: Current sales conditions: 35 vs 39 Sales expectations for the next six months: 37 vs 43 Traffic of prospective buyers: 23 vs 23 Builder confidence in the market for newly built single-family homes fell three points to…
The United States (US) Federal Reserve (Fed) announces its interest rate decision on Wednesday, following another pivotal meeting that could provide key insights into the monetary policy outlook heading into the end of the year.
Led by former IBM Blockchain partner Jules Miller, Iris is helping Bolivia's VIVA use stablecoins for settlement, dollar reserves and new financial services without replacing its existing telecom systems.
The onchain finance platform said thSLVR allows investors to retain exposure to silver while earning income from lending the metal to institutional borrowers.
ING’s Bert Colijn notes that Eurozone industrial production slipped by 0.1% in both June and July, leaving output broadly unchanged from a year earlier. He highlights resilience in capital goods and energy, but continued weakness in consumer-focused sectors, especially non-durable goods.
EUR/USD consolidates losses on Wednesday as traders avoid taking strong directional positions ahead of the Federal Reserve’s (Fed) monetary policy announcement.
Sebastien Mallet is on the verge of his best one-year performance ever as portfolio manager of T. Rowe Price Global Value Equity Fund. Here’s what he’s buying.
MUFG’s Henry Cook expects the Bank of England to deliver a hawkish hold, with UK inflation driven higher by energy and headline CPI projected to exceed 4% after the January price cap reset.
Rabobank’s Senior Macro Strategist Bas van Geffen notes that EUR money markets now discount more than four additional European Central Bank (ECB) rate hikes beyond the two already delivered, as investors push expectations ahead of policymakers.
We keep building the honeypots, and we are about to hand the same architecture to billions of AI agents, writes Evin McMullen, CEO and co-founder of Billions.
Retail Sales in the United States increased to $773.9 billion in August, the US Census Bureau reported on Wednesday. This print represents a monthly gain of 1.2%, a reversal of the 0.5% contraction recorded in the previous month, and came in above market expectations (+0.8%).
Deutsche Bank’s Shreyas Gopal notes that Bank of England (BoE) meetings have repeatedly seen early market speculation on tightening fade as decisions approach, keeping the Pound stable and EUR/GBP in a narrow range.
Bernstein said the federal agencies will publish new regulations to compensate for the time lost negotiating the CLARITY Act, after its cloture vote failed on Tuesday.
Prior month +18.3% revised to 18.5% Canada’s July building permits: Building permits MoM: -17.3% vs -6.4% expected. Prior +18.5% Total permit value: $12.2 billion, down $2.6 billion from June Constant-dollar permit value: -17.5% MoM and -2.2% YoY July sectors compared with June: Non-residential: -$1.9 billion to $5.0 billion Residential: -$701.2 million to $7.2 billion Institutional: -$1.5…
Prior month import prices -0.3% revised from -0.4% Prior month export prices -1.4% US import and export prices for August: Export prices MoM: +0.6% vs +0.5% expected. Prior −1.4% Export prices YoY: +8.6% More details on Import and export prices: Import-price components—August versus July: Fuel imports: −0.1% vs −6.6% Nonfuel imports: +0.8% vs +0.3% Foods, feeds and beverages: +0.1% vs +0.7%…
Prior was -0.6% (revised to -0.5%) Ex autos +1.4% vs +0.5% expected Prior ex-autos -0.3% (revised to -0.2%) Retail sales control group +1.4% vs +0.4% expected Prior control was -0.4% Ex autos and gas +1.2% vs -0.2% prior (revised to -0.3%) Retail sales y/y nominal 6.0% vs 5.01% prior This is a very strong report right down the list and yet-another reason for the Fed to hike rates. It's also a…
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