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…
TD Securities’ Jayati Bharadwaj expects a divided Congress to keep macro fundamentals as the main driver for FX, maintaining a modestly bearish view on the Dollar into year-end.
EUR/GBP extends its recovery on Wednesday after bouncing from the 50-day Simple Moving Average (SMA) at 0.8555 on Monday, its lowest level in two weeks.
The October update changes how nodes estimate transaction fees and process blocks, while fixing a wallet flaw that could let an authenticated user run commands on a node.
Rabobank’s Senior Macro Strategist Bas van Geffen highlights that United Kingdom (UK) inflation matched expectations at 3.1% y/y, with higher energy and fuel prices driving the rise, while core and services Consumer Price Index (CPI) remained unchanged.
The Canadian Dollar (CAD) trades lower against a firm US Dollar (USD) on Wednesday, with the market positioned for a quarter rate hike by the Federal Reserve (Fed), the first one in three years, later in the day.
Headlines: FOMC preview: The question is not whether the Fed hikes today, but how much tightening it signals Fed rate decision: Warsh walks credibility tightrope as markets brace for rate hike Why markets have left the Fed little choice but to hike rates UK headline inflation tops 3% again in August, but core prices remain steady Canada could become the first 'associate member' of the EU, says EU…