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Fed Chair Kevin Warsh Plays the Hawk But May Have a Dove Up His Sleeve
Since becoming the new chair of the Federal Reserve’s Board of Governors and Federal Open Market Committee (FOMC), Kevin Warsh has given a lot of tough talk. Warsh has said that prices are too high and that the Fed will achieve price stability and bring inflation back down to 2%. The market seemed to take…
Bank of Canada sees sharply higher inflation outlook as oil surges, Macklem says
Bank of Canada sees sharply higher inflation outlook as oil surges, Macklem says
Locked and loaded for the August edition of non-farm payrolls
It’s the final countdown to jobs Friday with both the US and Canadian numbers due up at the bottom of the hour. USD/JPY remains in focus as it’s now more than 100 pips from yesterday’s low and we had some more turbulence in Asia. I would imagine macro traders avoid that pair in the aftermath…
Netcapital shares rise 24.53% on Thursday to close at USD 1.98
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Record $44.9 bn surge in a week makes India 4th-largest Fx holder | Finance News
India’s foreign exchange reserves posted their biggest-ever weekly increase, surging by $44.9 billion to a record $785.7 billion in the week ended September 4, boosted by strong dollar inflows under the Reserve Bank of India’s (RBI’s) concessional swap window, especially the foreign currency non-resident (bank) — or FCNR(B) — deposits scheme. This increase pushed…
Oracle posts 30% revenue growth fueled by AI cloud demand
Oracle Corp. signage on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Aug. 12, 2026. Michael Nagle | Bloomberg | Getty Images Oracle shares whipsawed on Friday after the software company reported 30% revenue growth for the latest quarter, topping estimates, with sales fueled by strong demand for…
