SEK: Positive real rates support currency outlook – BBH Brown Brothers Harriman’s (BBH) Elias Haddad highlights that USD/SEK has fallen on broad Dollar weakness while Sweden’s April disinflation surprised to the downside, reducing Riksbank hike...
Fed’s Musalem: inflation is meaningfully above target Albert Musalem, President of the Federal Reserve (Fed) Bank of St. Louis, spoke at the Mississippi Bankers Association on Wednesday He said that uncertainty around tariffs and war are... Read More 👈
Crude oil inventories in the United States decreased by 2.3 million barrels during the week ending May 1, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday The decrease brings commercial stockpiles to 457.2 million bar
CEO Lisa Su highlighted the growing demand for central processing units, doubling her long term forecast after strong first-quarter earnings.
Diplomatic sources indicate the new US-Gulf draft resolution mirrors a prior version rejected by Russia and China, risking further Security Council deadlock. A revised draft resolution backed by the US and Gulf states is drawing opposition from Russia and China, diplomatic
Japanese Yen strengthens on speculation of currency intervention, weighing on EUR/JPY despite ECB policy tightening expectations. EUR/JPY dropped 0.61% to around 183.50 on Wednesday as the Japanese Yen rallied amid growing speculation of intervention by Japanese authoritie
QXO is sitting on a trendline that has held for over a year: Here is what comes next QXO, Inc. (ticker: QXO) is sitting right on a rising trendline that has been in place since May of last year. The stock is at $18.87 as I write this, and this company is at one of the most
Shares of AMD and Arista Networks surged, driving significant market capitalization increases amid broader tech sector strength. Advanced Micro Devices (AMD) and Arista Networks saw notable gains in Wednesday trading, boosting their market capitalizations. AMD rose 4.2% on
Treasury considers allowing stocks in certain accounts The US Treasury is considering a change to allow stocks in specific retirement accounts. This potential move could impact the investment options available to account holders. The consideration of this c
Weekly decline in crude inventories exceeds expectations, signaling potential supply tightness in the oil market. US crude oil inventories fell by 2.3 million barrels for the week ended May 1, the Energy Information Administration reported. The drawdown reflects stronger-t
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