Wall Street Journal (gated, link if you can access it) report: Adam Neumann, former chief executive and co-founder of WeWork, recently submitted an offer to […]
Australian weekly consumer confidence 83.1 (prior 81.7)Australian weekly consumer confidence 83.1 (prior 81.7)
The ANZ-Roy Morgan Australian Consumer Confidence index is published weekly. ANZ comment: Confidence rose 1.4pts on the RBA’s dovish shift and better-than-expected labour market dataRecent […]
PBOC is “alarmed” by the weakness of the yen (concerned over yuan implications)PBOC is “alarmed” by the weakness of the yen (concerned over yuan implications)
Via Saxo Bank on the yen and yuan: Says the People’s Bank of China is concerned (‘alarmed’ according to Saxo analysts) by the weakness of […]
Russia orders companies to cut oil output to meet OPEC+ targetRussia orders companies to cut oil output to meet OPEC+ target
Russia’s government ordered firms to reduce oil output in Q2 in order to hit a production target of 9 million barrels per day (bpd) by […]
South American gold miner Nilam Resources wants to buy 24,800 BitcoinSouth American gold miner Nilam Resources wants to buy 24,800 Bitcoin
Crypto media is carrying the report: Nilam Resources has announced it is entering into a Letter of Intent (LOI) with Xyberdata Ltd. to acquire 24,800 […]
Forexlive Americas FX news wrap: US dollar drifts lower, bitcoin jumpsForexlive Americas FX news wrap: US dollar drifts lower, bitcoin jumps
US February new home sales 662K vs 675K expectedFed’s Goolsbee expects three rate cuts this yearPutin says Moscow attack committed by radical IslamistsUS sells 2-year […]
ICYMI: Fed’s Bostic spoke again on Monday, repeated his forecast for just 1 cut this yearICYMI: Fed’s Bostic spoke again on Monday, repeated his forecast for just 1 cut this year
Bostic dropped the one-cut-only bombshell on Friday after the RTH close in the US: ICYMI: Late Friday Fed’s Bostic shifted his 2024 forecast to only […]
NY Fed researchers say says manufacturing growth In China could boost US InflationNY Fed researchers say says manufacturing growth In China could boost US Inflation
A New York Federal Reserve research paper considers the impact of a scenario in which a credit-fueled boom in manufacturing activity produces higher-than-expected economic growth […]
WTI crude breaks a three-day losing streakWTI crude breaks a three-day losing streak
Oil struggled late last week but is back on the upswing today, rising $1.49. A report confirmed Russian planned production curbs and that’s helping but […]
US seeks $2 billion in penalties against Ripple LabsUS seeks $2 billion in penalties against Ripple Labs
It’s good to be Ripple’s lawyers right now as the bills are about to run into the stratosphere. I’m not so sure it’s going to […]