Gutenberg attacked by a mob of angry scribes, made with AIThe AI revolution is here. Most of the content written about price action in financial markets so far this year focuses on the current state of the economy and the path of interest rates. That’s missing a big part of the picture.What changed everything this…
© Reuters. (Bloomberg) — Economists at Goldman Sachs Group Inc (NYSE:). said the risk of a US recession is receding amid a persistently strong jobs market and signs of improving business sentiment. The Goldman team led by Jan Hatzius cut its estimate for the probability of a recession in the next 12 months to 25%…
© Reuters. FILE PHOTO: Printed Chinese and Canada flags are seen in this illustration, July 21, 2022. REUTERS/Dado Ruvic/Illustration/File Photo By Steve Scherer and Fergal Smith OTTAWA/TORONTO (Reuters) – China’s rapid reopening is likely to fuel demand for commodities produced in abundance by Canada, potentially helping Canada’s economy avoid a recession as long as it…
© Reuters. FILE PHOTO: A general view of Cobre Panama mine owned by Canada’s First Quantum Minerals in Donoso, Panama December 6, 2022. REUTERS/Aris Martinez/File Photo (Reuters) -First Quantum Minerals Ltd said on Monday it has suspended loading operations at a major port in Panama, blocking the Canadian company’s path to export from the Cobre…
au.investing.com/analysis/february-global-macro-outlook-3-things-you-need-to-know-200547841 February Global Macro Outlook: 3 Things You Need to Know By Kathy Lien | 19 minutes ago (Feb 07, 2023 04:54) In the following video, I explain what I believe to be the 3 most important things to know about the global macro outlook in February.
Movements of the since the Fed’s interest on Feb. 1 indicate that despite the late weekly selling, the index still managed to close last week with a 1.6% gain.Thursday’s bumpy trading pushed the S&P 500 to 4195.49 before it then lost some gains; this was followed by a selling spree again on Friday from the…
More from BOE’s Pill saying:Meanwhile UK CPI inflation is up at 10.5% with core inflation at 6.3%. The next CPI data will be released on February 15th ADVERTISEMENT – CONTINUE READING BELOW Tags ADVERTISEMENT – CONTINUE READING BELOW Most Popular ADVERTISEMENT – CONTINUE READING BELOW ADVERTISEMENT – CONTINUE READING BELOW
BOE Pill is speaking:We are prepared to do more to get inflation back to targetChanging 2% inflation target would not be a great ideaThe GBPUSD has moved to a new recession low and in the process as entered into the swing area between 1.1991 and 1.2010. Dip buyers can lean against the low of the…
EURUSD continues its step lowerThe EURUSD EUR/USD The EUR/USD is the currency pair encompassing the European Union’s single currency, the euro (symbol €, code EUR), and the dollar of the United States (symbol $, code USD). The pair’s rate indicates how many euros are needed in order to purchase one dollar. For example, when the…
Goldman Sachs Goldman Sachs Goldman Sachs is a multinational investment bank and financial services company headquartered in New York City. It was founded in 1869 and is one of the largest and most well-known investment banks in the world.Goldman Sachs has a mixed reputation. On one hand, it is known for its expertise in investment…