Less than a month after Apple’s Wonderlust event, another tech behemoth – Google.Inc – shall host its Made by Google 2023 event on 4th October (Wednesday), at 2pm (GMT). The event shall be broadcast live on the Google Store website and its official channel. In this event, participants are expected to witness some new Pixel
It’s almost too frightening to contemplate what might be happening in the bond market. If the latest move up in Treasury yields is really about debt, deficits and an oversupply of bonds then god help us because the pain of getting it all back into order will be brutal. That’s not what I think it
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© Reuters. FILE PHOTO: Light is cast on a U.S. one-hundred dollar bill next to a Japanese 10,000 yen note in this picture illustration shot February 28, 2013. REUTERS/Shohei Miyano/Illustration/File Photo By Leika Kihara TOKYO (Reuters) – Japanese authorities are facing renewed pressure to combat a sustained depreciation in the yen, as investors eye prospects
Share: EUR/USD drops to 1.0500, down 0.69%, as rising US Treasury bond yields and expectations of additional Fed tightening weigh heavily on the pair. Contrasting economic outlooks with improving US business activity and decelerating Eurozone factory activity contribute to the Euro’s decline. The EUR/USD is bearish biased, with significant support at 1.0500 and
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USD/JPY News and Analysis BoJ Minutes Discuss Concerns Around Inevitable Policy Change In the early hours of this morning the BoJ minutes were released wherein a discussion about an exit from negative interest rates took place. One board member raised concerns from a risk management point of view with respect to the major policy change,
In a dramatic eleventh-hour move, the US government dodged a potentially catastrophic shutdown. Both the House and Senate reached a last-minute consensus on a short-term funding arrangement, securing its passage just minutes before the critical midnight deadline on Saturday. With a stroke of his pen, President Joe Biden transformed this deal into law, ensuring the
The major US stock indices are mixed in early US trading. The snapshot of the market 5 minutes into the open is showing: Dow Industrial Average -17.14 points or -0.05% at 33490.37 S&P +1.46 points or 0.03% at 4289.50 NASDAQ index +42.80 points or 0.32% at 13262.12 Both the S&P and NASDAQ index had their
