The New Zealand dollar has recorded marginal gains on Thursday. NZD/USD is trading at 0.5998 in the North American session, up 0.05%. On Wednesday, the New Zealand dollar shot up as much as 1.2% before retracting and closing with a 0.70% gain. Two-year inflation expectations is closely monitored by the Reserve Bank of New Zealand…
By Hannah Lang and Amanda Cooper NEW YORK/LONDON (Reuters) -The yen fell against the dollar on Thursday after new U.S. labor market data showed that unemployment benefits fell more than expected last week, easing fears of an imminent recession. The yen’s slide follows a sharp drop the day before in a volatile week in which…
SENSEX completed its 45 Day cycle from 04 June and price continue to trade within the Monday’s Range, Weekly Chart is forming DOJI and tommrow price will try to close in range of 78600-78700. Due to “Bayer Rule 2: Trend goes down within 3 days when the speed difference between Mars and Mercury is 59…
Apple (NASDAQ: AAPL) has introduced its suite of artificial intelligence (AI) products, rolling out a beta version to registered developers. The beta version of the AI features appears to be centered around Siri, the voice assistant, with early users confirming an improvement in its functionalities. Siri comes equipped with advanced capabilities, including generating emails and…
Source: Investor Presentation of Adani Green Energy Ltd Source link
Part I: A New Toolkit to Predict Soft-Landings, Stagflation and Recessions Summary In this first part of a series of reports, we introduce a new toolkit to predict the probability of soft-landing, stagflation and recessionary episodes. Bernanke (2024) reviewed the Bank of England’s forecasting process for monetary policymaking, concentrating on the Bank’s forecasting and decision-making…
Franklin Templeton, a $1.66 trillion asset manager, has announced the launch of its money market fund on Arbitrum. The Wall Street giant said in a press release that the Franklin OnChain U.S. Government Money Fund FOBXX is now available to investors on Arbitrum (ARB), an Ethereum (ETH) Layer 2 blockchain. With this launch, FOBXX expanded…
by Calculated Risk on 8/08/2024 10:53:00 AM Today, in the Calculated Risk Real Estate Newsletter: Atlanta Fed: Home Ownership Affordability Monitor A brief excerpt: Here is another measure of affordability that readers might find useful from the Atlanta Fed: Home Ownership Affordability Monitor Here is a graph of affordability (higher is more affordable), and of…
As widely expected, the RBI decided to keep the Indian policy rate unchanged as part of its efforts to prevent cost-of-living inflation. The Governor of the Reserve Bank of India, Shaktikanta Das, announced that the policy repo rate would remain at 6.50%. This decision aligns with the RBI’s ongoing strategy to gradually tighten monetary conditions…
USDThe US dollar was fairly flat during yesterday’s trading session as the summer holiday period is in full swing. The US dollar Index (DXY), which measures the value of the dollar against six other major currencies, retraced its recent gains from the previous two sessions, trading around 103.00 during the Asian session on Thursday. Markets…