USD/JPY recovered above 146.00 after testing a two-week low yesterday around 145.86, BBH FX analysts report. BoJ rate hike odds limited”Japan private sector growth traction held steady in July. The composite PMI printed at 51.5 for as second consecutive month in July. The increase in service sector activity (53.5 in July…
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The US Dollar remains weighed near lows on risk-on markets.Investors are celebrating an imminent trade deal with the E,U which would bring more clarity to the global trade outlook.Later today, US PMIs and Jobless Claims, and Canada’s Retail Sales will provide further fundamental guidance.The US Dollar is ticking higher against the Canadian Dollar on Thursday and has risen above 1.3600, although it remains close to one-year lows at the 1.3540 area, driven by risk-on markets,…
The Trump administration is celebrating what it considers a major policy victory after securing a…
The Pound Sterling faces selling pressure against its peers due to moderate growth in preliminary…
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Every time I broached the topic of going on an international trip with my mom, something would always come up: another commitment, bad timing, or a “let’s talk later.”When I brought it up again last year, she finally said yes, but only if we kept it simple. She suggested we…
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EXCLUSIVE: Sidney Torres isn’t mincing words when it comes to New Orleans Mayor LaToya Cantrell’s latest move to scrap his company’s trash contract in favor of a $2.1 million more expensive, no-bid deal with a firm he alleges “doesn’t even own any garbage trucks.” “She canceled my contract to declare…
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A New York startup that has built an AI agent for handling admin tasks in the construction industry has raised $40 million in funding.Trunk Tools takes unstructured construction industry data — such as documents, drawings, blueprints, and schedules — and turns it into structured datasets to feed into its AI.Construction…
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The Federal Market Open Market Committee expects interest rates to move down in 2025. Fixed income markets see two cuts coming, taking rates to 3.75% to 4% by December as the most likely outcome, down from 4% to 4.25% today. However, for quite some time the labor market has held…
