Capital One Financial has formally linked its decision to close more than 300 bank accounts associated…
Category: Economy
Macroeconomic analysis of growth, inflation, employment, credit and monetary policy across the major economies. We follow the data releases that shape the rate path and the business cycle, and put each print in the context of the ones before it. The aim is a working picture of the macro regime an investor is allocating into.
OPEC+ Increases Oil Output Quota by 188,000 BPD for
The Organization of the Petroleum Exporting Countries (OPEC) approved an increase in oil production quotas by…
Fed Chair Warsh’s Comments Spark Market Concerns on Rates
Federal Reserve Chair Kevin Warsh's recent comments have raised concerns about his commitment to tackling inflation,…
US and Japan Collaborate to Boost Yen Amid Decline
The US and Japan have initiated a coordinated effort to support the Japanese yen, which has…
Taylor Wimpey Cuts Shareholder Returns Amid Market
Taylor Wimpey PLC announced a reduction in its shareholder returns on Friday, attributing the decision to…
Bank of Japan Keeps Rates Steady, Signals Future Hikes
The Bank of Japan (BOJ) maintained its short-term policy target at 1% during a meeting that…
BP launches sale of North Sea oil and gas business
BP announced on Friday that it has launched a formal process to sell its North Sea…
Gold Prices Dip Amid Strong Dollar and Middle East Tensions
Gold prices fell on Friday, July 31, as profit-taking and a stronger U.S. dollar weighed on…
Yen Surges as Dollar Weakens Amid Speculated Intervention
The Japanese yen surged more than 2% against the U.S. dollar on Thursday, reaching its highest…
Apple Reaches $5 Trillion Market Cap Amid Rising Concerns
Apple Inc. achieved a market capitalization of $5 trillion for the first time on July 28,…