7+ hour, 42+ min ago   (166+ words) These latest comments were on Fox Business. I wonder if tomorrow's jobs benchmark revisions -- if higher -- will push some Fed members towards tightening. Marvell beats forecasts with record revenue, but shares slip as growth outlook underwhelms. Air New Zealand posts…...

12+ hour, 53+ min ago   (324+ words) Kansas City Fed President Jeffrey Schmid maintained his hawkish stance arguing that current interest rates are not restraining economic activity and reiterating Fed's goal of returning inflation to the 2% target. He also noted that it's unclear what interest rate setting…...

1+ day, 2+ hour ago   (247+ words) UBS says de-dollarization is a trend to build around, not trade around, with gold as the biggest beneficiary. UBS says investor attention on the long-running shift away from the US dollar has intensified recently, as renewed concerns about the US…...

1+ day, 12+ hour ago   (133+ words) Core PCE (excluding food & energy): Consumer spending and income for July: As for the numbers, they ran a touch hot on the headline but there are no big surprises here. US economy grew at a sluggish 1.5% in Q2, matching earlier estimates…...

1+ day, 12+ hour ago   (271+ words) Overall, the report shows slower headline GDP growth but stronger consumer demand, income growth and corporate profits. The less favorable side of the report was the renewed inflation pressure and the drag from government spending and net trade. A closer…...

1+ day, 19+ hour ago   (320+ words) ECB Executive Board member Isabel Schnabel reiterated the need to act early to prevent inflation from becoming entrenched, warning that second-round effects remain a key risk as price pressures persist across the Eurozone. She noted that inflation is likely to…...

1+ day, 23+ hour ago   (192+ words) The PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference rate. More here on this. BlackRock's Bitcoin ETF pulls in $1.8B weekly, surpassing $5B in spot conversions as investors shift from self-custody. Gold held steady on Wednesday after touching…...

1+ day, 23+ hour ago   (237+ words) This wasn't a petrol price blip, the breadth of the beat is what should worry the RBA. The scale and breadth of the beat marks a clear departure from the disinflation narrative that had been building into today's release, when…...

2+ day, 4+ min ago   (201+ words) The Fed's preferred inflation gauge is expected to confirm progress is real but slow, leaving Warsh's Friday speech to decide what that means for rates. The Bureau of Economic Analysis releases its Personal Income and Outlays report for July today,…...

2+ day, 35+ min ago   (273+ words) --- Japanese firms are passing on rising costs faster than expected, and the BOJ's hand looks increasingly forced. The acceleration reinforces the Bank of Japan's existing view that a tight domestic labour market is pushing firms to pass on rising costs…...