Tag: year

China’s yuan, in trade-weighted terms, has fallen to a one year low

China's yuan TWI has hit its lowest since October 15 2021 (info via a Reuters calculation on its value). The China Foreign Exchange Trade System (CFETS, a unit of the PBOC) manages the...

US treasury is auction off $43 billion of a 5 year notes at the top of the hour

The US treasury will auction off $43 billion of a 5 year notes at the top of the hour. The auction comes after yesterdays tepid response for the 2 year auction especially from...

Australian Treasurer Chalmers says expects inflation to peak at the end of the year

Australian Treasurer Chalmers in response to today's higher than expected inflation data:Chalmers says he expects inflation to peak around the same level (as shown in the data today) at the end of...

Trading IBM Stock After Full Year Guidance Lift

IBM was once the darling of the tech sector...

BOJ’s Kuroda: CPI growth likely to fall below 2% target in the next fiscal year

Will continue to put all effort into achieving price targetIt is extremely unfavourable that Japan's inflation oustrips wage growthThe headline remark suggests that we are not likely to see a BOJ pivot of...

Instacart is pulling its plans to go public in 2022; the company confidentially filed for an IPO earlier this year (Dan Primack/Axios)

Dan Primack / Axios: Instacart is pulling its plans to go public in 2022; the company confidentially filed for an IPO earlier this year  —  Grocery delivery app Instacart has decided to push...

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