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Brown Brothers Harriman’s (BBH) Elias Haddad notes the Dollar Index has retreated from its post-October CPI highs, with the USD rally seen as stretched versus rate differentials. He highlights that stagnant US real wages may cap expectations for a 50bps Fed hike in December.
We haven't written up this one. FXStreet has the full story — the link below goes straight to it.
Nvidia boss Jensen Huang could be ousted from the chip giant he founded over three decades ago after reports emerged of a second extramarital affair, threatening to bring an end to one of the tech sector’s most influential careers and sending a chill through global markets. The firm’s board is reportedly preparing to remove its [...]
Zidar and Zwick have a good post on the political power of billionaires versus the power of many millionaires, based on their excellent book The Everywhere Millionaire. First, they point out that despite the attention given to (some days) trillionaires and billionaires, the combined wealth of the Everywhere Millionaires, the dentists, the…
CK Hutchison Holdings, the major business vehicle of the family of billionaire Li Ka-shing, denied the reported suspension of a listing plan for its retail business amid cooling enthusiasm for initial…
After a federal regulator allowed wagering on stocks and cryptocurrencies, two powerful trading clearinghouses filed lawsuits saying traders would not be properly protected.
Coinbase’s EU policy chief says applying suitability tests beyond crypto lending and borrowing could limit access and fragment liquidity.
