The prospects that artificial intelligence will disrupt business sectors should keep the U.S. stock market on edge in the coming week, as Wall Street looks for more insight into how the emerging technology will reverberate through the economy. The monthly US jobs report is the key economic data due next week, while major semiconductor player […]
After a strong rally in January, many commodities have cooled, moving sideways or falling slightly. This has raised an important question for traders: is the recent pullback the start of a deeper correction, or is it just a healthy pause before prices rise again?Right now, the macro environment is mixed and signals are being sent […]
Kevin Warsh, who is eyeing to become the next chairman of the Federal Reserve, may want to significantly shrink the central bank’s multibillion-dollar balance sheet, but experts agree that financial reality strongly suggests that achieving this goal will be difficult and slow, if at all.That’s because the Fed’s assets and the regime designed to manage […]
The dollar held on to its gains on Monday as investors weighed what a Federal Reserve under Kevin Warsh might look like, with his preference for a smaller balance sheet. The yen was also back on traders’ radar after Japanese Prime Minister Sanae Takaichi discussed the benefits of a weaker yen in a campaign speech […]