Author: FX
Richmond Federal Reserve (Fed) President Tom Barkin said on Friday that it remains uncertain whether the current level of interest rates is sufficiently restrictive to bring inflation back to the Fed’s 2% target, according to an interview with The Wall Street Journal.Barkin also said he was unsure whether he would have joined the three Fed committee members who dissented in favor of a 25 basis-point rate increase at this week’s policy meeting. His comments come after the Fed left interest rates unchanged, while Governors Lorie Logan, Beth Hammack and Neel Kashkari favored an immediate hike.Key quotesIt’s a close call whether…
Earnings Call Insights: Federal Realty Investment Trust (FRT) Q2 2026 Management view “Strong quarter, $1.88 a share, 7% year-over-year growth, 96% occupancy, record leasing volume, 59th year of consecutive dividend raises, another beat and raise, all validating the optimism for the rest of the year and next.” (CEO, President & Director Donald Wood)Seeking Alpha’s Disclaimer: This article was automatically generated by an AI tool based on content available on the Seeking Alpha website, and has not been curated or reviewed by humans. Due to inherent limitations in using AI-based tools, the accuracy, completeness, or timeliness of such articles cannot be…
The U.S. rig count was little changed this week, with the total number of active rigs rising by 1 to 588. Oil rigs increased by 1, while natural gas and miscellaneous rigs were unchanged. Compared with a year ago, the total rig count is 48 rigs higher, led by a **41-rig increase in oil drilling.CategoryThis WeekChange vs. Last WeekLast WeekChange vs. Year AgoYear AgoGas1270127+3124Oil451+1450+41410Miscellaneous10010+46Total588+1587+48540Key takeaways: Total U.S. rig count: 588 (+1 vs. last week; +48 vs. a year ago) Oil rigs: 451 (+1 w/w; +41 y/y) Gas rigs: 127 (unchanged w/w; +3 y/y) Miscellaneous rigs: 10 (unchanged w/w; +4 y/y)…
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions. Advisory warning: investingLive is not an investment advisor, investingLive provides references and…
The EURUSD has been on its own rollercoaster ride today, plunging sharply lower before staging an equally impressive rebound during the North American session.The initial selloff pushed the pair back below a key swing area between 1.1471 and 1.1482, a former resistance zone that had capped rallies since mid-June. That break triggered additional downside momentum, sending the pair to a session low of 1.1456.The move lower, however, quickly unraveled.Buyers stepped back in, driving the price back above the 1.1471–1.1482 zone and turning what looked like a bearish breakout into a failed break—a development that often forces sellers to cover and…
European equities finished the week with a generally positive tone, although gains were modest across most major benchmarks. Investor sentiment remained supported despite ongoing uncertainty surrounding central bank policy, global growth, and trade developments. Most of the major indices are near all-time record levels. FTSE MIB (Italy): +0.13% to 52,172.54 Italy outperformed most of the region, extending its recent leadership as financials continued to provide support. IBEX 35 (Spain): +0.13% to 19,782.89 Spanish equities posted a steady advance, keeping the broader uptrend intact. IBC (Belgium): +0.13% to 19,782.90 Belgian shares also edged higher, matching gains seen in Spain. DAX (Germany):…
AUDUSD retraces some of the gains seen yesterday. What next for traders? !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz Source link
The Bank of Japan held rates at 1% in July 2026, but overnight yen intervention and hawkish comments point to a hike as soon as September. Source link
EUR/USD is pressing into a key technical zone as shifting rate expectations and mixed momentum set up an eventful week ahead. Source link
Fed’s Logan: Favors a rate hike as inflation is not on a sustainable course !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz Source link