News

AUD/USD is steady above 0.6600 after Australia’s August labor market report showed unexpected job losses and a sharp drop in full-time employment, raising doubts about the RBA’s ability to maintain a gradual easing pace, BBH FX analysts report.

The Euro (EUR) is entering Thursday’s NA session with a modest 0.2% gain against the US Dollar (USD) following a bullish reversal of its early European session losses, Scotiabank’s Chief FX Strategists Shaun Osborne and Eric Theoret report.

EUR/USD pared previous losses on Thursday’s early European session but failed to find acceptance above 1.1850The pair has eased to 1.1820, as investors turn their focus from the Federal Reserve’s (Fed) monetary policy decision to US Jobless Claims and Manufacturing figures, due later on the US sessi

The New Zealand Dollar (NZD) underperformed after Q2 GDP contracted by -0.9% q/q, a far steeper decline than expected, fueling RBNZ rate cut bets ahead of the October 8 meeting, BBH FX analysts report.

AI has changed the competitive landscape in search, with OpenAI, Perplexity and Anthropic all diving into the space.

So, what will define the market in the final quarter of the year?

Property tax bills can differ by thousands of dollars depending on where you live—here’s how they stack up in all 50 states.

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David Kostin has been a regular in financial media for many years (I’ve been writing about him for more than a decade) but he’s decided to retire. The Goldman Sachs Chief US Equity Strategist last made major headlines around this time last year when he predicted 3% annualized returns in the S&P 500 for the coming decade, or just 1% in real terms.

That call hasn’t gotten off to a good start with the S&P 500 up nearly 13% this year. But who is to say if he’s wrong, he could just be early. The 13% annualized returns over the past decade will be much tougher to repeat with high valuations and de-globalization.

Goldman Sachs has appointed Ben Snider as new Chief US Equity Strategist.

This article was written by Adam Button at investinglive.com.

Data from Freddie Mac:

• 6.26% rate for the Sept 18 week
• was 6.35% in the prior week
• This is the lowest since Oct 2024

This article was written by Adam Button at investinglive.com.