Australian Dollar slips as US Dollar advances despite Fed rate cut bets rise
- The Australian Dollar may regain ground as the likelihood grows for a Fed rate cut in September.
- The Reserve Bank of Australia is expected to resume easing with a larger 50 basis-point rate cut in November.
- The CME FedWatch Tool indicates an 87% chance of a 25 basis-point rate cut in the next meeting.
» Read more about: Australian Dollar slips as US Dollar advances despite Fed rate cut bets rise »
Read MoreLabour market wobble will push Federal Reserve to cut in September
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» Read more about: Labour market wobble will push Federal Reserve to cut in September »
Read More“Don’t really care”: Matheus Cunha fires bullish response to critics of his character
Manchester United star Matheus Cunha has hit back strongly at suggestions that he has a fiery temper that could disadvantage the team.
Cunha enjoying superb start to life at United
Cunha joined United earlier in the summer from Wolverhampton Wanderers in a deal worth £62.5m. There was plenty of interest in him but he made it very clear that he was only keen on a move to Old Trafford.
Read MoreCan Tesla’s Chinese AI Gamble Reverse Its Sales Slump?
Investing
- Tesla’s (TSLA) sales in China fell 11.7% in Q2, while Chinese EV makers like BYD and Geely saw growth.
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Read More7 Large Cap Dividend Stocks Powering the AI-Data Center Revolution
Investing
Many of our readers are looking for avenues to take advantage of the AI revolution,
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Read MoreThe Burst
Will NVIDIA Be Knocked Off Its Perch By Quantum?
Earlier this month, NVIDIA CEO Jensen Huang seemingly dashed the hopes of speculative tech investors banking on quantum computing to become the next big thing in the ever-advancing race for faster and faster computer processing. Huang, speaking at the Consumer Electronics Show, stated his view that practical quantum computers were still about two decades away,
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Read MoreThe Ivy
This Airline Just Made a Huge Change, Will It Pay Off for Investors?
Southwest Airlines (NYSE:LUV) is one of America’s major air transportation companies. Recently, under pressure to deliver improved value for shareholders and renewed growth, the company announced a slate of changes that could, if successful, increase both its top and bottom lines in the years to come.
Today, let’s take a look at Southwest Airlines to see if LUV is a buy,
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Read MoreThe Spotlight
Why This Doctor Invests In Tesla Weekly?
I met a doctor recently who has been buying up as much Tesla as he can get his hands on. Remarkably he told me that he buys shares of Tesla every single week, accumulating as big a position as he possibly can.
In light of Tesla shares falling this past week after Musk made some almost outlandish predictions –
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