NFL

US dollar struggles as recession worries simmer, bets on slower rate hike

Summarized by: Live Sports Direct
 
US dollar struggles as recession worries simmer, bets on slower rate hike

US dollar struggles as recession worries simmer, bets on slower rate hike. The yuan hovered near an almost three-month high after China revealed a loosening of COVID restrictions. Long-term Treasury yields plunged to analmost three month low overnight. Democrats strengthened their razor-thin majority in the senate after a narrow win for incumbent Raphael Warnock in Georgia.  The Democrats will still be divided after the 2024 presidential elections. This will be the main catalyst for the Fed's decision. It is expected to raise rates by half a point on Dec. 14.

Play Puffer Goes Wild Slot
Recommended Slot Game To Play: Puffer Goes Wild Slot
BetOnline Casino 50% up to $1,000 Signup Bonus
Related
Want lower interest rates? Don’t have a bet this Cup Day

Want lower interest rates? Don’t have a bet this Cup Day

As the nation anticipates the race that stops a nation on Cup Day this Tuesday, another event of significant consequence looms: the Reserve Bank of Australia's potential cash rate increase, fortuitously scheduled for the same day. These - seemingly unrelated - events present us with a critical financial crossroads with billions of dollars at stake.…
Horse Racing
‘Higher for longer’ experts bet the house on a Melbourne Cup rate rise

‘Higher for longer’ experts bet the house on a Melbourne Cup rate rise

Interest rates are set to rise on Melbourne Cup Day and the consensus of experts now leans towards rates staying "higher for longer". In a blow to mortgage holders, one of the nation's biggest banks has issued a grim prediction. "We expect the RBA to increase the cash rate by 25 basis points next week,'' the ANZ warned. The bank's forecast suggests…
Horse Racing
MyBookie
A Philadelphia Phillies World Series Win Could Mean Bad Things for the US Economy

A Philadelphia Phillies World Series Win Could Mean Bad Things for the US Economy

Cheering for the Philadelphia Phillies as the team approaches a possible World Series bid is a bit like rooting for a recession. The Phillies' odds of winning the World Series are slim, but not out of reach - especially after sweeping the Florida Marlins with a 7-1 win in Game 2 of their wild-card series Wednesday night, advancing to the National…
MLB
Rate hike pressure mounts on Bank of England with inflation stuck over 10%

Rate hike pressure mounts on Bank of England with inflation stuck over 10%

Consumer Price Inflation rose to 10.4% in February, up from 10.1% in January, and far higher than City economists had been forecasting. That makes it likely that the Bank will put rates up from 4% to 4.25% when its Monetary Policy Committee, chaired by Governor Andrew Bailey, votes at 12pm on Thursday. Following recent banking collapses and the…
NBA: Atlanta Hawks
BetOnline Casino

50% up to $1,000 Signup Bonus

Get the latest betting odds & lines for NFL Futures at BetOnline Sportsbook for betting on your favorite sport and snag a huge sign-up bonus.
Condo king of Miami Jorge Perez bets big on Fisher Island

Condo king of Miami Jorge Perez bets big on Fisher Island

Just off the coast of Miami Beach, on ultra-exclusive Fisher Island, there is one crane on one construction site. It is the last plot of land available for development and an unlikely bet on luxury real estate at a time when the housing market appears to be in freefall. Jorge Perez, also known as "the condo king of Miami," and his Related Group are…
Golf
The 11 best stocks to own for 2023

The 11 best stocks to own for 2023

Bank of America analysts recently outlined 11 key stock picks that investors should consider in the new year. "Given our house view that 2023 could be a tale of two halves-a recession and a recovery-stocks may fare differently in these two periods," the analyst team led by equity strategist Savita Subramanian wrote. Investment analysts agree that…
NFL
RELATED LOCATION
Country
USA
Country
Australia
Country
China
Could Online Sports Betting Stocks Get a Bump in 2023?

Could Online Sports Betting Stocks Get a Bump in 2023?

Assuming that the U.S. economy manages to avert a recession in 2023, Wall Street analysts are projecting sizeable gains in U.S. sportsbook share prices. Are operators of online sports betting sites due for a rebound in their stock prices in 2023? With the S&P 500 headed for its worst year since 2008 - down by more than 20% for 2022 as of Wednesday…
NFL
TRON Betting: Light Cycles Ahead Of The Competition?

TRON Betting: Light Cycles Ahead Of The Competition?

That is, cryptocurrency betting is kind of all the same. Kind of. So when we tell you that BetOnline Sportsbook and SportsBetting AG both now support TRON sports betting deposits and payouts, the news isn't that… new. After all, when using cryptocurrency to bet sports online, the differences aren't really in the deposit processes or the withdrawal…
NHL
ASX LIVE: ASX to fall; Perpetual rejects Regal, Barings takeover bid

ASX LIVE: ASX to fall; Perpetual rejects Regal, Barings takeover bid

One of the big talking points in the bond market over the past few days has been the glaring disconnect between big and small buyers in the market for Australian bank bonds. Last week, Commonwealth Bank managed to place $1.77 billion of ASX-listed tier one hybrid securities paying a margin of 2.85 percentage points over the bank rate. That's the…
Horse Racing
RELATED CATEGORIES
Category Icon
Category
NFL
GAN Limited Will Recover But The Market Needs To Change Mood

GAN Limited Will Recover But The Market Needs To Change Mood

With inflation likely to remain far from the 2% target, central banks in the Americas and Europe appear poised to continue raising the cost of money aggressively to send recession signals to consumers. They are therefore being urged to tighten their consumption restraints as energy costs - the main component of the current runaway inflation - are…
Football
Jarden Brief: Exercise bike maker Peloton slashes jobs, gets boost on market

Jarden Brief: Exercise bike maker Peloton slashes jobs, gets boost on market

Keeping you up to date with the latest market moves, in association with Investment firm Jarden International US US markets were mostly flat overnight, with the Nasdaq unchanged and the S&P 500 slidingdown 0.4 per cent after more hawkish commentary from US Federal Reserve officials saying they were "quite a way away" from pausing rate hikes. Only…
Rugby
ASX sinks to three-month low, Wall Street sell-off deepens on 'global recession' risk

ASX sinks to three-month low, Wall Street sell-off deepens on 'global recession' risk

Australian shares have dropped to their lowest level in three months, as surging borrowing costs intensified fears of a global recession - spooking investors into the arms of the safe-haven US dollar and punishing currencies across the region. The ASX 200 has lost 12.7 per cent since the year began Overnight, the Dow Jones index fell 0.4 per cent,…
Rugby
Microsoft Stock Is Poised For A Big Break Lower (NASDAQ:MSFT)

Microsoft Stock Is Poised For A Big Break Lower (NASDAQ:MSFT)

The bearish bets are starting to pile up on Microsoft (NASDAQ: MSFT). The shares have struggled in 2022, having fallen around 30%. Still, that isn't to say the shares couldn't fall further because, despite the steep decline, the shares are still expensive compared to the 10-Yr real rate. Interestingly, for much of 2021 and the first half of 2022,…
Golf: Open Championship
Powell Needs To Posit Patience

Powell Needs To Posit Patience

Stocks suffered one of their worst weekly performances since June, following a Consumer Price Index report that raised doubts for the consensus about whether the rate of inflation has peaked. A better-than-expected report for producer prices did nothing to assuage this concern. As a result, 2-year Treasury yields rose to a new high on the year of…
NFL: Chicago Bears
FTSE 100 remains lower, Putin issues threat to the West By Proactive Investors

FTSE 100 remains lower, Putin issues threat to the West By Proactive Investors

Vladimir Putin has threatened to cut off energy supplies to the west if price caps are imposed on Russian oil and gas exports, saying that the west would be "frozen" like a wolf's tail in a famous Russian fairy tale, according to a report on Reuters. Speaking at an economics forum in the Pacific city of Vladivostok the Russian president said…
Cycling
FTSE 100 down but off session lows, Truss rules out a windfall tax on energy companies

FTSE 100 down but off session lows, Truss rules out a windfall tax on energy companies

Prime Minister Liz Truss has once again ruled out introducing a windfall tax to deal with the energy price crisis. She said it would defer companies from making further investment in the UK. The comments came at her first Prime Minister's Questions in the House of Commons and helped send shares in Centrica PLC (LSE:CNA) up 3.1% and SSE PLC…
Cycling
FTSE 100 down but off session lows, BoE Governor says recession the most likely outcome

FTSE 100 down but off session lows, BoE Governor says recession the most likely outcome

Andrew Bailey, the Governor of the Bank of England, has said a recession is the "most likely outcome" for the UK economy. Speaking to the Treasury Select Committee Bailey said "The recession, I hope it doesn't happen, but obviously we have forecast it because we think it is sadly the most likely outcome." "Of course it is overwhelmingly caused by…
Cycling
FTSE 100 falls heavily, commodity prices fall, UK house prices rise in August

FTSE 100 falls heavily, commodity prices fall, UK house prices rise in August

Despite a "robust" rise in house price values in August reported by The Halifax analysts expect the UK housing market to come under pressure in the coming months. The EY ITEM Club said a "slowdown in price rises seems very likely." But it said support to households from a likely cap on energy bills left it more confident that a substantial…
Cycling
Can Truss Make the Shorts Look Silly? Just Maybe

Can Truss Make the Shorts Look Silly? Just Maybe

Greetings from the UK, where Liz Truss is now prime minister. The cabinet will be composed largely of her closest allies. For a sign that the country is definitely changing, note that for the first time ever, none of the top four positions - prime minister, home secretary, foreign secretary and chancellor of the exchequer - will be held by a white…
NFL
7 Best Commodity Stocks to Buy on the Dip

7 Best Commodity Stocks to Buy on the Dip

Federal Reserve Chair Jerome Powell was a bit of a party pooper last week when he told the world to expect "some pain" as the central bank attempts to tackle inflation. Stocks sold off sharply following his remarks at the annual economic symposium at Jackson Hole, Wyo., and have continued to struggle since. Astute investors, though, can use this as…
Horse Racing
  • 18 plus
  • eCogra
  • Trusted Site
  • Game Care