Magnificent Seven

Magnificent Seven By Jane Foley, Senior FX strategist at Rabobank Since the release of the softer than expected June US CPI inflation report on July 12, the market has been increasingly hopeful that the narrative of a soft landing for the US economy will stick. Oil prices recorded a strong month in July as expectations


San Francisco dismantles Musk’s new sign

The Democrat-run City of San Francisco wasted little time showing billionaire Elon Musk who’s in charge after the Twitter boss had a new, brightly-lit “X” sign erected above its headquarters to tout the company’s new X logo. The city charged that the sign violated permit orders after local residents — see liberals — complained that