Fed speakers on Wednesday will opine on policy after CPI data Like they need an excuse forexlive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forexlive.com Daily Mail and Mail on Sunday newspapers.
in fact, the u.s. ten year move was the fourth biggest in the last five years. today investors will be keeping a close eye in developments around taiwan and get more commentary from more fed speakers. so those are two big points to watch today. we certainly will keep our eyes out for those. also this, the second quarter earning season continues to roll on. companies including starbucks, uber and caterpillar reported their results yesterday. give us a quick sense of those and what else we can look for today. these were really interesting ones. starbucks beat estimates. they are seeing very strong u.s. demand for cold drinks. interestingly also starbucks said that u.s. consumers are not trading down, which is a big question as we prepare for a higher interest rate environment. they re also not reducing their spend on coffee despite inflation. uber meanwhile, also delivered upbeat set of results. the company did report a quarterly loss, but the revenue line came in better than expecte