U.S. retailers' earnings will give a glimpse into how consumers are dealing with sky-high inflation, and a raft of data offer a check-up on the health of the UK economy.Power problems will continue to plague Europe, while the central bank spotlight falls on New Zealand.Here's your week-ahead in markets from [...]
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Latest U.S. inflation numbers are in markets' sight, especially since Federal Reserve policymakers have come out in force to correct any misconception about their determination to slay decadeshigh inflation with big rate hikes. The fallout from Nancy Pelosi's high-profile visit to Taiwan will be watched closely, as will Chinese and UK data while [...]
Why pay premium prices for wine at popular spots like Tuscany, Italy when you can get excellent quality wine for great value somewhere else? PHOTO CREDIT: STEFAN ROTTER / SHUTTERSTOCK.COM There are so many wine-growing regions around the world that it’s hard to keep track of them all. [...]
Britain and Australia may opt for 50 basis-point rate hikes in coming days, given the high risk that markets will punish any central bank that hesitates to crack down on multi-decade high inflation.But policymakers must also contend with cooling economies, with U.S. post-COVID job creation possibly topping out and a [...]
The best river cruises blend refined onboard accommodations with exciting itineraries along some of the world’s most memorable waterways. PHOTO: COURTESY OF VIKING After pandemic-related challenges at the beginning of last year, river ships got back to what they do best: exploring inland waterways in Europe, the [...]
A likely second straight 75 basis point rate hike from the U.S. Federal Reserve will keep markets on their toes in the week ahead, just as investors digest a wave of earnings from corporate America and Europe.The prospect of early elections in Italy after the collapse of the government means [...]
The private Scotch sale was at least eight-times pricier than the existing auction record. CREDIT: COURTESY OF ARDBERG The global economy as a whole may be struggling, but the red-hot rare whiskey market hasn't seemed to care. Granted, the record for most expensive single bottle of whisky [...]
The European Central Bank is late to the rate-hike party but at least it's on its way, unlike the Bank of Japan. But both banks will find their plans for tackling the inflation versus growth dilemma confronting the world's central banking elite examined closely. The news elsewhere could make [...]
The dollar's 12% year-to-date rise has raised global concern, and will surely be debated when G20 policymakers meet on July 15-16. All the more so, if it vaults to parity against the euro for the first time in 20 years. British politics, Chinese lockdowns, U.S. banks' results and central bank hawks [...]
Porto is a beautiful, historic Portuguese riverside city and a new wine themed attraction makes it an even more compelling weekend destination for Brits Porto old town skyline from across the Douro River Image: Getty Images/iStockphoto We were promised a WOW moment with a glass in hand... [...]