Markets Steady as Yen Drops, Dollar Sluggish Amid Calm Trading Session Today was a much calmer session in the markets, following last week’s hectic activity. With little on the economic calendar until Thursday, market sentiment seems to have entered a lull. The Japanese yen, however, continued to see significant movement. USD/JPY dropped to 146.10 during […]
Asian Stocks Rally on Hopes of Lower US Rates, Hong Kong Tech Shares Lead Gains Global markets started the week on a cautious note after last week’s strong rally, as investors anticipate a softer landing for the U.S. economy, with growth expected to continue at a 2%-3% pace. U.S. futures showed slight gains, while Japan’s […]
US Stocks Poised for Best Week on Strong Economic Data and Fed Rate Cut Hopes US stocks are on track for their strongest week, bolstered by data showing the resilience of the American economy. Positive readings on inflation, jobless claims, and retail sales have fueled investor optimism for a “Goldilocks” scenario—moderate inflation with strong growth—as […]
US Stocks and Yields Surge as Inflation Cools and Retail Sales Exceed Expectations US benchmark equity indexes and Treasury yields surged on Thursday as investors evaluated the latest economic data and corporate earnings reports. The gains were led by consumer discretionary and technology sectors, while real estate was the only sector to decline. Utilities remained […]
US Futures and European Stocks Edge Higher on Fed Rate Cut Hopes, Cisco and Bavarian Nordic Soar US equity futures and European stocks made slight gains as traders anticipated more economic data that could support Federal Reserve interest-rate cuts. The S&P 500 is poised for a positive open after five consecutive days of gains, driven […]
Markets Eye U.S. Retail Sales and UK GDP as Rate Cut Speculation Intensifies Amid Weaker Dollar This week underscores the market’s intense focus on economic data, with investors closely watching U.S. retail sales and UK GDP figures due on Thursday for clues on the pace of potential rate cuts by the Federal Reserve and Bank […]
US Futures Steady as Markets Await Key Inflation Data; Alphabet Drops on DOJ Concerns US equity futures remained stable ahead of a crucial consumer price report that could influence the Federal Reserve’s decision on whether to start cutting interest rates next month. Alphabet Inc. shares fell 1% in premarket trading following news that the Justice […]
Tech Stocks Surge as Investors Await Key Inflation Report; Starbucks Soars on Leadership Change U.S. stock futures remained steady on Wednesday as investors awaited the much-anticipated July consumer inflation report, hoping to see further evidence that inflation is cooling. On Tuesday, the Dow and S&P 500 saw gains of 1.04% and 1.69%, respectively, while the […]
US Futures Stall Amid Anticipation of Key Inflation Data and Rising Middle East Tensions US equity futures showed little movement as investors awaited crucial US inflation data, which could guide the Federal Reserve’s future policy decisions. Rising tensions in the Middle East, particularly concerns over a potential Iranian attack on Israel, weighed on market sentiment. […]
US Markets Prepare for Key Economic Data Amid Lingering Volatility US equity futures posted small gains as traders braced for a week of critical economic data, particularly the US consumer price index, which will provide insights into the health of the economy and the Federal Reserve’s interest rate outlook. The S&P 500 and Nasdaq 100 […]