A Bad Day for Tech Stocks
Underwhelming results from Tesla and Alphabet painted the equity markets in the red yesterday. The […]
US GDP and PCE Inflation Up Next Before July FOMC
Fed to get final clues on growth and inflation before July meeting But with traders […]
The Weekly Bottom Line: Nearing the Pivot Point
U.S. Highlights After an eerily calm few months, a fresh dose of volatility descended across […]
Week Ahead – Flash PMIs, US GDP and BoC Decision on Tap
US data awaited amid overly dovish Fed rate cut bets July PMIs to reveal how […]
Stagflation from Higher Tariffs: 1970s Redux?
Summary President Biden recently hiked tariffs on $18 billion worth of imports from China, and […]
Fed’s Waller suggests rate cuts may be nearing
In a speech today, Fed Governor Christopher Waller stated that Fed is “getting closer” to […]
Fed’s Williams sees positive signs in inflation trend, awaiting more data
New York Fed President John Williams, in an interview with the Wall Street Journal, indicated […]
A Speech by Fed Waller is a Wildcard
Markets Consensus-beating June US retail sales only temporary interfered with reigning market momentum. Core retail […]
Cable Jumps as UK CPI Shows Stagnation
The S&P500 hit a fresh record this year for the 38th time on Tuesday, banks […]
IMF’s Gourinchas suggests Fed can wait before cutting rates
IMF chief economist Pierre-Olivier Gourinchas stated in a Reuters interview that Fed can afford to […]
Fed’s Daly advocates for patience as “we’re not there yet”
San Francisco Fed President Mary Daly commented at an event overnight, emphasizing that the US […]