Watch It! US CPI Will Decide The Upcoming Fed’s Policy (Clone)
Traders will keep a close eye on the release of the consumer price index this week, a pivotal measure of inflation. Additionally, significant economic indicators are anticipated later in the week,...
Stocks Pick of The Week - Gains In US Stocks May Continue After S&P 500 Touched Key 5000 Level
The beginning of 2024 has witnessed a remarkable surge in equities, propelled by robust earnings reports and encouraging economic data. The S&P 500 index, a key benchmark for the U.S. stock market,...
Dollar To Be Favoured as Fed’s Powell Dismissed Idea Of Rate Cut In March
The recent surge in stock markets faced a temporary setback as Federal Reserve Chair Jerome Powell dismissed the notion of a rate cut in March. In a subsequent interview on "60 Minutes," Powell shed...
Stocks Pick of The Week - Investors May Look For AI Opportunities After Fed Dismissed Near-Term Rate Cut
Wall Street is coming off a poor session after the Fed’s meeting. The Dow Jones Industrial Average fell 317 points, or 0.8%, posting its worst day since December. The S&P 500 slid 1.6% in its worst...
What to Watch For in Upcoming Fed Meeting
The current state of inflation has reached a level where Fed policymakers are contemplating the possibility of reducing interest rates. However, the timing of such a decision is likely to hinge on...
Stocks Pick of The Week - Macro Condition Is Positive, But Some Tech Stocks Are Just Too Expensive
The robust growth of the U.S. economy in the fourth quarter, exceeding expectations with a 3.3% expansion compared to the anticipated 2%, highlights a noteworthy resilience despite ongoing interest...
Indicators to Watch: Will the Fed Signal Rate Cuts in March?
Market sentiment shows reduced confidence in the Federal Reserve's intention to carry out interest rate reductions, a crucial factor impacting both the economy and stock market direction.The...
Stocks Pick of The Week - Fundamental Growth More Important Than Fed Policy Now?
The 10-year Treasury yield has demonstrated its resilience following positive employment data, highlighting the ongoing robustness of the labour market. Still, the stock market looks stabilised for...
Global Economic Headwinds: Navigating the Slowdown in 2024
As we step into the new year, the global economic landscape is shrouded in uncertainty, with indicators pointing towards a palpable slowdown.
Stocks Pick of The Week - US CPI Challenges Fed’s Rate Cut Outlook, What You Should Buy And Sell
The Consumer Price Index report for December has exceeded expectations, reflecting a 0.3% increase in consumer prices for the month, pushing the annual rate to 3.4%. This outpaced economists'...
Focus on US CPI Data Amid Market Uncertainties
Investors are treading cautiously into the new week, confronting challenges as the stock market contends with the early-year landscape. The looming presence of pivotal inflation data and substantial...
Inflation Report Fuels Speculation of Earlier Fed Cuts, Equities Display Signs of Fatigue
Recent indicators reveal a marginal increase in the gauge employed by the Federal Reserve to measure inflation in November, bringing it closer to the central bank's target. The core Personal...
Stocks Pick of The Week - Be Mindful of Potential Sell-Off As Market Is Too Expensive Now
Wall Street is anticipating a "Santa Claus Rally" during the final trading days of the year and the first two days of the new year. Historically, the S&P 500 has shown an average gain of 1.3% since...
Market Bull Run May Pause as Fed’s Powell May Make a Big Mistake (Clone)
The prevailing market optimism surrounding potential interest rate cuts in the upcoming year has reached a level that warrants caution.
Stocks Pick of The Week - Tech Stocks Surge as Fed Signals Three Rate Cuts in 2024
Investor confidence is on the rise as prospects of additional rate cuts in 2024 emerge, propelling equity indices to record highs and causing Treasury yields to dip.
FOMC Meeting Looms Large Following Strong NFP Performance
The recent employment report, surpassing expectations, showcased a resilient economy with a seasonal addition of 199,000 jobs in the past month. This boost, partly attributed to the resolution of...
Stocks Pick of The Week - Survey Shows Stock Sentiment Weakening, But AI Race Could Be The Opportunity
Investors have been focused on jobs data as initial jobless claims reported on Thursday were 220,000 while continuing claims came in at 1.861 million.
Gold Prices Surpass $2,100, Signaling Prolonged Upside in 2024
The recent surge in gold prices, reaching an impressive $2,100 per ounce on Monday for the second consecutive day, has become a focal point for investors, hinting at a potential trend that might...
Stocks Pick of The Week - Stock Momentum Persists Amid Overwhelming Expectations for Fed Rate Cut
Investors remain optimistic that the Fed has wrapped up its rate-hiking regime and that the economy is on track for a soft landing.
