The recent surge in stock prices has captured attention, driven by several factors, including the easing of regional banks' crisis, expectations of the Federal Reserve pausing its rate hike, a robust...
The US stock market has been a turbulent landscape recently, as investors grapple with mounting concerns over inflation, sluggish economic growth, and the trajectory of interest rates. Despite this...
The resolution of the US government's debt ceiling negotiations has brought a collective sigh of relief to global markets. The news of the agreement has sparked a rebound in the stock market, with...
Negotiations on the US debt ceiling are set to continue Monday, with federal leaders working towards a resolution as the risk of a potential default looms. President Joe Biden and House Speaker Kevin...
Last week, Wall Street was sparked by concern after the University of Michigan released a preliminary reading showing a six-month low in consumer sentiment.
Investor attention this week turns to April’s consumer price index out Wednesday, followed by the producer price index on Thursday. Financial markets are hoping that it continues to remain subdued....
Wall Street is gearing up for the Federal Reserve's policy-setting committee meeting this week, with a decision on whether to raise the benchmark Fed funds rate expected to be released on Wednesday.
Corporate earnings got off to a positive start, as banking giants Wells Fargo and JPMorgan Chase beat expectations. Still, discouraging retail sales data showing a slowdown in consumer spending by 1%...
The recent weakening of the labour market data has contributed to market volatility. However, the robust March jobs report, which reflected a growing economy and moderate inflation, provided some...
Even with the apparent rescue of Credit Suisse, markets face a nervous few days waiting for what the Fed makes of all this. Stocks market is facing another test. A risk-off sentiment with another...
US regulators have implemented a plan to protect depositors of Silicon Valley Bank and Signature Bank in New York, which were on the brink of collapse due to systemic contagion fears. The move is...
This week, investors are eagerly anticipating the release of the key nonfarm payrolls report, which will provide insight into whether January's strong employment numbers were an anomaly or the start...
Fresh signs of a hot US labour market leave the Federal Reserve on course to raise interest rates by a quarter percentage point at its meeting next month, signalling more tightening is likely after...
The Fed faces a dilemma at the 31 Jan to 1 Feb FOMC meeting. On one side, inflation data came in softer than expected, and activity indicators showed slowing momentum over the past month. On the...
Based on the initial market action of 2023, it appears that investors continue staying with the big tech firms, placing some bets on value stocks, while feasting on bonds of all kinds to capture...
2022 has marked the end of an era of cheap money, and that’s bad news for companies with a ‘growth at all costs’ approach. In the year ahead, investors will need to exercise due diligence in...
The dollar weakened further after a broad measure of November US inflation slowed while durables orders fell more than expected. Its fate in 2023 will very depend on the US inflation outlook and...
It has been more of the same for the US dollar in 2022, with supportive forces dominating most of the year and little reason to go against it, given the highly uncertain macroeconomic. Moving into...
If the Fed raises the federal funds rate by 50 bps this week and guides toward a terminal rate above 5%, dollar may rebound again especially if Powell’s tone become more hawkish than expected.
Job growth was better than expected in October despite Federal Reserve’s interest rate increases aimed at slowing a relatively strong labour market.
