Fed likely to signal a pause on rate cuts after July’s reduction, according to Saxo Bank. While another cut is expected this week, a strong US labor market and global uncertainty may prompt a more cautious approach.
Fed May Signal Pause on Rate Cuts After July, Says Saxo Bank Read More »
Tech stocks rallied and the S&P 500 edged higher as investors awaited the Fed’s rate decision. Broadcom and Tesla hit record highs on AI optimism, while Super Micro slumped after Nasdaq 100 removal.
S&P 500 Edges Higher, Tech Stocks Rally Ahead of Fed Decision Read More »
US stocks dipped Tuesday as investors awaited the November CPI inflation report, a key indicator for future Fed rate decisions. Alphabet surged on quantum computing news, while Oracle fell after missing revenue projections.
US Stock Market Dips Before Crucial Inflation Data Release Read More »
Global rate cuts boost the US dollar, pushing it higher against euro, franc, and yen. Shifting rate cut expectations and rising US Treasury yields contribute to dollar strength, impacting emerging markets and the Japanese yen.
Global Market Outlook: Dollar Strengthens as Rate Cut Expectations Shift Read More »
U.S. stock futures await key inflation data as economists predict a slight CPI uptick. Adobe anticipates AI-driven growth, while Alphabet surges on its quantum computing breakthrough, and GM ends its Cruise robotaxi program.
5 Key Market Insights Before the Stock Market Opens – December 11, 2024 Read More »
US retail sales surged 0.7% in November, exceeding expectations and signaling strong economic momentum. This robust consumer spending, driven by vehicle and online sales, raises questions about future Fed rate cuts.
US Retail Sales Surge in November, Signaling Strong Economic Momentum Read More »
US manufacturing contracted further in December, hitting a 4.5-year low, while the services sector surged to a 38-month high. This divergence reflects optimism around post-election policies but also growing concerns about potential tariffs and rising import costs.
US Manufacturing Contracts Further in December, Services Sector Soars Read More »
Pound recovers slightly against the dollar despite weak UK retail sales. Gold sees modest gains amid trade tensions, while oil rises on geopolitical factors and OPEC+ meeting anticipation.
Market Analysis: Pound, Gold, and Oil Price Movements Read More »
US stocks saw mixed midday trading as investors await this week’s key inflation report, hoping for a year-end rally catalyst. Treasury yields edged higher, impacting gains, while a 3-year note auction saw robust demand but lower foreign participation.
US Stock Market Update: Investor Focus Shifts to Key Inflation Data Read More »
US consumer borrowing surged in October, driven by a $15.7 billion jump in credit card spending. This significant increase, exceeding economists’ predictions, raises questions about spending habits and the economic outlook.
US Consumer Borrowing Surges in October Driven by Credit Card Spending Read More »
