Stocks News
- James Hyerczyk
Traders brace for CPI report: Core rise signals steady inflation, impacting Fed decisions and market trends – a delicate balancing act.
- James Hyerczyk
Rising gas prices and a forecasted 0.4% CPI rise indicate stable inflation, possibly affecting the Fed’s rate strategy and future decisions.
- Bob Mason
Investor caution will likely influence the Asian markets on Tuesday as investors await the US CPI Report that could impact bets on an H1 2024 Fed rate cut.
- James Hyerczyk
BlackRock’s iShares Bitcoin ETF eclipses MicroStrategy, now holding 195,985 BTC, marking a significant shift in cryptocurrency dominance.
- Bob Mason
Hang Seng Index gains traction on positive Chinese inflation data, diverging from broader Asian market downturn
- James Hyerczyk
February job surge at 275K beats forecasts; Higher-than-expected unemployment rate at 3.9%, ; Modest wage growth.
- James Hyerczyk
Q4 2023: Labor productivity up 3.2%, unit costs up 0.4%, reflecting varied manufacturing.”
- James Hyerczyk
ECB meets Thursday, amid falling inflation and rate cut speculations, with a focus on economic data and June timeline.
- James Hyerczyk
U.S. private sector adds 140,000 jobs in February, according to ADP, with job changers seeing a 7.6% pay gain, signaling robust economic growth.
- James Hyerczyk
Fed Chair Powell’s speech to Congress is crucial for Wall Street, with focus on potential rate cuts and monetary policy direction.
- James Hyerczyk
Amidst reduced Services PMI® and employment contraction, the Fed may lean towards rate cuts to spur growth and manage inflation effectively.
- James Hyerczyk
US to release ISM Services PMI at 15:00 GMT. Expectations: 51.0 to 54.3. Inflation concerns persist despite recent data, may impact market sentiment.
- James Hyerczyk
OPEC+ extends 2.2M bpd output cuts into next quarter; Saudi Arabia to maintain 1M bpd cut until June.
- Bob Mason
Bitcoin-spot ETF market-related news dominated the crypto news headlines. However, SEC v Ripple remained a focal point in the week ending March 3.
- James Hyerczyk
The regional lender’s stock tumbles as new CEO appointed amid control concerns, triggering investor unease and credit rating downgrade.
- Bob Mason
Positive Chinese PMI data bolsters the ASX 200 while the Nikkei 225 hurtles toward 40,000 on US inflation numbers from Thursday.
- James Hyerczyk
Inflation meets forecasts, impacting Fed’s policy; U.S. personal income surges, defies expectations; consumer spending shifts towards services.
- James Hyerczyk
Expected rise in January’s Core PCE Index may impact Fed’s rate decision, inflation strategy amid a robust economy.
- James Hyerczyk
Nvidia insiders capitalized on success, selling $80 million in shares after impressive impressive results.
- James Hyerczyk
In Q4 2023, the U.S. GDP grew at 3.2%, marginally missing the anticipated 3.3% rise, indicating a slight economic slowdown.”