Financial News

Anticipated PCE data release may heighten inflation concerns, potentially affecting the Fed’s interest rate strategy and market stability.

US economy sees robust growth in Q4, driven by consumer spending and business investment amid Federal Reserve’s rate hikes.

Key US economic data – steady GDP, rising jobless claims, home sales rebound – to sway Fed moves, stocks, rates, dollar, and gold.

After the unexpected slump in retail sales, the investor focus shifts to German unemployment data for March and ECB member commentary.

Georgia’s credit outlook is anchored by a robust public-debt structure, declining government debt and strong growth. Still, heightened geopolitical risk and domestic institutional challenges are core constraints.

The EIA report showed that domestic oil production did not increase despite rising oil prices.

BOE FPC Meeting reveals UK economic resilience, global risks from interest rate hikes, property downturns, and market volatility challenges.

Port of Baltimore closure sparks logistics crisis, as Secretary Buttigieg anticipates prolonged supply chain impacts.

The report indicated that consumers remained concerned about elevated price levels.

In January 2024, US housing showcased resilience: S&P CoreLogic Index climbed to 6.0% annually, contrasting with a subtle 0.1% FHFA decrease.

Febuary sees a 1.4% rise in durable goods orders; business investment up 0.7%. Manufacturing shows growth, with Fed rate decisions in focus.

Durable goods orders and consumer confidence data today are crucial in shaping the Fed’s policy direction amid balancing growth and inflation.

Consumer Confidence Impact: Expectations of ECB June rate cut align with subdued consumer spending plans. Weakness in spending tempers inflationary pressures.

Intervention chatter, the PBoC and the Chinese Yuan, and Aussie consumer confidence deliver a mixed Asian market session on Tuesday.

New Home Sales declined by 0.3% month-over-month in February.

Global markets gear up for critical US GDP and PCE data, set to impact investor moves and market trends in the upcoming financial week.

Scrutiny over SEC court actions intensified after judge dismissed SEC motion to dismiss charges against Debt Box, a possible victory for cryptos.

Markets eye sustained gains as Fed hints at rate cuts and chip sector rallies, with Dow nearing 40,000 amid strong economic signals.

UK retail sales for February could incentivize the Bank of England to begin interest rate cuts in earnest.

Inflation numbers from Japan failed to impact sentiment toward the BoJ rate path, while the RBA highlighted a likely increase in bank loan losses.