US stocks staged a goodish rebound on Monday, regaining upside strength and pushed higher in the final hour of the US trading session as financial markets will likely remain in wait-and-see ahead of central banks’ decisions. Traders are geared for …
Four central banks will announce their interest rate decisions this week, with the Fed’s decision and its monetary policy the main focus. Data releases from the US, Australia, Canada, Germany, the UK, and France will also take place this week. …
US stocks fell lower on Friday, remaining under bearish pressure and capped the worst week since the market hit its low for the year in June amid the growing concern over outsized Federal Reserve interest-rate hikes. On the economic data …
US stocks declined on Thursday, coming under bearish pressure and fell in a choppy session after the latest batch of economic data did little to dial back expectations for the Federal Reserve’s aggressive hikes move. The US Retail Sales rose …
US stocks rebounded higher on Wednesday, regaining bullish momentum after swinging between gains and losses throughout the day amid the falling US Producer Price Index. The US annual PPI declines to 8.7% in August, which fell at a stronger pace …
US stocks plunged on Tuesday, coming under heavy selling pressure and suffered from their biggest daily losses in more than two years following the release of US Consumer Price Index data. The US annual CPI inflation decelerated to 8.3% yearly …
US stocks advanced higher on Monday, preserving their bullish momentum and rose four straight days ahead of the key US consumer-price data. The speculations that inflation is near peaking have provided support to the equity markets, as the US CPI …
US stocks advanced higher on Friday, witnessing impressive daily gains and preserving its bullish momentum amid the risk-on market sentiment. The markets seem to have priced in a supersized 75 bps rate hike at the September FOMC meeting as the …
This week, investors will be eyeing inflationary data from the US, UK and Australia. The US will release its Consumer Price Index (CPI), Producer Price Index, and Retail Sales data. The market will be watching closely after more neutral labour …
Jerome Powell, the chairman of the Federal Reserve, reaffirmed the bank’s commitment to combating price increases and remaining upbeat until inflation returns to the Fed’s 2 percent objective on Thursday. Following Powell’s reiteration of the necessity of combating high inflation, …
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