Article By:
ING Economics
Tuesday, April 16, 2024 6:00 AM EDT
Wage growth is temporarily stuck in the 6% area and that’s another reason to think the Bank of England will wait until August to cut rates for the first time, despite signs of a cooling jobs market.
In this article: EWU
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Article By:
James Harte
Tuesday, April 16, 2024 5:59 AM EDT
Copper prices have come under fresh selling pressure on Tuesday as traders grapple with weaker industrial data out of China and a stronger US Dollar.
In this article: COPX
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Article By:
Andrey Goilov
Tuesday, April 16, 2024 5:45 AM EDT
The New Zealand dollar has plummeted to a five-month low, with the NZD/USD pair touching the 0.5890 mark.
In this article: UUP
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Article By:
Gene Inger
Tuesday, April 16, 2024 5:42 AM EDT
Economic factors excessively play into the calculus being assessed right now, both in Tel Aviv and in Washington, and mostly it involves money and oil.
In this article: CRM, TSLA
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Article By:
Sagar Dua
Tuesday, April 16, 2024 5:36 AM EDT
Silver price plunges to $28.40 as the US Dollar capitalizes on uncertainty over Fed rate cut timing. US bond yields rise further as the
Fed is expected to consider rate cuts later this year. Geopolitical tensions keep safe-haven demand intact.
In this article: UUP, SLVR
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Video By:
Jeffrey P. Snider
Tuesday, April 16, 2024 5:30 AM EDT
Higher (slightly) interest rates and a couple of rising commodities have brought back the reflation trade.
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Article By:
Finance Brokerage
Tuesday, April 16, 2024 5:23 AM EDT
Xiaomi’s EV debut with the SU7 has boosted its shares, in contrast to rivals like NIO and Xpeng. Xiaomi and Huawei are reshaping the EV market with smart technology expertise.
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Article By:
Fiona Cincotta
Tuesday, April 16, 2024 5:15 AM EDT
GBP/USD held at a five-month low after jobs data and ahead of Fed Chair Powell's speech.
In this article: FXB, OIL, UUP
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Video By:
LMAX Group
Tuesday, April 16, 2024 5:11 AM EDT
Investors have long been playing the bet that the Fed will opt to lean on the side of policy accommodation.
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Interest rates surged last week on the back of a hotter-than-expected inflation report that wasn’t actually that bad.
Looking at Q1 as a whole, total S&P 500 earnings are expected to be up +2.9% from the same period last year on +3.8% higher revenues.
The increase in leverage is not surprising, as it represents increased risk-taking by investors in the stock market.
Danone derives about 60% of its annual sales outside Western Europe, up from about just one-third in 2001.
Today the VIX closed above its upper Bollinger band and the SPY closed below its lower Bollinger band showing short-term exhaustion.
During the first week of April 6 of the 10 stocks in the Index declined with the Index down 20.5% YTD. The decline broadened this past week with all 10 constituents declining with the Index now down 27.7% YTD.
