The latest producer price index in June showed inflation rose less than anticipated and built on trader optimism from the June consumer price index data, which came out Wednesday. Investors are now...
As the possibility of a July rate hike solidifies, bond traders are now looking ahead to the future beyond this month. Strong data releases, including the latest ISM figures, increase the likelihood...
Major US stock indices achieved substantial gains in a week marked by positive news. The rise was primarily fuelled by the success of prominent banks in passing the Federal Reserve's stress test and...
Amid recent positive indicators for the US economy, a sense of caution persists as concerns of an impending recession loom.While the job market and services sector demonstrate resilience, and the...
Despite the Federal Reserve's intention to convey a message of anticipated interest rate increases, the market responded with scepticism. Following the FOMC meeting in June, stocks turned bullish as...
US stocks continue to ride high after a strong May jobs report and the Congress passing a debt ceiling bill. However, investors are wary of the narrowness of the rally, with some shifting towards...
The release of crucial economic data, including nonfarm payrolls, the unemployment rate, and hourly wages, will shed light on the Federal Reserve's dilemma as it approaches the June policy meeting....
The Nasdaq Composite experienced a notable surge following Nvidia's strong sales forecast, fueled by the increasing demand for artificial intelligence technology. Nvidia's stock soared by 25%,...
Investors have been seeking confirmation that debt-ceiling negotiations are progressing positively following President Biden's optimistic remarks to avoid a default. The sentiment was boosted as...
