Upcoming US CPI Data Looms as Pivotal in Deciding Hiking Cycle's Fate
Market participants anticipate an impending boost in market sentiment as a new set of inflation data is poised for release in the forthcoming week, with the Consumer Price Index (CPI) data scheduled...
Stocks Pick of The Week - Bond Yields Pose Threat to Tech Valuations, Focus Shifts to Quality Tech Firms
The stock market's once robust momentum has been slowly fading, raising concerns about a possible correction lately. The market’s sentiment is also being affected by a weakening global economy,...
Powerful Support for Stock Bulls: US Job Report and Tech Earnings Point to a Promising Future
More Big Tech earnings and the jobs report are in the week ahead. US stocks notched their third straight week of gains on Friday.
Stocks Pick of The Week - Solid Tech Firms in Focus as Fed Approaches End of Tightening Cycle
As the Federal Reserve recently raised interest rates as anticipated, investors eagerly await the June data on the personal consumption expenditures price index (PCE), a key inflation indicator...
Impact of Fed Meeting and Earnings Season on Stock Market Performance
The Dow Jones Industrial Average has extended its winning streak for ten consecutive days, buoyed by benign inflation reports and excitement surrounding the advancements in artificial intelligence....
Stocks Pick of The Week - Be Mindful of Extreme Enthusiasm On Stocks. Traders Should Focus On Quality
The Dow tends to beat the Nasdaq index recently, outperforming it by as much as 2.5 percentage points on Thursday, creating the widest gap between the two indexes since February 2022.
Gold's Outlook Amidst Uncertainty Over US Interest Rates and Inflation
Gold, a traditional safe-haven asset, is facing a shift in its outlook as traders re-evaluate their optimism regarding the potential peak of US interest rates. Recent reports suggesting that the...
Stocks Pick of The Week - US Inflation Reports Fuelled "Buy, Buy, Buy". But Who Is Overvalued?
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...
The jobs report is not insufficient to prevent the Fed from raising rates this week
The Fed is not at ease despite the slowdown in hiring in June and the downward revision of payroll numbers from earlier months.
