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...
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....
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, 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...
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 Fed is not at ease despite the slowdown in hiring in June and the downward revision of payroll numbers from earlier months.
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...
Global equities have defied expectations and experienced a remarkable decoupling from the worsening economic backdrop, showing a substantial 13% rise in 2023. However, amidst this apparent market...
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...