Stocks Pick of The Week - Gains In US Stocks May Continue After S&P 500 Touched Key 5000 Level
The beginning of 2024 has witnessed a remarkable surge in equities, propelled by robust earnings reports and encouraging economic data. The S&P 500 index, a key benchmark for the U.S. stock market,...
Dollar To Be Favoured as Fed’s Powell Dismissed Idea Of Rate Cut In March
The recent surge in stock markets faced a temporary setback as Federal Reserve Chair Jerome Powell dismissed the notion of a rate cut in March. In a subsequent interview on "60 Minutes," Powell shed...
Stocks Pick of The Week - Investors May Look For AI Opportunities After Fed Dismissed Near-Term Rate Cut
Wall Street is coming off a poor session after the Fed’s meeting. The Dow Jones Industrial Average fell 317 points, or 0.8%, posting its worst day since December. The S&P 500 slid 1.6% in its worst...
What to Watch For in Upcoming Fed Meeting
The current state of inflation has reached a level where Fed policymakers are contemplating the possibility of reducing interest rates. However, the timing of such a decision is likely to hinge on...
Stocks Pick of The Week - Macro Condition Is Positive, But Some Tech Stocks Are Just Too Expensive
The robust growth of the U.S. economy in the fourth quarter, exceeding expectations with a 3.3% expansion compared to the anticipated 2%, highlights a noteworthy resilience despite ongoing interest...
Indicators to Watch: Will the Fed Signal Rate Cuts in March?
Market sentiment shows reduced confidence in the Federal Reserve's intention to carry out interest rate reductions, a crucial factor impacting both the economy and stock market direction.The...
Stocks Pick of The Week - Fundamental Growth More Important Than Fed Policy Now?
The 10-year Treasury yield has demonstrated its resilience following positive employment data, highlighting the ongoing robustness of the labour market. Still, the stock market looks stabilised for...
Global Economic Headwinds: Navigating the Slowdown in 2024
As we step into the new year, the global economic landscape is shrouded in uncertainty, with indicators pointing towards a palpable slowdown.
Focus on US CPI Data Amid Market Uncertainties
Investors are treading cautiously into the new week, confronting challenges as the stock market contends with the early-year landscape. The looming presence of pivotal inflation data and substantial...
