Negotiations on the US debt ceiling are set to continue Monday, with federal leaders working towards a resolution as the risk of a potential default looms. President Joe Biden and House Speaker Kevin...
Last week, Wall Street was sparked by concern after the University of Michigan released a preliminary reading showing a six-month low in consumer sentiment.
Investor attention this week turns to April’s consumer price index out Wednesday, followed by the producer price index on Thursday. Financial markets are hoping that it continues to remain subdued....
Wall Street is gearing up for the Federal Reserve's policy-setting committee meeting this week, with a decision on whether to raise the benchmark Fed funds rate expected to be released on Wednesday.
As the earnings results of mega-cap tech companies approach this week, investors brace themselves for a potential shift in market sentiment. High-interest names like Alphabet, Microsoft, Amazon, and...
Corporate earnings got off to a positive start, as banking giants Wells Fargo and JPMorgan Chase beat expectations. Still, discouraging retail sales data showing a slowdown in consumer spending by 1%...
The recent weakening of the labour market data has contributed to market volatility. However, the robust March jobs report, which reflected a growing economy and moderate inflation, provided some...
Financial market volatility is expected to persist next week as risk asset momentum slows and a major jobs report looms.
Fears of tightening financial conditions leading to a recession are driving traders to rethink their risk exposure and seek out safety in the stock market. That said, the dollar should outperform the...
Even with the apparent rescue of Credit Suisse, markets face a nervous few days waiting for what the Fed makes of all this. Stocks market is facing another test. A risk-off sentiment with another...
