Actionable Stock Market Trading Newswire. Built for Traders, by Traders.
All news is property of their respective owners.
Read More
2 minute read

Fed May Not Be Done Hiking Interest Rates, Missing the Debt Ceiling Deadline Will Cause Disruptions: FOMC Minutes

By Piero Cingari
May 24, 2:23 PM
The minutes of the May 2-3 FOMC meeting revealed uncertainty about how much more policy tightening may be appropriate, with some FOMC participants  warning that a failure to raise the federal debt limit in a timely manner will threaten significant financial system disruptions and lead to 

QQQ

Read More
2 minute read

What To Watch When FOMC Minutes Drop: Pain For Stocks, Bonds Looms If Market Expectations Diverge With Fed Reality

By Piero Cingari
May 23, 12:34 PM
The Federal Reserve will release the minutes Wednesday of the May FOMC meeting, at which policymakers hiked the policy rate by 25 basis points to 5-5.25% and signaled they were shifting to a data-dependent approach.<

QQQ

Read More
2 minute read

Manufacturing Crashes Further While Services Boom: What You Need To Know About Latest US PMI Data

By Piero Cingari
May 23, 10:49 AM
The latest Purchasing Managers' Index (PMI) survey from S&P Global showed Tuesday that business activity in the United States reached its highest level in 13 months in May, rising to 54.5 and indicating expansion, although the gap between manufacturing and services continues to widen.

QQQ