November Inflation Report: CPI Eases To 3.1% Annual Rate Ahead Of Fed Meeting
U.S. dollar & S&P 500 futures saw a dip following the release of the inflation report.
Federal Reserve Critical Meet On Wednesday: Will Powell Signal Rate Cuts For H1 2024?
The final policy meeting for the Federal Reserve will most likely end with the decision to hold interest rates where they are.
Hedge Fund Housing Ban: A Game-Changer For The US Single-family Home Market?
Democrats in Congress proposed bill that could end hedge funds' interference in US single-family home market; proposed bill would bar them from owning such properties in the future.
US Stocks Reacts To Upbeat Economic Data, Dollar Rebounds As Yields Surge: What’s Driving Markets Friday?
Wall Street extended its gains on Friday as better-than-anticipated economic data alleviated concerns of an impending economic slowdown.
US Consumer Sentiment Sharply Rebounds In December, Up 16.1% Year-Over Year; Inflation Expectations Decline
In December 2023, consumer sentiment index rose to 69.4, significantly exceeding economists' expectations and resulting in U.S. stock market gains of up to 1.3%.
Index Futures Fall, Dollar Rallies As Labor Market Strength Dampens Fed Rate Cut Speculation
U.S. equity futures take a sharp downturn after unexpected strength in labor market, with traders questioning aggressive rate cut bets & traders adjusting expectations for a Fed rate cut in March 2024 to 49% chance.
November Jobs Report Outruns Expectations, Unemployment Drops, Jeopardizing Rate Cut Bets
This latest jobs report could potentially jeopardize aggressive market bets on a wave of Federal Reserve interest rate cuts in 2024 that are driven by concerns about an economic slowdown.
Wall Street Revels In Gains As AI, Tech Titans Surge; Dollar Plunges Against Yen: What’s Driving Markets Thursday?
Wall Street was enjoying a bullish Thursday afternoon, propelled by AI stocks and tech giants, as investors grew increasingly optimistic about the disruptive technology.
Cooling Signs In US Job Market Raise Concerns Ahead of November Jobs Report: ‘The Boost Is Behind Us’
Signs of cooling in the U.S. labor market have surfaced and investors are awaiting the November jobs report.