Macro Economic Events Archives - Page 10 of 129

2 minute read

Tech Stocks Inch Higher Ahead Of Key Inflation Data, GameStop Skyrockets, Tencent Fuels China Rally: What’s Driving Markets Monday?

May 13, 1:47 PM

Wall Street kicked off a data-heavy week on a mixed note as traders await key inflation updates and remarks from Fed Chair Jerome Powell in the coming days.

$DOGE

3 minute read

Yellen Calls For Fair Trade With China, Urges Other Central Banks To Limit Currency Interventions

By Piero Cingari

May 13, 12:04 PM

Janet Yellen emphasizes U.S. role in critical industries and reducing reliance on China. Supports Biden's budget proposals for economic growth and fair taxation.

FXY

2 minute read

Supplier Prices Threaten To Impact Inflation Over Turbulent Commodity Markets, Middle East Instability

By Piero Cingari

May 13, 11:15 AM

Traders anticipate market volatility due to upcoming inflation reports (PPI on Tuesday, CPI on Wednesday) which may impact Fed's policy decisions.

DBC

3 minute read

April Inflation Data Preview: Why Analysts Expect Economic Pressure To Cool

By Piero Cingari

May 13, 9:43 AM

Traders await April CPI report on Wednesday, expecting a drop in overall and core inflation rates. Goldman Sachs forecasts disinflation in auto, housing, and labor markets.

DASH

2 minute read

Stocks Surge On Healthy Earnings Season, Rising Jobless Claims: This Week In The Markets

By Piero Cingari

May 10, 4:09 PM

Week in markets: quiet week, Q1 earnings positive, S&P 500 and Dow Jones up, utilities sector stands out, job market and inflation concerns, interest rate cuts expected. Buffett reduces Apple stake, Apple unveils new iPads, Tesla cuts jobs in China, Pfizer settles lawsuits.

AAPL

2 minute read

Kashkari Vs. Goolsbee, Hawk Vs. Dove: What’s Next For The Fed?

By Piero Cingari

May 10, 3:46 PM

Fed official Kashkari says "this is about equivalent to as much tightening as we did in the 1994 timing cycle." Goolsbee agrees.

SPY

3 minute read

“President Biden Under Investigation After Threat To Israel’s Offensive Aid: ‘Playing Political Games’; House Oversight Committee Chair James Comer Is Leading The Effort” – Fox News

By Benzinga Newsdesk

May 10, 3:43 PM

https://www.foxnews.com/politics/biden-under-investigation-after-threat-israels-offensive-aid-playing-political-gamesThe House Oversight Committee is launching an investigation into the Biden administration over its

EIS

2 minute read

Stocks Pause On Dismal Consumer Confidence; Yields, Dollar Rise As Inflation Expectations Kick Higher, Bitcoin Sinks: What’s Driving Markets Friday?

By Piero Cingari

May 10, 12:45 PM

A worse-than-expected University of Michigan’s May consumer report halted stock gains on Friday, sparking worries about a potential decline in consumer health amid perceived rising price pressures.

ANET

1 minute read

“Biden Administration Won’t Conclude Israel Violated Terms Of U.S. Weapons Agreement, AP Sources Say” – AP

By Benzinga Newsdesk

May 10, 12:27 PM

https://apnews.com/article/us-israel-gaza-war-nsm-international-law-c83b6f39ce2799e5d2c473a337e2f857#:~:text=AP%20sources%20say-,Biden%20administration%20won't%20conclude%20Israel%20violated%20terms%20of,weapons%20agreem

EIS

1 minute read

“Pentagon Orders All U.S. Combat Troops To Withdraw From Niger” – Politico

By Benzinga Newsdesk

May 10, 11:51 AM

https://www.politico.com/news/2024/05/10/pentagon-orders-all-us-combat-troops-to-withdraw-from-niger-00157329 The Pentagon this week formally ordered all 1,000 U.S. combat troops to withdraw from Niger, a blow to

SPY