Macro Economic Events Archives - Page 20 of 129

5 minute read

“Israel Was Behind Attacks On Major Gas Pipelines In Iran, Officials Say; The Sabotage, Which Analysts Said Marked An Escalation In The Shadow War Between Israel And Iran, Caused Massive Disruption In Several Provinces” – NY Times

February 16, 4:57 PM

https://www.nytimes.com/2024/02/16/world/middleeast/iran-israel-attacks-gas-pipelines.html#:~:text=Israel%20carried%20out%20covert%20attacks,with%20Iran's%20Revolutionary%20Guards%20Corps. Israel carried out covert

EIS

3 minute read

Slump In Housing Starts: ‘Extremely Noisy’ Numbers Indicate Demand For New Homes Dipping

By Neil Dennis

February 16, 1:38 PM

The number of homebuilding projects started in January fell to the lowest level since August, with the Midwest seeing the biggest drop.

DHI

2 minute read

Consumer Sentiment Hits 31-Month High In February, Inflation Expectations Edge Higher

By Piero Cingari

February 16, 11:35 AM

U.S. consumer confidence rises in Feb. to highest since July 2021. Inflation expectations for the year ahead increase, but sentiment remains positive.

QQQ

2 minute read

Treasury Yields Almost Fully Erase Post-Inflation Data Surge As Poor Retail Sales Reignite Fed Cut Hopes

By Piero Cingari

February 15, 11:15 AM

US Treasury note yields retract surge after the January inflation report, indicating a quick shift in investor sentiment.

IEF

4 minute read

Did January Inflation Numbers Spark Market Overreaction? ‘It’s Not That Big Of A Deal,’ Says Former CME Group Chief Economist

By Neil Dennis

February 14, 3:31 PM

Disappointing CPI data on Tuesday caused market tumble and VIX rise. Former CME chief economist expects Fed to wait until June/July to cut rates.

QQQ

2 minute read

Stocks Rebound As Investor Focus Shifts To Earnings, Bitcoin Tops $1 Trillion Value: What’s Driving Markets Wednesday?

By Piero Cingari

February 14, 2:51 PM

The U.S. stock market attempted a rebound following Tuesday’s declines, which were sparked by a higher-than-expected inflation report in January, as investors refocused on corporate earnings.

ABNB

4 minute read

“House Speaker Johnson Pushed Back At The $95B Foreign Aid Package Passed By The Senate, Saying The Bill Is ‘Silent’ On Border Security. ‘The Republican-led House Will Not Be Jammed Or Forced Into Passing A Foreign Aid Bill.'” – ABC News

By Benzinga Newsdesk

February 14, 12:14 PM

https://abcnews.go.com/Politics/senate-vote-aid-bill-israel-taiwan-ukraine/story?id=107174930&cid=social_twitter_abcnA $95 billion aid package for Ukraine, Israel and Taiwan passed by the Senate 70-29 early Tuesday

SPY

2 minute read

Sticky Inflation, Surging Treasury Yields Push Mortgage Rates To 2-Month Peak: Real Estate Stocks Tumble

By Piero Cingari

February 14, 10:23 AM

U.S. housing market faces pressure as mortgage rates rise to 6.87%, highest in 2 months. Inflation data and bond yields trigger market sell-off.

ACRE

2 minute read

Magnificent 7 Lose More Than $250 Billion As Blazing Inflation Data Triggers Market Sell-Off

By Piero Cingari

February 13, 4:58 PM

U.S. stocks, including Microsoft, Apple, Alphabet, Amazon, Meta Platforms, NVIDIA, and Tesla, lost $250B in value due to high inflation data.

AAPL

2 minute read

Markets Tumble, VIX Up 8% On Hot Inflation Data, Dollar, Yields Jump As Traders Unwind Rate Cut Bets: What’s Driving Markets Tuesday?

By Piero Cingari

February 13, 3:13 PM

Wall Street witnessed one of the worst sessions since the beginning of the year, with widespread declines across the board as stocks were hit by the impact of a higher-than-expected inflation report.

ABNB