Macro Economic Events Archives - Page 7 of 129

2 minute read

Investors Fear Mounting US Debt Could Overshadow Bond Rally Ahead Of Presidential Elections

May 24, 10:09 AM

There are also concerns that the uncertainty surrounding the necessary debt for deficit spending could destabilize the $27 trillion Treasury market, a cornerstone of the global financial system.

BND

2 minute read

VIX Spikes, Dow Sinks As Inflation Jitters Slaughter Fed Easing Hopes: Traders Now Price In Only One Rate Cut In 2024

By Piero Cingari

May 23, 3:26 PM

Markets down on tech stock surge, VIX fear index rises. Dow down 1.5%, S&P 500 and Nasdaq 100 down 0.9%. Only chipmakers in green due to Nvidia's earnings report.

DIA

2 minute read

Nvidia’s 10% Leap Propels Tech Indexes To Record Highs; Blue Chips, Small Caps Slip: What’s Driving Markets Thursday?

By Piero Cingari

May 23, 1:21 PM

Strong earnings and revenue guidance from Nvidia sparked a tech stock surge, with Nasdaq 100 and S&P 500 hitting record highs.

ASML

2 minute read

Inflation Stresses Retail Traders As Fed Cuts Look Unlikely, Crypto Doubts Increase: Survey

By Piero Cingari

May 23, 12:59 PM

Inflation remains a top concern, according to the Trader Sentiment Survey from Charles Schwab. Is crypto worth the risk?

VNQ

3 minute read

US Business Activity Resurges In May, Largest Rise In 2 Years, But Return To ‘Fed’s 2% Target Still Seems Elusive’

By Piero Cingari

May 23, 11:26 AM

US economy surges but input costs raise concerns about returning to Fed's inflation target. GDP projected to grow 3.6% in Q2. PMIs show expansions in services & manufacturing.

GLD

3 minute read

“JPMorgan CEO Jamie Dimon Says U.S. Could See A ‘Hard Landing,’ Stagflation Will Be ‘Worst Outcome'” – CNBC

By Benzinga Newsdesk

May 23, 1:15 AM

https://www.cnbc.com/2024/05/23/jpm-jamie-dimon-us-could-see-hard-landing-stagflation-is-worst-outcome.html

JPM

3 minute read

Fed Minutes Raise Risk Of ‘Higher-For-Longer’ Interest Rates: ‘Bears Would Normally Get Excited, But…’

By Piero Cingari

May 22, 4:05 PM

Fed minutes revealed longer wait for inflation to reach 2%. Market fears prolonged high interest rates. Fed may tighten policy if risks materialize.

DIA

2 minute read

High Interest Rates Here To Stay? Fed Minutes Reveal Disinflation Takes ‘Longer Than Previously Thought’

By Piero Cingari

May 22, 2:22 PM

Fed minutes reveal uncertainty about inflation progress, support for restrictive rates. Market reactions include slight uptick in yields and cautious risk sentiment.

IWM

2 minute read

“China Considering Car Tariffs To Retaliate Against U.S. And EU Moves; China Chamber Of Commerce To The EU Says ‘China May Consider Increasing Temporary Tariff Rates On Imported Cars Equipped With Large-Displacement Engines'” – SCMP

By Benzinga Newsdesk

May 21, 2:30 PM

https://www.scmp.com/news/china/article/3263567/china-considering-car-tariffs-retaliate-against-us-and-eu-moves-trade-group-says China is considering raising tariffs on some car imports, according to a prominent

FXI

1 minute read

‘Biden To Release 1 Million Barrels Of Gasoline To Reduce Prices At The Pump Ahead Of July 4’ – CNBC

By Benzinga Newsdesk

May 21, 1:20 PM

https://www.cnbc.com/2024/05/21/biden-to-release-1-million-barrels-of-gasoline-to-reduce-prices-at-the-pump-ahead-of-july-4.htmlThe Biden administration will release 1 million barrels of gasoline from reserves held in

SPY