Macro Economic Events

May 10, 10:01 AM

Market risk appetite soared on Wednesday, with the U.S.

ADBE

1 minute read

‘GOP Rep. George Santos Charged With Money Laundering, Fraud, Theft’ – CNBC

May 10, 9:47 AM

https://www.cnbc.com/2023/05/10/gop-rep-george-santos-criminally-charged-with-money-laundering-fraud-theft-and-making-false-statements.html Rep. George Santos, R-N.Y., was charged by federal prosecutors for an array

2 minute read

CPI Inflation Slows To 4.9% In April, Fueling Market Hopes Of Fed Rate Pause In June

May 10, 8:51 AM

The Consumer Price Index (CPI) in the United States came in at 4.9% year-over-year in April, slightly below the 5% increase seen in March and the 5% forecasted by economists.

2 minute read

How To Trade US CPI: The Top 5 Mega-Cap Gainers And Losers Following Last 3 Inflation Reports

May 9, 12:42 PM

Investors are eagerly awaiting the U.S. inflation statistics for April, which will be announced on Wednesday at 08.30 a.m. ET, before the start of trading on Wall Street.

AMZN

2 minute read

Fed Chair Jerome Powell Grapples With Record Low Confidence Levels Amid Escalating Financial Worries

May 9, 10:45 AM

American citizens' trust in Federal Reserve Chair Jerome Powell has reached an all-time low, dipping below the trust levels of any other Fed Chair in history, according Gallup survey released Tuesday. The data comes at a time when insurance costs for U.S.

GLD

3 minute read

“Failure To Raise Debt Ceiling Would Be An ‘Economic Catastrophe,’ Treasury Secretary Yellen Says” – CNBC

May 8, 4:24 PM

https://www.cnbc.com/2023/05/08/debt-ceiling-janet-yellen-says-default-would-be-economic-catastrophe.html Yellen’s comments came as a political stalemate over raising the debt limit was forcing the Treasury

2 minute read

Fed Survey On Bank Lending Conditions Reveals Exactly What Stock Investors Don’t Want To Hear

May 8, 3:49 PM

A sizable proportion of U.S.

2 minute read

‘G-7 Eyes Responses For Rapid Silicon Valley Bank-Type Failures; U.S. Considers Stronger Capital And Liquidity Rules For Midsize Lenders’ – Asia Nikkei

May 8, 12:20 PM

https://asia.nikkei.com/Spotlight/G-7-in-Japan/G-7-eyes-responses-for-rapid-Silicon-Valley-Bank-type-failures The Group of Seven leading industrialized nations intend to craft plans

KBE

2 minute read

Bank Of Canada Launches Public Consultations On A Digital Dollar