Macro Notification Archives - Page 11 of 12

3 minute read

US Growth Slows In Q1, Yet Inflation Acceleration Signals Stagflation: ‘The Worst Possible Outcome For The Fed’

April 25, 10:59 AM

US economy disappointed in growth, but inflation exceeded predictions, causing stagflation. Experts warn of negative impact on economy & markets.

SPY

2 minute read

US Economy Grows 1.6% In Q1, Slightly Below Expectations As Price Pressures Weigh On Spending

By Piero Cingari

April 25, 8:42 AM

The U.S. economy grew in the first quarter of the year, albeit at a markedly slower pace compared to the final quarter of 2023.

GLD

2 minute read

Treasury Yields Rise, Tesla Jumps On Cheaper Model Pledge, Yen Plummets To 34-Year Lows: What’s Driving Markets Wednesday?

By Piero Cingari

April 24, 1:40 PM

Rising Treasury yields have investors cautious despite positive news from the earnings season. The yield on the long-dated 30-year Treasury bond has surged to 4.79%. It’s on track to close at the highest level since early November, ahead of crucial economic data on Thursday.

2 minute read

Stocks Rally On Weaker PMI Data, Tech Earnings Optimism, Dollar Falls: What’s Driving Markets Tuesday?

By Piero Cingari

April 23, 1:33 PM

Stocks surged as weak economic data raised hopes for Fed rate cut. S&P 500 up 1.2%, Nasdaq 100 up 1.5%, Dow Jones up 0.6%. Spotify shares jump 17% on earnings.

BKR

2 minute read

US Private Sector Growth Unexpectedly Slows In April, Marks Lowest Increase In 4 Months: ‘Drivers Of Inflation Have Changed’

By Piero Cingari

April 23, 10:22 AM

US private sector activities slowed in April, with PMI at a 4-month low. Prices for goods and services rose at a slower pace, while employment decreased.

QQQ

1 minute read

Geopolitical Relief Triggers Gold Selloff: Prices Dip Below $2,350 Mark, Mining Stocks Hit Hard

By Piero Cingari

April 22, 4:07 PM

Gold prices declined 2.7% in NY due to reduced geopolitical risks. Silver also fell 5.1%. Israeli officials averted a US-backed counterstrike on Iran, easing tensions. Gains were pared as Iran downplayed strikes and traders await key economic data. Mining stocks also dropped, with GDX and SIL falling over 3%.

2 minute read

Nasdaq 100 Notches Worst Day Since Late 2023, Worst Week Since Late 2022 As AI-Driven Chipmakers Tumble: Fed Can Take ‘The Rest Of The Year Off’

By Piero Cingari

April 19, 4:29 PM

The Nasdaq 100 index had its worst day since late October 2023, with a 2.1% drop and fourth consecutive week of declines. Tech stocks have been hit hard by mixed earnings, geopolitical risks, and Fed's reluctance for rate cuts.

ASML

2 minute read

Powell, Middle East Fears Weigh On Tech Stocks, Treasury Yields Hit 5%, Gold Notches Fifth Week Of Gains: This Week In The Markets

By Piero Cingari

April 19, 4:10 PM

The Nasdaq 100’s technology stocks wrapped up their fourth consecutive week in the red, marking their most dismal stretch and sharpest declines since late 2022, as investors opted to pocket profits against a backdrop of mounting concerns over inflation and geopolitical tensions.

BLK