Strong Data Dampens Rate Cut Expectations, Lifts Dollar And Spurs Treasury Yields: Thursday’s Economic Digest
Dollar & U.S. Treasury yields surge on strong economic data. Dollar index approaches 103.52, Treasury yield reaches 4.13%.
Annual Retail Sales Surge By 5.6% In December, Hit 10-Month High, Showcase Robust Consumer Demand
December 2023 saw U.S. retail sales surpass expectations, indicating robust consumer demand and influencing market trends, including a stronger U.S. dollar and shifts in Treasury yields.
Fed Gov. Waller’s Talk Tempers Rate Cut Hopes: Fed In No Rush, Rattles Investors
Federal Reserve Gov. Christopher J. Waller's recent comments at The Brookings Institution have significantly impacted market expectations regarding interest rate cuts.
US Stocks Drift Lower As Dollar, Treasury Yields Rise, AMD Defies Gravity: What’s Driving Markets Tuesday?
The U.S. stock market resumed its decline on Tuesday following a one-day closure for Martin Luther King Jr. Day. The major indices were all in the red around midday trading in New York as investors continue to monitor corporate earnings season and prospects for future interest rates.
Stocks Pause, Gold Rises, Bitcoin Sinks On Worst Day In Four Months: What’s Driving Markets Friday?
U.S. stock market lacks direction on mixed earnings and producer inflation data. Bitcoin drops 6% following spot Bitcoin ETF approval. Gold rises 1%.
Wall Street Slips As Rate-Cut Hopes Diminish With Inflation, Bitcoin Remains Unmoved By ETF Debut: What’s Driving Markets Thursday?
It’s a bearish Thursday on Wall Street, with stocks relinquishing their gains due to unexpectedly high inflation numbers for December, causing some turbulence in market expectations regarding earlier Federal Reserve rate cuts.<
Inflation Rises More Than Expected To 3.4% In December, Rattling Traders Betting On Fed Rate Cuts
Inflation surpasses expectations, challenging Federal Reserve rate cut expectations for 2024. Dollar and Treasury yields rise, S&P 500 futures down.
Bank Of America Predicts 10 2024 Market Surprises: From Booming IPOs To Japanese Equity Surge
Bank of America lists 10 market surprises; warns investors to be wary of the bond market's dovish position compared to the Fed.
December Jobs Report: Do Economists See Cooling Signals Or Steady Growth?
Economists' and financial analysts' varied reactions to Bureau of Labor Statistics' December jobs report.
December Jobs Report Topples Expectations: Robust Payroll, Wage Growth Jeopardize Fed’s March Interest Rate Cut
December jobs report showed Non-farm payrolls, unemployment rate, wage growth and hourly earnings all beat expectations, suggesting U.S. labor market is more resilient than anticipated.