Tag: Federal Reserve
The “Trump Trade” and Financial Markets Betting on the US Presidential Race
Article As the US presidential race gains momentum, the financial markets have already taken a stance on who they believe will emerge victorious. The recent[more...]
Australian Sharemarket Hits Record Highs
The Australian sharemarket has surged to new highs, piggybacking on a rally that saw US stocks hit record highs. The positive sentiment in the US[more...]
Market Update: Fed Chair Testimony and Inflation Data in Focus
Investors are preparing for a busy week as they await a slew of key events, including testimony from Federal Reserve Chair Jerome Powell and the[more...]
US Stocks Hit All-Time Highs as June Jobs Report Exceeds Expectations
The latest US jobs report has sparked optimism across the stock market, as all three major indices hit record highs last Friday. The S&P 500,[more...]
The US Dollar Sees Choppy Trading Amid Trump’s Resurgence
The US Dollar (USD) experienced a day of choppy and volatile trading amid speculation surrounding the potential resurgence of former US President Donald Trump. The[more...]
US Jobs Report to Set Tone for July Trading
The first week of July marks an important period for investors as the release of crucial labor market data sets the tone for trading in[more...]
Stocks Mixed as Investors Digest Inflation Data and Fed Projections
Stocks closed with mixed results on Wednesday as investors weighed the impact of a key inflation report and the Federal Reserve's latest projections for interest[more...]
U.S. Inflation Eases Slightly in May: What You Need to Know
The consumer price index showed no increase in May as inflation slightly loosened its stubborn grip on the U.S. economy, the Labor Department reported Wednesday.[more...]
Federal Reserve Interest Rate Cuts: Diverging Opinions Cause Uncertainty
Economists are divided on the potential interest-rate cuts that Federal Reserve officials are likely to signal for 2024 amid recent inflation figures and slowing economic[more...]
U.S. Economy Adds More Jobs Than Expected in May, Easing Pressure on Fed
The U.S. labor market demonstrated unexpected strength in May as the economy added significantly more jobs than anticipated. The Labor Department reported a gain of[more...]