Fed Chair Jay Powell Abandons Assurances on Rate Cuts, Predicts Longer Timeline for Inflation Target

Fed Chair Jay Powell Abandons Assurances on Rate Cuts, Predicts Longer Timeline for Inflation Target

The Road to Achieving Confidence Months of assurances from Federal Reserve Chair Jay Powell about rate cuts in 2024 were abruptly abandoned last week. Powell openly acknowledged that it is likely to take longer than expected for the Federal Reserve to achieve its desired level of confidence in the economy. This significant shift in stance … Read more

Hotter-than-Expected February Inflation Print Driven by Shelter and Gas, Warning of Gradual Price Pressures

Hotter-than-Expected February Inflation Print Driven by Shelter and Gas, Warning of Gradual Price Pressures

Hotter-Than-Expected February Inflation Print Driven by Shelter and Gas Hotter-Than-Expected February Inflation Print Driven by Shelter and Gas Introduction The February inflation data has revealed that inflationary pressures continue to persist, exceeding earlier predictions. Notably, these upward price movements have been heavily influenced by two primary components: shelter and gas. Let’s take a closer look … Read more

Nvidia Stock Weakens Following Friday’s Reversal: All Eyes on Macro Data and Earnings Releases

Nvidia Stock Weakens Following Friday’s Reversal: All Eyes on Macro Data and Earnings Releases

All Eyes on Nvidia Stock Weakens in Pre-Market Following Sharp Reversal Latest Market Updates Investors have been closely monitoring Nvidia’s stock (NVDA), which weakened in the pre-market today following a significant intraday reversal on Friday. This unexpected turn of events has grabbed the attention of many market participants. Action in Nvidia to Influence Broader Market … Read more

Nvidia’s Blowout Earnings Report Sends Stocks to Record Highs; Inflation Data to Test Rally

Nvidia’s Blowout Earnings Report Sends Stocks to Record Highs; Inflation Data to Test Rally

Weekly Market News: Blowout Earnings Report from Nvidia Sends Stocks Soaring Weekly Market News: Blowout Earnings Report from Nvidia Sends Stocks Soaring Market Update A blowout earnings report from AI darling Nvidia (NVDA) sent stocks to record highs last week. The S&P 500 (^GSPC) and Dow Jones (^DJI) ended the week up about 1% while … Read more

Salesforce’s Stock Surges 2% as Slack Launches Game-Changing AI Product

Salesforce’s Stock Surges 2% as Slack Launches Game-Changing AI Product

Slack Launches AI Bot to Enhance Workplace Efficiency Salesforce’s Slack Stock Boosted by New AI-Focused Product Salesforce-owned Slack has launched its new AI-powered assistant for its popular workplace messaging app, driving the stock value of Salesforce’s Slack (CRM) up by more than 2% on Wednesday. The innovative Slack AI aims to simplify the overwhelming amount … Read more

US Equity Futures Signal Rebound as Inflation Data Delay Fed Rate Cut

US Equity Futures Signal Rebound as Inflation Data Delay Fed Rate Cut

Economic Outlook: US Equity Futures Signal Rebound from Wall Street Slump Economic Outlook: US Equity Futures Signal Rebound from Wall Street Slump US Equity Futures Rebound Following Disappointing CPI Data New York, February 14, 2024 US equity futures indicated a potential rebound from Tuesday’s Wall Street slump, which was triggered by hotter-than-expected US inflation data. … Read more

Gold Prices Rise on Weaker US Inflation Data, Optimism in Gold Market

Gold Prices Rise on Weaker US Inflation Data, Optimism in Gold Market

Bisnis.comJAKARTA — Not at all has the opportunity to strengthen in today’s trading, Wednesday (11/15/2023) after rising to US$16.79 in yesterday’s trading, stung by weaker-than-expected US inflation data, thus triggering more speculation that the Federal Reserve may not raise interest rates. At the close of trading Tuesday (11/14/2023), the price of gold (XAUUSD) rose US$ … Read more

Stock market report New York January 12, 2023: “After the inflation data comes before the bank figures”

12.01.2023 10:27 p.m. – 01:05 a.m Stock exchange report New York 01/12/2023 “After the inflation data is before the bank numbers” The ntv stock exchange reporters report daily from New York and have their finger on the pulse of the largest financial center in the world. The most important investor information from Nasdaq and the … Read more

New York Stock Report 11/01/2023: “Ahead for Inflation Data”

01/11/2023 22:17 – 00:58 New York Stock Exchange Report 11/01/2023 “Anticipation for inflation data” NTV’s stock reporters report daily from New York and take the pulse of the world’s largest financial center. The most important investor information from the Nasdaq and the New York Stock Exchange is available here in the video.

The price of oil ended the week down by 1.5% due to fears of economic downturn

Oil rates shut broadly flat on Friday, but endured a weekly loss on dollar energy and fear that the economic slowdown will weaken demand for crude. Brent crude oil futures stood at $ 96.72 a barrel, up just 13 cents. US West Texas Intermediate Crude Futures also rose 27 cents to $ 90.77. Both of … Read more