Tech Stocks Lead Market Bounce as Powell Soothes Rate Cut Nerves

Tech Stocks Lead Market Bounce as Powell Soothes Rate Cut Nerves

Stock Market Update: Tech Stocks Lead Market Bounce as Powell Soothes Rate Cut Nerves Tech Stocks Lead Market Bounce as Powell Soothes Rate Cut Nerves April Jobs Report in Focus Tech stocks led the markets higher on Thursday as investors shifted their focus to the upcoming US jobs report, searching for clues about future interest … Read more

Tech Stocks Lead Dow Jones Lower as Investors Eye Fed Meeting

The Dow Jones New York Stock Exchange index closed lower on Friday (March 15), led by large technology stocks that have helped the market soar this year. As investors consider the interest rate outlook ahead of the Federal Reserve’s (Fed) meeting next week. The Dow Jones Industrial Average closed at 38,714.77 points, down 190.89 points … Read more

Gold Futures Surge Past $2,100 on Expectations of Fed Interest Rate Cut in June

Gold futures prices surged past the $2,100 level, supported by expectations that The US Federal Reserve (Fed) will cut interest rates in June. At 10:29 p.m. Thai time, gold contracts on the COMEX (Commodity Exchange) market will be delivered in April. added $13.20 or 0.63% to $2,108.90/ounce. Gold prices also received positive factors from the … Read more

2024 Mortgage Rates: What to Expect and When to Expect Them

2024 Mortgage Rates: What to Expect and When to Expect Them

2024-03-03 14:09:50 Our experts answer readers’ questions about buying a home and write unbiased product reviews (here’s how we rate mortgages). In some cases, we receive a commission from our partners; however, our opinions are our own. Better-than-expected economic data contributed to the rise in mortgage rates last month. In February, 30-year mortgage rates averaged … Read more

Fed’s Preferred Inflation Gauge Matches Expectations, Hits Lowest Level in Three Years

Fed’s Preferred Inflation Gauge Matches Expectations, Hits Lowest Level in Three Years

Crucial Inflation Report: PCE Index Hits Lowest Level in Three Years The Fed’s Preferred Inflation Gauge Hits Lowest Level in Three Years Personal Consumption Expenditures Index Shows Decline The Fed’s preferred inflation gauge, the Personal Consumption Expenditures (PCE) index, reported a slight decline in January, aligning with Wall Street’s expectations. Notably, this decline resulted in … Read more

Oil Prices Surge Amid Fears of Production Cuts and Houthi Attacks

Oil Prices Surge Amid Fears of Production Cuts and Houthi Attacks

Oil prices rose today, Wednesday, as investors balanced fears of major producers reducing production and Houthi attacks in the Red Sea with weak expectations for a cut in US interest rates. Brent crude futures rose 12 cents, or 0.15 percent, to $82.46 per barrel by 0100 GMT, while US West Texas Intermediate crude futures rose … Read more

Czech Economy: Inflationary Pressure Fading, Interest Rates Forecasted to Fall Rapidly

Czech Economy: Inflationary Pressure Fading, Interest Rates Forecasted to Fall Rapidly

Michl stated that cost and demand inflationary pressures are fading in the Czech economy. Demand remains subdued thanks to strict monetary policy, and the risk of a wage-inflationary spiral did not materialize. According to the CNB’s new forecast, market interest rates should fall rapidly this year. But Michl said that in the first and second … Read more

Dow Jones Rises as Investors Expect Fed to Hold Interest Rates Steady, Nasdaq Futures Fall, Market Eyes Jerome Powell’s Statement and US Employment Figures

The Dow Jones index rose nearly 100 points as investors expected the Federal Reserve (Fed) to hold interest rates steady at tonight’s monetary policy meeting, in line with market expectations. As of 9:36 p.m. Thai time, the Dow Jones Industrial Average was at 38,562.27 points, plus 94.96 points or 0.25%. However, Nasdaq futures fell nearly … Read more

Comparison of Interest Rates in Czech Banks for Savings Accounts and Term Deposits in 2024

Comparison of Interest Rates in Czech Banks for Savings Accounts and Term Deposits in 2024

Czech banks have been changing interest rates on savings accounts and time deposits in recent months. In most cases, this is a reduction. The TN.cz editors have compiled a detailed table in which you can look at the interest rates for both savings accounts and term deposits. Savings accounts Trinity Bank offers the nominally highest … Read more