Stock market, Asia negative in the wake of contraction on Wall Street

Stock market, Asia negative in the wake of contraction on Wall Street

Finance Tokyo, Hong Kong and mainland China start with a minus sign. Focus on US work 2′ reading Asia starts with a minus sign, in the wake of the contraction of stock indices on Wall Street and awaiting indications from the US labor market. The Tokyo Stock Exchange is down: at the opening the Nikkei […]

Keep an eye on Powell’s statement before the Fed enters the blackout period.

Keep an eye on Powell’s statement before the Fed enters the blackout period.

Investors will be keeping an eye on Federal Reserve Chairman Jerome Powell’s statement today for signs of the Fed’s interest rate direction. Before the Fed begins its Blackout Period tomorrow. Mr. Powell is scheduled to speak at two rounds of talks today to be held in Atlanta, Georgia, with the first round starting at 11:00 […]

Powell’s Tougher Tone and Market Reactions: Is it an Attempt to Pressure Policy?

Powell’s Tougher Tone and Market Reactions: Is it an Attempt to Pressure Policy?

An attempt to pressure or change policy? As for Krishna Guha of Evercore, he considered that Powell’s “tougher tone” could be read as an attempt to pressure against further easing of financial conditions, and to limit expectations of lowering interest rates within the acceptable range, while preserving the possibility of increasing interest rates again. if […]

Gold Prices Set to Reach New Record of $2,080/ounce: Factors to Watch

Gold Prices Set to Reach New Record of $2,080/ounce: Factors to Watch

Keep an eye on the direction of gold prices. There is a chance of setting a new record of 2,080 dollars/ounce. After the Israel-Hamas war, the price surged to more than $165, while the Fed’s money management continues to create profit-selling pressure. Until there is an expected interest rate cut in May next year. Meanwhile, […]

Fed Chairman Powell Signals Continued Interest Rate Hikes: Dow Jones Ends Lower

Dow Jones New York Stock Exchange Closes Lower as Powell Signals Continued Interest Rate Hikes On Wednesday (June 21), the Dow Jones New York Stock Exchange closed lower after Federal Reserve Chairman Jerome Powell signaled that the Fed will continue to raise interest rates until inflation slows to 20 percent. The Dow Jones Industrial Average […]