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.
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?
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
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, […]
Czech Republic’s Inflation Rate Falls Below Czech National Bank’s Rates: The End of the Inflationary Era?
After about thirteen years, the Czech Republic will experience an almost unexpected, but prayed-for phenomenon. In an optimistic scenario, the rate of inflation in the country will fall below the level of the Czech National Bank’s rates this month, i.e. below seven percent. At least for domestic banks, this will mean the de facto end […]
Dow Futures Soar as Fed Signals Cautious Monetary Policy – Recession Concerns Eased
Dow futures soar more than 100 points as investors ease recession concerns. After Federal Reserve Chairman Jerome Powell (Fed) stated that the Fed will conduct monetary policy cautiously. by assessing potential risks to the economy As of 7:26 p.m. Thai time, the Dow Jones futures rose 116 points or 0.34% to 34,493 points. At the […]
Gold Futures Decline as Dollar Strengthens: Powell’s Remarks and Lagarde’s Expected Speech in Focus
Gold futures fell 0.2 percent to $1913.10 an ounce by 0527 GMT. US gold futures also fell 0.3 percent to $1,941.30. Gold has risen about 1.3 percent since the beginning of the week, which could be the first week of gains this month, with prices climbing to the highest level since August 10 on Thursday. […]
Dow Jones Falls as Investors Reduce Risk Ahead of Jerome Powell’s Speech: Nvidia’s Stock Surges and Goldman Sachs Predicts End of Rate-Raising Cycle
The Dow Jones continues to fall. Recently, it plummeted more than 100 points while investors sold to reduce their risk. ahead of a speech by Federal Reserve Chairman Jerome Powell tomorrow. As of 10:11 p.m. Thai time, the Dow Jones Industrial Average was 34,358.95 points, down 114.03 points or 0.33%, while the Nasdaq Index and […]
Dow Jones falls as Federal Reserve signals interest rate hikes to curb inflation; Chip stocks decline on new measures for chip exports to China
The Dow Jones Industrial Average fell more than 100 points after Federal Reserve Chairman Jerome Powell signaled he was willing to raise interest rates to curb inflation. As of 9:36 p.m. Thai time, the Dow Jones Industrial Average was 33,806.52 points, decreasing 120.22 points or 0.35%. Chip stocks fell today. Led by Nvidia (Nvidia) after […]
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 […]