Economic DataIconBrandElement

Broadcom’s $1 Trillion Milestone Sends Market Soaring to New Highs

2024-11-18 | Market Commentary

Market Pullback: Fed Policy and Economic Data in Focus

The US stock market faces a pullback, with the S&P 500 sliding 2.1% this week. Fed policy and inflation fears dominate investor sentiment.

article-thumbnail

2024-04-15 | Current Affairs

U.S. Economy Poised For Continued Growth 

Today’s News  The latest Wall Street Journal survey paints a notably optimistic picture of the U.S. economy, with economists revising their growth forecasts upward. The likelihood of a recession in the coming year has dwindled, now standing at 29%, a significant drop from 39% in January.   This marks the lowest probability since April 2022. […]

article-thumbnail

2024-02-08 | Current Affairs

China Grapples With Deflation Challenges Amid Economic Recovery

Today’s News  As Chinese stocks experience a relief rally in anticipation of the New Year holiday, market observers eagerly await Thursday’s release of the latest inflation figures, a critical determinant of whether the economy is making headway in breaking free from the clutches of deflation.  Forecasts, however, present a mixed narrative. Year-on-year consumer price deflation […]

article-thumbnail

2024-01-31 | Current Affairs

January Non-Farm Payroll Eve: Strong Data Spurs Possible Delay In Fed Rate Cut

January Non-Farm Payroll Eve: Strong Data Spurs Possible Delay In Fed Rate Cut