Powell
A look at the day ahead in U.S. and global markets from Mike Dolan After a jarring Monday that spurred a wave of U.S. election trades, world markets zeroed in Federal Reserve easing hopes, China’s economic stumble and the unfolding earnings season. The appearance former President Donald Trump at the…
A look at the day ahead in U.S. and global markets from Mike Dolan After an intense month focused on election risk around the world, markets quickly switched back to the more prosaic matter of the cost of money – and whether disinflation is resuming to the extent it allows…
Investing.com– U.S. stock index futures rose in evening deals on Monday as increased expectations for a September rate cut kept Wall Street buoyant before testimony from Federal Reserve Chair Jerome Powell and inflation data later this week. Wall Street indexes eked out record highs during the session, with heavyweight technology…
Investing.com– U.S. stock index futures fell slightly in evening deals on Sunday as investors looked to testimony by Federal Reserve Chair Jerome Powell and key inflation data for more cues on interest rates this week. Futures steadied after Wall Street surged to record highs on Friday, as softer-than-expected data ramped…
By Ankika Biswas and Lisa Pauline Mattackal (Reuters) – Wall Street was on track for a lower open on Tuesday as megacap stocks retreated after a strong session, with additional caution creeping in ahead of jobs opening data and comments from Federal Reserve Chairman Jerome Powell later in the day.…
A look at the day ahead in U.S. and global markets from Mike Dolan Further signs of a cooling U.S. economy greet the second half of 2024, with politics dominating headlines on both sides of the Atlantic and Federal Reserve boss Jerome Powell due to speak later on Tuesday. Financial…
Investing.com– Gold prices fell slightly in Asian trade on Tuesday, remaining in a tight trading range as anticipation of a slew of cues on U.S. interest rates kept traders largely averse towards metal markets. The yellow metal was nursing a fall through June, as fears of high U.S. interest rates…
Investing.com– Most Asian stocks moved in a tight range on Tuesday as uncertainty over interest rates, especially before a speech by Federal Reserve Chair Jerome Powell, kept investors on edge. Regional markets took middling cues from a slightly positive overnight close on Wall Street, with tech being the only sector…
The odds of an interest rate cut this year just got slimmer.On June 12, the Federal Open Market Committee announced that it would hold interest rates steady as the nation’s central bank continues to work to lower inflation to its 2% target.Notably, alongside the Federal Reserve’s interest rate decision, the…
Investing.com — U.S. stocks were slightly higher in volatile trade Tuesday, as investors weighed up Federal Reserve Jerome Powell signal for higher for longer rates against mostly better-than-expected corporate earnings. At 14:51 ET (18:51 GMT), the was up 126 points, while the was up 0.1% and gained 0.2%. Treasury yields…
