Financial News
- Vladimir Zernov
Manufacturing PMI moved back into contraction territory.
- Bob Mason
German Services PMI surges, fueling speculation on ECB’s June rate cut decision.
- Bob Mason
In the week ahead, US inflation and service sector PMI numbers could further impact investor bets on multiple 2024 Fed interest rate cuts.
- Bob Mason
The crypto market was under pressure going into the weekend, with monetary policy and geopolitics overshadowing the Bitcoin Halving event.
- James Hyerczyk
P&G beats earnings forecast, misses revenue; EPS guidance up, mixed segment sales.
- James Hyerczyk
P&G and AmEx anticipate earnings growth; Regional Banks face mixed outcomes.
- Bob Mason
Weaker-than-expected UK retail sales figures could support rising bets on a Bank of England interest rate cut. However, the BoE camp is divided.
- James Hyerczyk
Netflix shifts focus to profitability, enhancing finances with strategic initiatives and plans to expand into gaming and sports.
- Vladimir Zernov
Natural gas prices are moving higher as traders react to the EIA report.
- James Hyerczyk
US initial claims hold steady at 212,000, unadjusted claims drop; Philly Fed survey shows growth despite challenges; market remains optimistic.
- Dennis Shen
A full-scale Middle East conflict is unlikely but any further escalation of tensions would have significant adverse consequences for commodity markets and inflation, affirming geopolitical developments as a core economic challenge globally.
- Vladimir Zernov
Total motor gasoline inventories declined by 1.2 million barrels from the previous week.
- Bob Mason
UK Inflation Softens to 3.2% in March: The BoE hawks could postpone rate cut talks after the March numbers beat expectations.
- James Hyerczyk
March Housing Starts Plummet, Indicating Instability – Housing Starts decline sharply by 14.7% to 1.32 million units.
- Bob Mason
Mixed signals from China: Industrial production and retail sales falter, while fixed asset investment and lower unemployment hint at momentum shift.
- Vladimir Zernov
Builder sentiment was unchanged as mortgage rates remained close to 7%.
- James Hyerczyk
Strong retail sales data suggests resilience in consumer spending. Ongoing inflationary pressures warrant cautious outlook.
- Bob Mason
It is an important week for the global financial markets, with data likely to influence near-term central bank monetary policy goals.
- Bob Mason
Investor jitters prevail despite BTC-spot ETF inflows: Market uncertainty looms as the Bitcoin Halving Event draws near.
- Vladimir Zernov
Year-ahead inflation expectations increased from 2.9% to 3.1%.