Financial News
- Vladimir Zernov
NAHB noted that 24% of builders reported cutting home prices in March 2024, compared to 36% in December 2023.
- James Hyerczyk
Euro area’s inflation drop to 2.6% and a soaring €11.4 billion trade surplus signal a significant economic upswing and fiscal stability.
- James Hyerczyk
Major central banks’ interest rate moves including the Fed and US housing insights, coupled with Micron and Nike earnings, dominate this week.
- Bob Mason
Chinese stats boost risk appetite: Industrial production, retail sales, and fixed asset investments for Jan-Feb exceeded expectations, supporting riskier assets.
- Bob Mason
BTC-Spot ETFs Shine Despite Market Turbulence: Record Weekly Inflows Surpass $2.5 Billion
- Bob Mason
It is a pivotal week ahead for the global financial markets with the Bank of Japan, Bank of England, and the RBA on course to diverge from the Fed.
- Vladimir Zernov
Consumer sentiment has been mostly unchanged since January 2024.
- James Hyerczyk
In March 2024, the NY Manufacturing Index plummets significantly, accompanied by a notable decline in new orders, signaling a stark sector downturn.
- James Hyerczyk
The U.S. is grappling with stubborn inflation, complicating the Fed’s rate decisions and impacting long-term economic forecasts.
- Bob Mason
US Producer Prices rattle market risk sentiment: Chinese housing data and PBoC inaction compound the Hang Seng and ASX 200 losses.
- Vladimir Zernov
Natural gas prices rebound from weekly lows as traders react to the EIA report.
- James Hyerczyk
Feb’s Core PPI surge and higher overall PPI cast doubt on Fed rate cuts, signaling prolonged inflation and interest rate concerns.
- James Hyerczyk
Bitcoin’s upcoming ‘halving’ stirs debate, impacting its soaring value amid speculation over its effect on the crypto market’s future.
- Bob Mason
Tech sell-off spreads: Hang Seng joins Nasdaq retreat, ASX 200 affected by bank downgrades.
- Vladimir Zernov
Gasoline inventories declined by 5.7 million barrels from last week.
- James Hyerczyk
BOJ mulls negative rate exit amid inflation concerns, wage talks. Investors brace for turbulence over rate decision.
- Bob Mason
The UK GDP Report for January will draw the interest of Bank of England Monetary Policy Committee members as consumer-facing services output grows.
- James Hyerczyk
Feb 2024 CPI rose 0.4% with a 3.8% year-over-year core increase and a mixed economic outlook due to stable food prices against a 2.3% energy hike.
- James Hyerczyk
Rising gas prices and a forecasted 0.4% CPI rise indicate stable inflation, possibly affecting the Fed’s rate strategy and future decisions.
- Bob Mason
Bank of England scrutiny of the UK labor market will continue as unemployment edges up and wage growth moderates.