Tag: Economic indicators
Sunset Market Commentary: Latest Analysis and Updates – Action Forex
Market Analysis and Updates: A Comprehensive Look at the Latest TrendsAs markets continue to navigate through a landscape of uncertainty, today's focus remains on key corporate and economic events that are shaping investment decisions....
Federal Reserve Chair Powell hints at upcoming interest rate cuts: ‘Policy adjustment is necessary’
Federal Reserve Chair Jerome Powell hinted at potential interest rate cuts in the near future during his keynote address at the Fed's annual retreat in Jackson Hole, Wyoming. While he did not provide specific...
Investors Beware: Threats Lurking Despite Stocks’ Astonishing Run
Stock Markets Soaring Amidst Global RallyThe global stock markets have been on an extraordinary upward trajectory, with record-breaking performances seen across major economies like America, Europe, Japan, and India. In the United States, the...
Navigating Market Sentiment: Inflation vs. Slowdown Concerns – Action Forex
Navigating Market Sentiment: Inflation vs. Slowdown ConcernsThe summer of 2024 has brought significant volatility to financial markets as conflicting views on the US economy have taken center stage. Earlier in the year, market sentiment...
Jackson Hole Symposium and PMI Data Highlight Upcoming Week – Action Forex
The upcoming week in the financial world is set to be packed with key events and data releases that will likely shape market sentiment and expectations. From the Jackson Hole Economic Symposium to PMI...
July Inflation Rate Drops to 2.9%, Lowest Since 2021
Inflation in July saw a slight increase, driven primarily by higher housing-related costs, according to a report released by the Labor Department on Wednesday. The consumer price index (CPI), a key measure of prices...
Asian Market Resilience: Focus on Local Data, Not Just US CPI
Asian equities are showing signs of resilience as they continue to rebound despite global market turbulence. The focus is now shifting towards key data releases in Japan, Australia, and China, which could potentially impact...
Home Depot Forecasts Decline in Sales Amid Consumer Caution
Home Depot recently announced that while it exceeded expectations for the quarter, it anticipates a decline in sales for the rest of the year due to high interest rates and consumer uncertainty. The company...
S&P 500 Technical Analysis: Growth Scare Fading | Forexlive
The S&P 500 saw a strong bounce last week after positive US Jobless Claims figures calmed fears about the labor market following a weak US NFP report. This has led to a decrease in...
Barrick Gold Stock Price Levels to Watch After Strong Earnings – Analysis & Forecast
Barrick Gold Stock Soars After Strong Earnings ReportBarrick Gold (GOLD) saw a significant increase in its stock price by over 9% on Monday following the release of its second-quarter results. The Canada-based gold mining...