Tag: Economic outlook
Ugly Day for Risk Assets in Americas FX News Wrap | Forexlive
Ugly Day for Risk Assets in Americas FX News Wrap | ForexliveThe Americas FX market experienced a tumultuous day as various economic indicators and market movements sent shockwaves through the financial world. Here is...
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...
Australia’s Q2 Wage Growth Slows to 0.8% QoQ, Private Sector Lagging
Australia’s wage growth showed a slight slowdown in the second quarter of the year, with the wage price index rising by 0.8% compared to the previous quarter. This figure was slightly lower than the...
Japanese Stock Market Performance: Factors Behind Recent Decline
The recent decline in the Japanese stock market has been attributed to various factors. The global market rout has been ongoing, with the Topix experiencing its worst day since 1987. This decline is part...
This Week’s Consumer Price Inflation Report: What to Expect and Analyze
Economists are expecting the upcoming July Consumer Price Index (CPI) report to show that annual inflation has stayed steady at 3.0%, while core inflation, which excludes food and energy costs, is predicted to slightly...
Warren Buffett’s Cash Mountain: Exploring the Investment Strategy
Warren Buffett, the renowned investor and CEO of Berkshire Hathaway, is a figure that commands attention in the world of finance. With nearly six decades of experience in the investment industry, Buffett's every move...
Market Forecast: Key Events and Trends to Watch Out for This Week
This week's market forecast is packed with key events and trends to watch out for. Investors can expect fresh data on inflation, the housing market, and retail sales after a turbulent week for markets....