The Carrick Group is pleased to announce a significant development in our operations based in Mauritius – our gateway to African countries without a Carrick office on the ground.
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Ahead of Wednesday’s press conference following the latest Federal Open Market Committee (FOMC) meeting, markets anticipated a hawkish response due to recent higher-than-expected inflation figures.
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The Commerce Department’s advanced GDP print released on Thursday showed the U.S. economy grew 1.6% in the January-through-March period (Q1) of 2024…
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Tensions in the Middle East and the possibility of U.S. interest rates remaining “higher for longer” weigh on sentiment.
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U.S. stock markets saw a decline for the week due to increased concerns about conflict in the Middle East and ongoing inflation worries, leading to higher long-term Treasury yields.
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In March, U.S. employers surpassed expectations by hiring a significantly larger number of workers and increased wages.
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The U.S. economy exceeded expectations in the final quarter of 2023, with a revised annual growth rate of 3.4%, up from the previous estimate of 3.2%.
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All three major U.S. indices moved higher this week, with the S&P 500 gaining 2.3%.
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The ECB contemplates rate cuts amid economic challenges.
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U.S. stock markets experienced mixed performance as long-term interest rates fell amid concerns about a cooling labour market.
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