Thursday’s release of the U.S. Commerce Department’s core PCE price index, the Federal Reserve’s preferred inflation measure, defined the week’s market sentiment.
Continue readingWeek in Review: Inflation Data Continues to Steer The Market
Week in Review: Nvidia’s Earnings Beat Sparks Market Rally
In the U.S., S&P Global has released early estimations of its Purchasing Managers’ Indexes (PMI) for both the services and manufacturing sectors.
Continue readingWeek in Review: Hotter Than Expected US inflation
U.S. consumer prices rose more than expected in January, amid stubbornly high shelter prices.
Continue readingWeek in Review: The S&P 500 Reaches 5,000
The S&P 500 breaks through 5,000, after its 20 percent surge since November.
Continue readingWeek in Review: Interest Rates Steady, While U.S. Growth Surprises
Global equity markets experienced positive momentum during the week, buoyed by steady interest rate decisions and better-than-expected U.S. GDP growth.
Continue readingWeek in Review: Dovish Fed Sparks Market Rally
The Federal Reserve held its final policy meeting of the year this week. As anticipated, officials kept rates unchanged.
Continue readingWeek in Review: U.S. Job Growth Rebounds in November
In November, U.S. job growth gained momentum while the unemployment rate declined, indicating a robust underlying labor market.
Continue readingWeek in Review: Inflation Cools in the Eurozone
Headline inflation in the Eurozone cooled significantly in November from the peak levels of 10.6% in October 2022.
Continue readingWeek in Review: Markets Rally on the Back of Softer Inflation Data
Global equity markets experienced a rally over the week as investors processed slower inflation prints in various developed economies.
Continue readingWeek in Review: Mixed News Out of China
Investors look for direction in China.
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