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.
Continue readingWeek in Review: Mixed Signals
The annual Jackson Hole symposium hosted by the Federal Reserve Bank of Kansas City commenced on Thursday. During the event, several Federal Reserve officials indicated that although there might not be…
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