Margaret
He liked
He liked
He liked
Dow Jones Industrial Average declines as risk appetite sours on Tuesday
Dow Jones tumbles as inflation concerns return to cloud rate cut hopes. US wage pressures increased, driving fresh inflation fears. Dow Jones backslides 300 points, at risk of falling below 38,000. The Dow Jones Industrial Average (DJIA) declined alongside the other major US equity indexes as risk a
He liked
US capital goods orders as expected, timing for Fed cuts remains uncertain, US GDP growth lower
Previous week's events (Week 22.04 - 26.04.2024) U.S. economy U.S. manufactured capital goods demand increased moderately in March. The report suggests that weakness in manufacturing does not appear to be intensifying. March’s increase was in line with economists’ expectations. Core capital goods or
He liked
He liked
Japan Retail Sales Slip 1.2% On Month In March
The value of retail sales in Japan was down a seasonally adjusted 1.2 percent on month in March, the Ministry of Economy, Trade and Industry said on Tuesday - coming in at 14.691 billion yen. On a yearly basis, sales were up 1.2 percent; in February, sales were up 1.7 percent on month and 4.7 percen
He liked
Mexican Peso climbs as US Dollar gets battered, eyes on upcoming GDP figures
Mexican Peso gains over 0.7%, capitalizing on US Dollar pullback triggered by Japanese intervention in Forex markets. Mexico's economic agenda is light today, but pivotal releases like GDP figures and Banxico's forex reserves are due later in the week. USD/MXN traders’ focus shifts to Wednesday’s Fe
He liked
US core PCE inflation set to signal firm price pressures as markets delay Federal Reserve rate cut bets
The core Personal Consumption Expenditures Price Index is set to rise 0.3% MoM and 2.6% YoY in March. Markets see a strong chance of the Federal Reserve keeping the policy rate unchanged in June. The market reaction to the data could remain short-lived. The core Personal Consumption Expenditures (PC
He liked
Will the price of Gold continue to DECREASE or not?
#XAU/USD# ⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold prices made modest gains during the North American session on Thursday, increasing by over 0.5% after the release of important economic data from the United States (US). The GDP figures for the first quarter of 202
He liked
He liked
High expectations play tricks on big tech
Meta revealed better than expected earnings, a more-than-doubled profit from last year and a 27% rise in sales. Oh, and the revenue growth was up for the fifth quarter. But the share price tumbled 15% in the afterhours trading as investors didn’t like the weaker-than-expected revenue forecast for th
Pull-up Update