The latest US inflation data for April 2024 indicates that the Consumer Price Index (CPI) rose by 3.4% over the past 12 months, which is a slight decrease from the 3.5% increase recorded in March...
Yesterday, the US Producer Price Index (PPI) data was released during the trading session, surprising the market and leading to various reactions. However, by the end of the day, it was clear that...
On the first trading day of the week, there was a lack of important economic news, which resulted in a low trading activity in various markets. Meanwhile, US equities had a mixed performance...
In the next few days, traders and investors can expect a series of economic releases that will impact markets, whether the data comes out positive or negative. On Tuesday, eyes will be on the PPI...
US equity markets traded in a narrow range yesterday as investors turned their attention to the upcoming data releases in the coming weeks, while the earnings season is about to come to an end. As...
The US stock market showed a strong start this week, with the S&P500 closing up by just over 1%, Nasdaq increasing by 1.13%, and Dow Jones closing higher by 0.46%. There is a growing bullish...
Although markets were expecting a more hawkish stance from the Fed due to recent economic releases that showed higher inflation and lower growth, the Federal Reserve (Fed) surprised them with a...
US equities declined sharply during yesterday’s trading due to signs of higher inflation and economic slowdown, sparking concerns of stagflation. Indicator Actual Forecast Prior Employment...
The three major US stock indices closed slightly higher yesterday, with an average gain of 0.3%, despite a lack of significant news. However, markets are still reacting to the recent intervention...
In observance of Showa Day, Japanese banks were closed in the early Asian session. As a result, the Japanese Yen experienced a sharp decline, causing USDJPY to surpass the 160.0 level for the...