4 Reasons Why Stocks Rally May Run Out of Steam
In the closing week of February, traders are poised to sustain the momentum of the AI-driven surge in the market, despite looming economic apprehensions and the imminent release of the Fed’s favoured...
Stocks Pick of The Week - Market Prioritise Nvidia’s Outlook More Than Fed Words
Where markets go next may well depend on how Nvidia does after going forward. The S&P 500 rallied to a fresh record Thursday after Nvidia, which has helped lift the broader markets for the better...
FOMC Minutes This Week Is The Clue To Rate Cut
The Fed meeting minutes are also set to come out this Wednesday, an event that’s likely to take on greater significance after this week’s January consumer price and producer price reports showed the...
Stocks Pick of The Week - Navigating Fed Policy Amidst Stagnant US CPI: Optimising Your Tech Portfolio Strategy
The January US consumer price index (CPI) report, which was released recently, has sparked significant concern among investors, primarily due to the core inflation reading. This data, which excludes...
Watch It! US CPI Will Decide The Upcoming Fed’s Policy
Traders will keep a close eye on the release of the consumer price index this week, a pivotal measure of inflation. Additionally, significant economic indicators are anticipated later in the week,...
Stocks Pick of The Week - Gains In US Stocks May Continue After S&P 500 Touched Key 5000 Level
The beginning of 2024 has witnessed a remarkable surge in equities, propelled by robust earnings reports and encouraging economic data. The S&P 500 index, a key benchmark for the U.S. stock market,...
Dollar To Be Favoured as Fed’s Powell Dismissed Idea Of Rate Cut In March
The recent surge in stock markets faced a temporary setback as Federal Reserve Chair Jerome Powell dismissed the notion of a rate cut in March. In a subsequent interview on "60 Minutes," Powell shed...
Stocks Pick of The Week - Investors May Look For AI Opportunities After Fed Dismissed Near-Term Rate Cut
Wall Street is coming off a poor session after the Fed’s meeting. The Dow Jones Industrial Average fell 317 points, or 0.8%, posting its worst day since December. The S&P 500 slid 1.6% in its worst...
What to Watch For in Upcoming Fed Meeting
The current state of inflation has reached a level where Fed policymakers are contemplating the possibility of reducing interest rates. However, the timing of such a decision is likely to hinge on...
