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2024-05-17T11:54:39+0100
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2024-05-17T11:54:39+0100
After an eventful week when the Dow briefly crossed the 40,000 milestone, traders now brace for a week rammed with Fed speakers, global manufacturing and services flash PMIs and housing starts for clues on Fed rate cuts timing.
2024-05-17T16:07:34+0100
Your weekly financial calendar for market insights and key economic indicators.
2024-05-17T06:56:34+0100
Risk sentiments may broadly track some profit-taking in Wall Street overnight, as the US dollar attempts to bounce off near-term support following its post-CPI dip.
2024-05-17T03:56:00+0100
Following four straight months of upside surprises in US consumer prices, markets were relieved to see a more tamed read for April.
2024-05-16T03:09:09+0100
One of the biggest names in US retail, Walmart, reports in a week when retail sales for April came in flat and Home Depot’s number signalled its customers were still cautious about spending.
2024-05-15T16:29:54+0100
Walmart’s earnings comes in a key week when Home Depot’s numbers showed US consumer caution in spending on big ticket items. US retail sales came in flat in April. CPI was lower-than-expected, which weighed on the US dollar.
2024-05-15T15:48:07+0100
US consumer inflation is expected to slow to 3.4% in April YoY, after a 3.5% increase the previous month. Core CPI is also forecast to slow, from 3.8% in March to 3.6% in April, its lowest pace since April 2021.
2024-05-15T08:04:58+0100
A late-night bounce in Wall Street overnight aided to put major US indices firmly in the green as market participants look towards the upcoming US CPI data.
2024-05-15T03:05:24+0100