Refinitiv

This week, the US September retail sales data will be closely watched as a barometer for the US economy, given that consumer spending accounts for about 65 - 70% of the US GDP.

2024-10-15T08:13:59+0100

Wall Street managed to regain some footing following its sell-off last week as the unwinding in tech stocks stabilises, but a tone of caution will likely persist in the lead-up to the US inflation data.

2024-09-10T10:03:00+0100

Wall Street looks set to round up August with its fourth straight month of gains, but within, it has been a turbulent ride so far, with earlier recession scare finding some eventual calm.

2024-09-03T10:34:21+0100

The dust around recession fears has settled across global markets for now, as market participants continue to ride on optimism that the Fed may start to ease rates as soon as next month to further support a soft-landing scenario.

2024-08-20T09:20:33+0100

A quieter start on the economic calendar and a slew of key US inflation releases ahead have put a stall on the recovery rally in Wall Street but this will likely not stay for long.

2024-08-13T07:54:12+0100

A rough start to the month of August was met with some near-term calm, as resilient US services activities data for July reflected more of a moderation in growth as opposed to one that is in line with a recession.

2024-08-06T07:03:18+0100

Wall Street kicked off the second half of the year on a quieter tone, as risk sentiments reel in from some resilience in the US dollar and a surge in Treasury yields.

2024-07-02T09:15:53+0100

Wall Street managed to get past the recent FOMC meeting unscathed.

2024-06-18T10:05:47+0100