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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Beat the street: Soft PPI; data-dependent Fed; Tesla; Hot Cocoa

Lower-than-forecast producer inflation data fans expectations of interest rate cuts from the Federal Reserve, a day after the US central bank reiterated that any monetary policy move would still be dependent on inflation easing.

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The countdown to Elon Musks $56 billion pay package vote. Plus, find out why fundamentals are showing more upward pressure for cocoa prices.

(AI Video Summary)

Fed rate cut speculations

Angeline Ong from IGTV discusses market reactions to financial indicators and policies in today's edition of "Beat the street". Wall Street shows mixed openings amid speculation on Federal Reserve interest rate cuts. Recent data shows higher initial jobless claims and softer Producer Price Index (PPI) figures than expected, influencing market volatility. The Federal Reserve remains data-dependent with a conservative stance on rate cuts, affecting US dollar trends.

Stock market news

Also highlighted were potential investment opportunities in Asian markets and specific stocks like Broadcom and Adobe, alongside a significant interruption in cocoa futures trading due to halted sales in Ivory Coast amid production uncertainties.

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