Beat the street: Traders brace for FOMC; Powell comments; Apple; Amazon; NFP
This is a week punctuated by a Fed meeting, Powell's comments after, the latest US jobs report and mega earnings led by Amazon and Apple. Money markets now pricing in a stronger chance of a Fed rate cut in September.
Tesla clears key hurdle for self-driving software in China.
(AI Video Summary)
A week dictated by the Fed meeting and major tech earnings
In today's episode of "Beat the Street", Angeline Ong focuses on key financial events including the Federal Reserve meeting, influential earnings reports from tech giants like Apple and Amazon, and the impact on market dynamics. With insights on inflation, US job market trends, and specific stocks' performances, she highlights expectations from the Fed, potential shifts in investor sentiment, and technical analyses on market indices and currency pairs.
AI's impact on the markets
Attention is also given to AI's role in company valuations, earnings anticipation from major corporations, and geopolitical factors affecting oil prices. Ong pays special attention to the upcoming Fed decisions and high-profile earnings as they could significantly sway market directions.
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