Tag: Economic indicators
Market Shifts: U.S. Oil Inventory Data Impact on Dollar and Gold Prices
Financial markets have been experiencing significant movements recently, even in the absence of major economic data. One key factor that has impacted market dynamics...
Navigating Market Climbs Amid Economic and Geopolitical Uncertainties
Investors have been cautious in light of the uncertainties surrounding the global economy and geopolitical events. With China's fiscal stimulus plans becoming clearer and...
Staying Vigilant: Fed’s Daly Emphasizes Guarding Economic Growth
Federal Reserve Bank of San Francisco President Mary Daly recently spoke about the importance of staying vigilant in the face of declining inflation and...
Navigating Global Market Optimism Amid Geopolitical Uncertainty
Global markets saw a positive trend last week despite concerns about geopolitical issues. This was largely due to encouraging developments in the two largest...
Economic downturn impacts Olive Garden parent company sales; Jobless claims decrease
The parent company of Olive Garden, Darden Restaurants, has reported a decline in sales due to the economic downturn. Same-store sales at Olive Garden...
Australian PMI Manufacturing Drops to 52-Month Low: Composite in Contraction
Australia’s economic activity took a hit in September, as indicated by the latest figures from the Judo Bank Manufacturing PMI. The PMI dropped to...
Understanding the Recent Plunge in Japanese Markets
Japanese markets experienced a significant drop recently, with the Topix falling by 12% on August 5th, marking its worst day since 1987. This drastic...
Why Jay Powell is Skeptical of Jobs Numbers and Why You Should Be Too
Do you think the U.S. added 272,000 jobs last month? Many people, including Federal Reserve Chairman Jay Powell, are skeptical of this number. The...
Baltic Index Gains on Higher Rates for Smaller ShipsBaltic Index Weekly Gains:...
The Baltic Exchange main sea freight index, which monitors the rates of ships carrying dry bulk goods, experienced a boost for the third consecutive...
South African Markets – Factors to watch on June 14South African Markets: Key Factors...
South African Markets: What to Watch TodayToday in South Africa, there are key political and economic events happening that could impact the markets. The...
2024 Silver Price Forecast by Bank of America: Expert Analysis and Predictions
Bank of America is optimistic about the future of silver prices, expecting a rise in the second half of 2024 and into 2025. According...
DIARY-Top Economic Events to July 31
Top Economic Events to July 31 - A Comprehensive GuideJune 8 (Reuters) - As we head towards the end of July, here are the...
US trade deficit widens to $99.4 bn in April 2024
US Trade Deficit Hits Record High of $99.4 Billion in April 2024The US trade deficit reached a new record high of $99.4 billion in...
Speculators Bet Big On Treasury Bond Futures As Inflation Stalls
Speculators Increase Treasury Bond Futures Positions Amidst Inflation StabilityWhat’s going on here? Speculators have significantly raised their net long positions in Treasury futures, hitting...