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Date: 20th August 2024. Market News – Its all about market sentiment. Wall Street continued its run higher as the panicked trade from early in the month continues to recede while outlooks on the Fed remain dovish heading into Chair Powell’s Jackson Hole speech Friday. Asian stocks mostly...

Date: 19th August 2024. Market News – Asian Stocks gain but US in red, Dollar plumMets; Yen the biggest gainer so far. September Fed rate cut all but a done deal, look ahead to Jackson Hole Dovish Fed bets have also boosted hopes of additional easing in Europe, and bonds are falling as...

Date: 16th August 2024. Markets corrected again; Stocks skyrocketed. Markets corrected again amid the back and forth on the Fed outlook and uncertainties over soft and hard landings that have besieged the outlooks since the jobs report. Global stocks have largely recovered from last week’s...

Date: 15th August 2024. Earnings and Inflation Boost the Dow Jones, Eyes Turn to Walmart’s Report! US inflation falls from 3.00% to 2.90% making a September rate cut certain. According to the CME Group, there is a 64% chance of the September rate cut being 25-basis points. Japanese GDP data...

Date: 13th August 2024. The Pound Rises, But Cracks Emerge in the UK Employment Sector. The Pound increases in value, but UK employment data signals economic stagnation and weakening employment. The UK number of individuals claiming unemployment benefits rises 135,000, the highest in over 4...

Date: 12th August 2024. How Will the Pound Perform Ahead Of A Vital Week For The UK! Economists expect the US inflation rate to remain at 3.0% or to drop to 2.9%. Also, economists expect Inflation excluding Food and Energy to drop to 3.2%. The Federal Reserve’s Mrs Bowman advises cuts are...

Date: 9th August 2024. The Dow Jones Rebounds After Reassuring Guidance From Key US Companies! Stocks rebound after leading economists come out in force to confirm no recession is approaching. The NASDAQ rises 2.87% and the Dow Jones 1.77%. The SNP500 witnesses its best day since November...

Date: 8th August 2024. The Dow Jones Drops 2% As JP Morgan Signal Possible Recession. JP Morgan advises markets that the economy is at a higher risk of a recession in 2024. Representatives of the Federal Reserve advise they will not call for an urgent meeting to cut interest rates. Disney...

Date: 31st July 2024. How Are Earnings Shaping the NASDAQ? Microsoft stocks fell 2.70% as Cloud revenue read lower than previous expectations. Overall earnings and revenue beat expectations. AMD and Starbucks stocks rise after releasing their quarterly earnings reports. Earnings support the...

Date: 30th July 2024. US Employment Data in the Spotlight as Fed Decision Looms US ECONOMY The US Dollar Index rises to its highest level in 20 days and breaks above its recent price range. The market turns its attention to tomorrow tonight’s Federal Reserve Press Conference. Investors will...

Date: 29th July 2024. The Japanese Yen Leads as Global Central Banks Anticipate Cuts! A Japanese flag flutters atop the Bank of Japan building in Tokyo, Japan, September 21, 2016. REUTERS/Toru Hanai/File Photo - RTX2UM36 Markets watch global central banks confirm their latest rate decision...

Date: 26th July 2024. The Yen Soars as the Likelihood of a BoJ Rate Hike Rises! The Japanese Yen wins back some lost ground as global Central Banks edge closer to rate cuts. The probability of another interest rate hike by the Bank of Japan increases. July’s best performing currencies are...

Date: 25th July 2024. Market News – AI mania over? Stocks, Gold & oil dip; Yen Surges. Economic Indicators & Central Banks: Wall Street plunged and Treasuries bear steepened in an anxious trade. News that ex-Fed president Dudley was now calling for the FOMC to cut rates next week amid...

Date: 24th July 2024. Market News – Stocks dip as earnings disappoint; Yen strengthens further. Economic Indicators & Central Banks: The market faces pressure entering a seasonally weak period, with potential increased volatility due to the upcoming US presidential election. Asian stocks and...

Date: 23rd July 2024. Market News – Asia stocks up; Yen Strengthens. Economic Indicators & Central Banks: Markets paused after recent volatility and a tech selloff driven by high valuations and sector rotation. US election developments continue to dominate, with Kamala Harris securing...

Date: 22nd July 2024. Market News – Uncertainty remains the bane of the markets! Economic Indicators & Central Banks: President Biden announced he is withdrawing from the re-election campaign. In a subsequent comment, he stated his support for Kamala Harris. He will address the nation later...

Date: 19th July 2024. Global Stocks Tumble as Risk Appetite Plummets! US ECONOMY The NASDAQ declines for a third straight day and fell to its lowest level for July. Netflix Quarterly Earnings Report unable to support US indices. The Dow Jones loses momentum after 6 straight bullish days. The...

Date: 18th July 2024. Escalating Tariffs on China Spark a Major Selloff in Tech Stocks! Investors expect the European Central Bank to keep interest rates at 4.25%. US confirms new sanctions against China primarily aimed at semiconductors applying significant pressure on Tech Stocks. The...

Date: 17th July 2024. Gold Hits New All-Time High as Investors Flee the Dollar! Gold reaches an all-time high as investors look to mitigate away from political risk and a potential economic slowdown. UK inflation remains unchanged whereas analysts previously expected a 0.1% decline...

Date: 16th July 2024. Pound Leads Currencies This Month Despite Upcoming Rate Cut! The Pound continues to be the month’s best performing currency and attempts to break resistance levels as the currency rises close to a 12-month high. Goldman Sachs beats earnings and revenue expectations...