US interest rate futures, probability of additional interest rate hike within the year drops below 30% Receiving employment statistics | Reuters

2023-08-04 14:17:00 A weaker-than-expected U.S. nonfarm payrolls report in July pushed the Federal Funds futures market’s implied probability of another rate hike this year to less than 30%. 2008 Washington, D.C. (2023 REUTERS/Jason Reed/File Photo) (Archyde.com) – U.S. interest rate futures are pricing in a 30% chance of another rate hike this year after July’s … Read more

U.S. economy follows a path to control inflation and maintain a robust labor market = Treasury Secretary | Reuters

2023-06-30 17:14:00 U.S. Treasury Secretary Yellen said on Monday that the U.S. economy is on track to keep inflation under control and maintain a strong labor market, even if it cools a little more. Photo taken in April 2022 (2023 REUTERS/Tom Brenner) [30日 ロイター] – U.S. Treasury Secretary Janet Yellen said on Monday that the … Read more

Wall Street sidesteps the Fed amid the quarter-end battle

2023-06-28 21:16:09 Huge power Investment funds bought stocks last month for the first time since February, fear of missing out on the opportunity outweighing the impact of economic worries, according to Barclays strategists. These strategists, led by Emmanuel Coe, wrote: “Fear of missing out saw frustrated pessimists turn to cautious optimism. It is notable that … Read more

Oil prices are rising as investors ignore Russia’s rebellion

2023-06-26 21:03:11 Oil prices rose due to the weakness of the US dollar, which made the commodity more attractive to importing countries, in addition to the markets ignoring, until now, the dramatic and short-lived rebellion inside Russia. Calm has returned to Moscow in the aftermath of the end of the uprising led by Yevgeny Prigozhin, … Read more

The rise in oil prices is supported by the growth in demand in China

2023-06-15 22:40:20 Oil prices rose as stronger demand in China outweighed investor fears of another hike in interest rates in the United States. West Texas Intermediate crude futures approached $71 a barrel in Thursday’s trading, its highest level in a week. This week, China raised crude oil import quotas compared to the same period last … Read more

NY Philadelphia Fed Business Conditions Index, 6 months ahead, highest level in more than 1 year | Reuters

2023-06-15 16:00:00 According to the monthly survey on the manufacturing industry released by the Federal Reserve Bank of New York (NY) and the Federal Reserve Bank of Philadelphia on the 16th, the business sentiment index for the next six months both reached the highest level in 15 months. Northeastern U.S. manufacturers expect new orders and … Read more

Fund allocation to stocks, lowest level in 5 months = BofA survey | Reuters

2023-06-13 15:35:00 Global fund manager allocations to equities fell to a five-month low, according to a Bank of America (BofA) survey released on Monday. Photo taken in March 2022 (2023 REUTERS/Brendan McDermid) LONDON (Archyde.com) – Global fund manager allocations to equities fell to a five-month low, according to a Bank of America (BofA) survey released … Read more

The Nasdaq 100 jumped about 2% ahead of the inflation report

2023-06-12 22:03:20 Equity markets maintained their bullish momentum as investors prepared for a pause in the Fed’s heaviest austerity campaign in decades. Major technology stocks led the market’s gains, with the “Nasdaq 100” index rising by 2%, and the “Standard & Poor’s 500” index surpassing the level of 4,325 points, which investors are closely following. … Read more