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It’s all about Friday’s PCE data
The Forex Market· 2 days agoIt’s all about Friday’s PCE data…what will it show? Welcome back…….Stocks closed a bit higher on Friday’s anemic session – ahead of the long weekend….And...
Weak Bonds and Poor Earnings Are Weighing on the Market Action
TheStreet.com· 9 hours agoAnother hot inflation report is going to be difficult to ignore. Selling pressure on stocks is...
The Dollar has some good reasons to be firming
The Forex Market· 8 hours agoYesterday we got what we wanted, a surge in the dollar due to too much economic power and despite expectations of some small disinflation in Friday’s PCE...
The focus is on core PCE showing a cooling
The Forex Market· 1 day agoMinneapolis Fed Kashkari said the Fed has not ruled out additional rate hikes. Okay, which factor drove the dollar higher? Each report features a...
GDP Data Make Fed Slightly More Likely to Cut
Barrons.com· 5 hours agoThe inflation estimate included in today's 1Q U.S. GDP revision declined slightly, but remained above the Fed's 2% target, Comerica Bank's chief...
Energy & Utilities Roundup: Market Talk
The Wall Street Journal· 3 hours ago“Volatility is likely to continue through the rest of this week with the complex jostled by tomorrow’s EIA report and Friday’s PCE inflation guidance,”...
Evercore Warns That Nvidia Stock Is No Longer an S&P 500 'Linchpin'
InvestorPlace· 4 hours agoNvidia (NASDAQ:NVDA) stock is in the news Thursday after Evercore warned its clients that the tech...
Pound Sterling bounces back against US Dollar after downwardly revised US Q1 GDP
The Forex Market· 7 hours agoThe Pound Sterling finds a cushion below 1.2700 despite uncertainty ahead of the US core PCE...
PCE data ahead this week, ECB's rate path in focus - what's moving markets
Investing.com· 4 days agoInvestors are looking ahead to fresh U.S. inflation data later in the holiday-shortened week, with...
Dow Jones Sinks 300 Points, But Small Caps Rebound; Universal Health, HP Break Out
Investor's Business Daily· 52 minutes agoStocks traded mixed Thursday, but losses thinned mildly as Dow component Salesforce led a drop in...