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Asian Shares Mixed As China PMI Data Disappoints
RTT News· 7 days agoAsian stocks ended on a mixed note Friday even as a downward revision to U.S. first-quarter GDP data revived hopes for Fed rate cuts this year. Regional gains were capped by hawkish comments ...
Europe Roundup: Euro firms ahead of ECB decision, Gold hits two-week high, Oil stabilises as...
EconoTimes· 16 hours agoMarket Roundup Swiss May Unemployment Rate s.a. 2.4% forecast,2.3% previous Swiss May Unemployment...
Asian Shares Mixed As Chinese PMI Data Disappoints
RTT News· 7 days agoAsian stocks ended on a mixed note Friday even as a downward revision to U.S. first quarter GDP data revived hopes for Fed rate cuts this year. Regional gains were capped by hawkish comments ...
Market Wrap: May 2024 | ETF Trends
ETF Trends· 3 days agoMixed economic data throughout May continued to befuddle investors looking to capitalize on near-term interest-rate cuts. The odds for a summertime...
Gold climbs on soft US jobs data, lower US Treasury yields
The Forex Market· 1 day agoGold price is gaining 1.18% amid mixed US economic data and lower Treasury yields. US Dollar Index...
Futures Turn Positive Following Closely Watched Inflation Data
RTT News· 7 days agoThe futures turned positive following the release of a highly anticipated Commerce Department report showing consumer prices in the U.S. increased in line with economist estimates ...
CNBC Daily Open: Roaring Kitty's wealth, Modi's victory
CNBC· 2 days agoThe Dow Jones Industrial Average rose after softer-than-expected employment data raised the prospect...
Treasury Yields Sink as Weak Data Fuel Fed Bets: Markets Wrap
Bloomberg via Yahoo Finance· 3 days ago(Bloomberg) -- The world’s biggest bond market climbed after a weak manufacturing reading fueled...
Business news in brief
telegraphherald.com· 7 days agoThe U.S. economy grew at a sluggish 1.3% annual pace from January through March, the weakest quarterly rate since the spring of 2022, the government said Thursday in a downgrade ...
Jerome Powell’s Federal Reserve is stuck in a self-defeating paradox that makes cutting rates more...
AOL· 5 days agoThe Federal Reserve has talked financial markets into creating an easier environment, which paradoxically makes lowering rates a more difficult task for the central bank, a top economist said ...