More US-China tensions due to TikTok ban
Market mood lifted by tech optimism, US-China tension, and global economic trends. Tesla's stock surges 10% despite revenue miss.
Tesla's Stock Rebounds Despite Revenue Miss
Tesla, the electric auto giant,...
ECB maintains course for rate cuts in June, Asian markets mixed
The Currency Market, US economic trends, global outlook, corporate earnings, commodities, and key events influencing sentiment
US Economic Trends
Despite earlier expectations of rate cuts in...
China outlook demoted to negative, S&P resilient
Market movements influenced by interest rate concerns. S&P500 shows resilience. Central bank policies, Fed outlook, global trends analyzed
Recent market movements, particularly on Wall Street, have been influenced by...
Treasury yields rise while Oil hovers around 90$ per barrel
Economic impact after uncertain Fed policy. Treasury yields rise, S&P 500 dips. Oil nears $90/barrel. Dollar strengthens vs yen, euro
Fed's Policy Outlook
The second quarter's market...
Dips in US chip prices, crypto on the retreat
US stocks market dips on chip weakness. Nvidia down 3.0%. Dow up 0.11%, S&P down 0.23%, Nasdaq down 0.71%. Fed policy awaited
US Stocks Market Trends
In the...
Popular social media platform TikTok faces divestment
Oil prices surge due to US gasoline stock decline & geopolitics, impacting inflation. Crypto, commodity prices vary
Oil Prices and Inflation Concerns
Oil prices surged, driven by multiple factors including...
UK Spring Budget published, Canada maintains rates
UK's Budget: growth & tax cuts. Australian GDP up 0.2%, imports down 3.4%. US adds 140K jobs, pay rises 5.1%. Canada's Bank holds rates.
Australian Domestic Product Growth
Australia's GDP...
Canadian GDP slightly up, Asian markets performed well today
US Unemployment increase; Hormel surges while Snowflake plummets; Canadian GDP up; Yen strengthens; Chinese shares jump; Oil stable; ECB watched
US Unemployment Figures increase
Initial claims for unemployment...
New Zealand rate remains at 5.5%, Asia markets mixed
Rate of US economy set for 3%+ growth in Q1 2024. Global markets dip, NZ adopts dovish stance, Asian markets mixed, Crypto still going up
United States...