Author: Admin
At the post-meeting press conference, Jerome Powell outlined the reasoning behind the decision to leave interest rates unchanged after the March meeting and fielded questions from reporters on the outcome.Powell’s press conference highlightsInflation remains elevated, in part reflecting increases in energy prices.The current policy stance is appropriate and is promoting progress towards our goals.Developments in the Middle East are contributing to uncertainty.We remain attentive to risks on both sides of our mandate.Consumer spending remains resilient.The unemployment rate has changed little.Slower job growth reflects slower labour force growth.Labour demand has also softened clearly.We see PCE inflation at 3.5% in March, with…
ETFs with protection features can help risk-averse investors increase returns while weathering market storms.
On Wednesday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.8608 compared to the previous day’s fix of 6.8589 and 6.8347 Reuters estimate. PBOC FAQs The primary monetary policy objectives of the People’s Bank of China (PBoC) are to safeguard price stability, including exchange rate stability, and promote economic growth. China’s central bank also aims to implement financial reforms, such as opening and developing the financial market. The PBoC is owned by the state of the People’s Republic of China (PRC), so it is not considered an autonomous institution. The Chinese…
Expect the push higher for tech stocks to keep going, says Barclays as Wall Street gets on board. They flag their favorite picks across tech sectors.
Newsquawk Week Ahead – 27th April – 1st May 2026: Highlights include Fed, BoJ, BoE, ECB, BoC, US PCE, GDP and ISM Manufacturing PMIWEEK AHEAD Markets Next Week US-IRAN PREVIEW : The week ahead centres on four key watchpoints. First, the Strait of Hormuz “red line”: President Trump has warned the US Navy could actively engage IRGC vessels suspected of laying mines or interfering with traffic, shifting from shadowing to potential direct strikes, particularly after an IRGC-escorted Iranian ship defied the blockade. Second, the nuclear deal standoff: Washington is pushing for a comprehensive deal, while Tehran insists the nuclear…
Investors have no idea that fund returns can reflect clever accounting instead of investment skill.
GBP/JPY gives back part of its earlier gains on Monday as the British Pound (GBP) comes under pressure following reports that UK Prime Minister Keir Starmer will face a parliamentary vote on a possible probe into whether he misled lawmakers over the appointment of Peter Mandelson.However, the downside remains limited as the Japanese Yen (JPY) continues to underperform most of its major peers, with elevated Oil prices weighing on the currency given Japan’s heavy reliance on imported energy.At the time of writing, GBP/JPY is trading around 215.67, easing slightly after hitting 216.06, its highest level since January 2008, while the…
U.S. stock-index futures dropped on Sunday as oil prices rose, ahead of a key week for Wall Street following record highs for the S&P 500 and the tech-heavy Nasdaq.
How Headlines Drive Financial Markets Stock market news today Traders don’t react to headlines by accident. They do it because it works. As long as market participants and automated systems respond instantly to breaking news, ignoring headlines simply isn’t an option. The real challenge isn’t whether to pay attention, but how to decide when to follow the initial reaction and when to push against it. This dynamic is especially visible during periods of geopolitical tension, such as the recent U.S.–Iran developments, where a constant stream of headlines has repeatedly triggered sharp market moves. Why Headlines Hold So Much…
President Donald Trump will be on hand for this weekend’s festivities. So will dozens of media and companies throwing events that can cost $300,000.