On Wall Street, the bearish sentiment is apparently persisting. Goldman Sachs (GS) and BlackRock (BLK) are warning that markets are yet to price in the risk of a global recession: one of their latest research papers now sees a 98% chance of a looming global recession.
September 27, 2022
1386
The Federal Reserve’s policy-setting FOMC is set to start its two-day meeting tonight, as investors are keen to see whether the financial regulator is ready to raise its benchmark rate by 0.75 or a full point.
September 20, 2022
1402
The U.S. indices opened moderately lower today again, with S&P 500 losing 0.25% at the time of writing.
September 19, 2022
1357
Major world markets are still in the blues today, setting up a very clear bearish pattern. In terms of macro in the U.S., the University of Michigan data, due out at 10 a.m.
September 16, 2022
1460
U.S. index futures are showing shy rebounds after yesterday’s sharp losses in the wake of disappointment caused by still-elevated inflation data.
September 14, 2022
1353
Today is the judgement day for inflation in the U.S. According to a key Federal Reserve Bank of New York survey published yesterday, consumer expectations for next year inflation fell again in August, a potentially promising sign for the U.S. Fed as it tries to cool the surging prices.
September 13, 2022
1369
Friday's trading on U.S. markets ended with a significant increase in major indices (S&P 500 +1.53%, Nasdaq Composite +2.11%)
September 12, 2022
1408
U.S. stocks traded mostly lower this morning, with the Dow Jones dropping 100 points on Thursday.
September 8, 2022
1577
Yesterday, U.S. equities lost early gains and ended lower as a stronger-than-expected PMI report on the services refueled speculation of more Fed rate hikes ahead.
September 7, 2022
1505
Shares of Coinbase (COIN) fell on Tuesday, August 9, after the largest U.S. cryptocurrency exchange reported a loss of more than $1 billion in Q2 and fell short of earnings estimates by analysts by a wide margin.
August 10, 2022
1198
May 6, 2024
2926
April 12, 2024
2836
April 24, 2024
2778
