US PPI for final demand was unchanged at 0.0% mom in November, below expectation of 0.1% mom. Both indexes for final demand goods and services were unchanged. PPI less foods, energy, and trade services edged Read more…
NIESR forecasts that UK’s GDP will remain flat Q3. An early prediction for Q1 of 2024 indicates a modest GDP growth of 0.3%, primarily driven by the services sector. NIESR noted that these projections align Read more…
New Zealand GDP expected to decelerate US inflation ticks lower Fed widely expected to pause The New Zealand dollar is sharply lower in Wednesday trade. In the European session, NZD/USD is trading at 0.6095, down Read more…
Pfizer (PFE) – Get Free Report shares moved sharply lower in Wednesday trading after the drugmaker forecast flat revenue for the coming year, while boosting its target for cost cuts, thanks in part to slumping vaccine Read more…
We’re seeing some caution in the markets this week and that is particularly true today, with Europe trading broadly flat and US futures pointing to a similar start on Wall Street. The final Fed meeting Read more…
Updated at 7:19 AM EST Tesla (TSLA) – Get Free Report shares moved lower in Wednesday trading after the National Highway Traffic Safety Administration ordered the carmaker to issue a massive update to its Autopilot software. Read more…
Check back for live updates throughout the trading day. U.S. equity futures Wednesday edged higher while Treasury bond yields steadied and oil prices slumped to a six-month low, as investors looked to the Federal Reserve’s final policy Read more…
Nasdaq 100 recent bullish trend has moved in synch with a significant improvement in the net US liquidity since late October 2023. The major liquidity contributor has been a significant drawdown in the Fed’s overnight Read more…
A series of macro statistics continue to be published to help build a picture of the economy ahead of the Bank of England’s final decision on Thursday. The economy is reported to have lost 0.3% Read more…
At the upcoming meeting, the American department is not expected to take steps aimed at changing monetary parameters. At the same time, officials will likely abandon overly hawkish or dovish rhetoric and focus on incoming Read more…