Summary We expect that the Federal Open Market Committee (FOMC) will leave the target range for the federal funds rate unchanged at 5.25%-5.50% at the conclusion of its next meeting on November 1. Financial markets Read more…
Markets had a heavy end to last week and continued to give up ground at the start of this week. The MSCI All-World Global Equity Index returned to its March lows, and US indices gave Read more…
Broke below a key ascending trendline on last Friday, 20 October that has acted as support for prior down moves since December 2022. Implied volatility of Nasdaq 100 measured by the CBOE VXN Index has Read more…
USD/JPY briefly pushes below 150 Japan releases PMIs on Tuesday The Japanese yen is trading quietly on Monday. In the European session, USD/JPY is trading at 149.98, up 0.07%. The yen showed little movement last Read more…
Bundesbank’s latest monthly report revealed a likely contraction in Germany’s real GDP during Q3, attributing this slump to dwindling foreign demand for industrial goods. Elevated financing costs have not only hampered investments but also stymied Read more…
Five things you need to know before the market opens on Monday October 23: 1. — Stock Market Today: Stocks slide, 10-year yields top 5%, as war risks cloud markets Lingering risks of a region-wide conflict Read more…
Bond markets are bracing for another series of Treasury auctions this week amid one of the biggest market selloffs in nearly two years that has triggered a surge in yields and renewed concerns over the Read more…
Roivant Sciences (ROIV) – Get Free Report shares surged higher in pre-market trading after the Basel, Switzerland based drugmaker founded by Republican presidential candidate Vivek Ramaswamy agreed to sell the rights to a developing bowel disease drug Read more…
US 100 cash index remains under bearish pressure Prepares to test the September lows as geopolitics dictate sentiment Momentum indicators point to a continuation of the current move The US 100 cash index is trying Read more…
Apple (AAPL) – Get Free Report shares moved lower in pre-market trading Monday following reports that its key supply-chain partner, Taiwan-based Foxconn, is facing what could be a politically motivated probe into its tax affairs by Read more…