Inflows into US equity funds are heading towards a record high. Geopolitical and other fears continue to weigh on the S&P 500. Corporate earnings are rising, the economy is on a solid footing, and interest in AI shows no sign of waning. What else is needed to convince investors of a bright future for the […]
The post S&P 500: the Higher It Climbs, the Greater the Fear appeared first on ActionForex.
Headline CPI inflation jumped up to 3.2% year-on-year (y/y) in May up from 2.8% in April, above consensus expectations. Higher prices at the pump were the main culprit, with inflation ex-gasoline up a more modest Read more…
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Sterling led gains in today as investors responded positively to signs of increasing political clarity in the UK, while improving prospects for a broader Middle East settlement supported risk sentiment more generally. Aussie followed as Read more…