Page 2 - Philly Fed News Today

Dollar faced broad sell-offs overnight and continued to weaken in Asian session. Investors breathed a sigh of relief after US CPI data indicated that disinflation is progressing, which has reignited speculation about near-term rate cuts by Fed. Or at least, another rate hike is now highly unlikely, as repeated by Chair Jerome Powell. Fed fund futures now show nearly 74% chance of a rate cut in September. Additionally, the probability of two total cuts this year has risen to around 70%. This opti...

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

(RTTNews) - The major U.S. index futures are currently pointing to a roughly flat open on Thursday, with stocks likely to show a lack of direction...

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

After a flamboyant Wednesday session and a deluge of absolute records in Europe and on Wall Street, profit-taking began without any real catalyst .The funicular rise that began on April 30 or May 2 ...

A clear divergence is materializing on both sides of the Atlantic.US indices are preparing in the best possible way for the 3 Witches session with a flurry of new all-time highs, notably the Dow...

May 2024 Philadelphia-area manufacturing survey

Some softness in the data but the market takes a break

The Paris Bourse ended the session down 0.63%, at 8188 points, penalized in particular by declines in Safran , Schneider Electric and TotalEnergies .In the absence of catalysts, and after the recent...

A slight upturn in the dollar after 3 complicated sessions and an overall decline of -1% on the $-Index, which fell from 105.33 to 104.21 this morning .The euro gave back a small part of yesterdays... -May 16, 2024 at 11:59 am EDT - MarketScreener