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Week Ahead – Focus on China GDP and US Retail Sales, More CPI Data on Tap

Inflation data will continue to dominate the economic agenda in the coming week, although the spotlight will probably fall on Chinese GDP figures as well as US retail sales. The countries reporting CPI numbers include Canada, New Zealand, Japan and the United Kingdom. With inflation seemingly coming under control in America, investors will be on the lookout for any divergence in other countries’ progress. However, sentiment will likely be shaped by growth indicators from the world’s two larg...
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When bears on Wall Street say bullish things

In recent weeks, strategists across Wall Street have revised up their year-end targets for the S&P 500. These updated calls incorporate the improving outlook for earnings, expectations for the Fed to soon dial back hawkish monetary policy, and the fact that stock prices have mostly gone up since the beginning of the year.
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Source: yahoo.com

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