MARKET REPORT: S&P set for record close above 5,000 in Wall Street boom
The index - home to America's biggest companies, from Microsoft and Apple to General Electric and Coca-Cola - has risen for five weeks in a row.
Source: thisismoney.co.uk
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What is the Fed thinking?
BERKELEY — At its monthly meeting on January 31, the Federal Reserve’s (Fed’s) Federal Open Market Committee (FOMC) held firm on interest rates. “The committee judges that the risks to achieving its employment and inflation goals are moving into better balance,” the FOMC explained in its press release. But the “economic outlook is uncertain, and the committee remains highly
Source: jordantimes.com
Australian shares: Middle East rising tensions set to rattle the ASX ahead of RBA meeting
Shares are set to start lower on Monday and oil prices could bounce ahead of a possible RBA policy pivot on Tuesday.
Source: afr.com
Contradictory and confusing US jobs data, but US inflation still heading to 2.00%
Roger J Kerr says the view and outlook that the US dollar will weaken against all currencies this year is now under some scrutiny and pressure
Source: interest.co.nz
Markets rethink US rate cuts after bumper day for tech profits and jobs
The US dollar surged and the yield on US government bonds jumped on Friday after bumper US jobs data combined with surging tech profits effectively banished fears the world’s biggest economy was facing possible recession.
Source: independent.ie