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Tag: stock market rally

Fundstrat’s Tom Lee Sees Stock Market Rising on Wall of Worry, Says Inflation on Path To Glide Lower – The Daily Hodl

Inflation is falling fast enough for the U.S. Federal Reserve to cut rates this year, which will benefit the stock market, according to Tom...

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Stocks waver as inflation concerns remain and Fed Minutes project a ‘mild recession’ later this year

Inflation is cooling but still nowhere near target Fed Minutes show policymakers are eyeing a mild recession this year Dollar softer as rate cut bets...

Weekly Market Wrap: Bulls fight to keep Bitcoin above US$22,300, as industry experts predict ‘crab walk’

Bitcoin, the world’s largest cryptocurrency by market capitalization, fell 6.57% in the week from Feb. 24 to March 3, trading at US$22,362 at 8:30...

Hong Kong services to rebound as China reopens, but UBP says sector is coming from ‘fragile situation’

Hong Kong's service sector will be the part of economy that sees "the biggest rebound" as borders reopen, UBP told CNBC's "Squawk Box Asia"...

Bye-bye-bye soft landing, tech woes drag stocks down, BOC ready to pause hikes, bitcoin lower on risky asset selloff

US stocks are declining after a couple of major tech warnings are making traders nervous about a macro slowdown. Stock bulls may hate...

NFP React: Stocks rise on strong jobs report and Slowing Wage pressures, ISM Services contract, Oil rises, Gold higher as Fed hiking job almost...

US stocks initially rallied after the NFP report showed the labor market remains strong and as wage price spiral risks are easing. The...

Stocks higher on mixed US data, ISM contracts again, JOLTS impress, Salesforce layoffs, Aussie rises,, bitcoin higher but still in range

US stocks edged higher as investors grew confident that the Fed is nearing the end of its tightening cycle as the manufacturing sector...

Musk out, German IFO survey, homebuilder sentiment, oil edges higher, gold wavers, cryptos lower

US stocks were unable to hold onto gains as recession worries run wild and as global bond yields surge higher after former Fed’s...

Euro dips lower on weak euro data

EUR/USD is steady at the start of the week. In the North American session, EUR/USD is trading at 1.0534, down 0.06%. The US dollar...

Stocks edge lower ahead of kickoff, record cyber Monday, consumer confidence, cryptos modestly rise

The early morning stock market rally that stemmed from optimism that China was poised to deliver more stimulus and nearing a loosening of...

USD/JPY calm as inflation rises higher

The Japanese yen has edged higher on Friday and is trading at 139.90 in the European session. Japan’s Core CPI beats forecast Inflation continues to...

Observers Suspect an Aggressive Fed Rate Hike Next Month, Analyst Predicts Fed Will Pivot in December

Observers Suspect an Aggressive Fed Rate Hike Next Month, Analyst Predicts Fed to Pivot in DecemberAccording to recent reports close to central bank officials, the U.S. Federal Reserve will likely deliver another interest rate hike by roughly 75 basis points (bps) next month. Moreover, markets are predicting another rise by three-quarters of a point, and CME’s Fedwatch Tool indicates there’s a near-certain (98%) chance the central bank will choose a […]

There Is No Crypto “Contagion”

Crypto Market Musings Crypto’s recent correlation with the stock market is finally paying dividends. The stock market is rallying — and so is crypto. As...

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