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2024-10-10 | Market Commentary

CPI Beats Expectations as Unemployment Rises

September CPI: Inflation at 2.4% The pace of price increases in September surprised many, as the US Labor Department reported an uptick in inflation. The Consumer Price Index (CPI), which measures the cost of goods and services, increased by 0.2% for the month, bringing annual inflation to 2.4%, slightly above expectations. Core Prices and Key […]

Broadcom’s $1 Trillion Milestone Sends Market Soaring to New Highs

2024-09-30 | Market Commentary

US Stocks Gain as Market Eye Fed Moves and Economic Data

US market finished the week strong. Investors reacted positively to Fed rate cut expectations and China’s stimulus efforts, despite a decline in tech stocks

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2024-09-27 | Market Dive

Can the Fed’s New Rate Cut Push Gold Toward $3000?

On Wednesday, the Federal Reserve slashed interest rates by 0.5%, the first cut in four years and the largest in 16 years. This significant move signals the beginning of a new easing cycle, with more cuts likely by year-end. In response, gold, the go-to safe-haven asset, has soared to new highs, surpassing USD 2,600. As global economic uncertainty and geopolitical risks grow, could gold be on its way to hitting the USD 3,000 mark?

Broadcom’s $1 Trillion Milestone Sends Market Soaring to New Highs

2024-09-23 | Market Commentary

Fed Rate Cut Boosts US Market, But Economic Concerns Linger

US market closed mixed as the Fed’s rate cut fueled gains in Dow, but concerns over economic risks and a potential market bubble weighed on S&P 500 and Nasdaq

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2024-09-23 | Current Affairs

Fed Easing Fuels Markets, PBOC Inaction Raises Concern in Asia

The Federal Reserve’s recent interest rate cut and its commitment to further easing continue to fuel optimism in global financial markets, positioning Asian stocks for a positive start to the week.  

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2024-09-19 | Market Commentary

Fed’s Cut Sparks Stock Dip, Gold Surge

U.S. stocks fall as the Fed’s 0.5% rate cut surprises investors. Discover how this decision impacts the U.S. dollar, gold prices, and market trends.

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2024-09-17 | Market Commentary

What can you Expect from Federal Reserve

The Federal Reserve is preparing to lower interest rates for the first time in over four years, with a decision expected soon. This move comes just weeks before the U.S. presidential election and reflects efforts to control inflation and support the slowing job market.  Economic Indicators Prompting the Rate Cut Recent reports, including the Consumer […]

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2024-09-17 | Market Commentary

Will the CPI Report Affect Fed Decision?

Inflation is once again a key focus for financial markets, as it could determine the next move by the Federal Reserve on interest rates. Previously, job market data was the main factor, but now, all eyes are on the upcoming CPI report for August. This Wednesday’s Consumer Price Index (CPI) data might be the tipping […]

Broadcom’s $1 Trillion Milestone Sends Market Soaring to New Highs

2024-09-16 | Market Commentary

Market Rallies on Fed Cut Speculation

U.S. stocks rallied this week, led by the Nasdaq’s remarkable performance, as speculation about a significant Federal Reserve rate cut grew. With the market betting on a potential half-point reduction, the upcoming Fed decision could either fuel further gains or prompt a sharp sell-off, depending on whether the cut meets expectations.

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2024-09-13 | Current Affairs

Dollar Slumps, Gold at Record High on Fed Cut Bets

The dollar fell against the yen on Friday, while gold reached a record high as expectations for a substantial Federal Reserve rate cut increased.