Asia Stocks to Fall After Another Hot US CPI Print: Markets WrapMusk to Meet Modi, Spurring Tesla India Investment SpeculationGerman Corporate Distress Rises as Economy Faces Slower GrowthClarins Skincare Heir Is Looking for Her Next Big AcquisitionGerman Bonds Drop as Traders Pare ECB Cut Bets Ahead of DecisionWorld’s FX Traders Are as Much at Mercy of Yuan as the DollarUK Surveyors Most Optimistic on Home Buyer Demand in 13 MonthsOpenAI’s Altman Pitches Global AI Coalition on Trip to Middle...
dataEconomists react to Bank of Canada interest rate decisionU.S. inflation refuses to bend, fanning fears it will get stuckRead the full text of the Bank of Canada's latest interest rate decisionThe Daily Chase: Decision day at the Bank of Canada, U.S.
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Asia Stocks to Fall After Another Hot US CPI Print: Markets WrapDeveloping Asia is set for growth as China's economy slows, while the 'Dead Space' franchise is officially on hold at Electronic Arts. Biden and Kishida enlist Amazon, Nvidia to fund AI research. Adobe is buying videos for $3 per minute to build AI model. Germany may be Europe's Achilles' Heel in first-quarter earnings. FTC asks Congress for authority to try its own consumer cases. The U.S. Fed is failing in four ways according to Mohamed A. El-Erian. Remote working boom is huge for college towns like Knoxville.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Markets today: Stocks fall with bonds as U.S. CPI curbs Fed-pivot betsStock futures joined losses in bonds as hotter-than-estimated inflation data bolstered speculation the U.S. Federal Reserve will be in no rush to cut interest rates.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Stocks in Asia to Fall as Rate-Cut Optimism Fades: Markets WrapStocks in Asia are expected to fall as optimism for rate cuts fades. Bond traders are loading up on bearish wagers as the odds for rate cuts dwindle. The Federal Reserve's Daly believes that three rate cuts is a reasonable baseline for 2024. An index fund for private firms makes it easier to bet on unicorns. Chile tempers monetary easing with a 75 basis point interest rate cut. SoftBank-backed window maker plans to file for bankruptcy to reduce debt. Aramco oil traders stage a walkout in Houston over bonus pay. A survey finds that nearly half of Canadians feel 'stuck at work'. It's time to shift parked RRSP contributions into drive. Food waste is out as grocery prices rise and budgets tighten. Dale Jackson suggests 4 tax tools to keep more money invested. Consider tapping into home equity for retirement income, says a financial commentator. A study finds that emojis with service transactions can increase tipping by up to 30%. Learn how to avoid paying the pink tax on clothes, toys, and other everyday items. The Ontario regulator launches a consumer tool.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Traders brush off CPI to buy stocks and crypto as Bitcoin consolidates below $72kThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
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Asian Stocks to Be Sold on CPI, Traders Wary of Yen InterventionAsian stocks are likely to be under pressure after Wednesday’s faster-than-expected US inflation data, while currency traders will be on watch for possible yen intervention, according to analysts and strategists
Source: BNNBloomberg - 🏆 83. / 50 Read more »