News Formal

Nvidia's Decline Spurs Investor Caution Amidst Market Uncertainty

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 26 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 53%

EUR/USD News

USD/JPY,S&P 500,Microsoft Corporation

Market Overview Analysis by Ipek Ozkardeskaya covering: EUR/USD, USD/JPY, S&P 500, Microsoft Corporation. Read Ipek Ozkardeskaya's latest article on Investing.com

The week kicks off on a weak note following a moody trading session across Europe and the US on Friday.

This week, the US will reveal its latest GDP update on Thursday. US growth is expected to be revised slightly higher from 1.3% to 1.4% down, but that’s down from 3.4% printed a quarter earlier. And on Friday, investors will focus on core PCE data – the Federal Reserve’s favorite gauge of inflation. The latter better be soft enough to prevent a broader selloff in US indices. On the individual front, FedEx must change its rate policy that leads to such a strong yen selloff in the first place.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 450. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Fed's Hawkish Tone, Economic Data to Shape Market Outlook This WeekMarket Overview Analysis by Ipek Ozkardeskaya covering: EUR/USD, USD/JPY, Nasdaq 100, S&P 500. Read Ipek Ozkardeskaya's latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »