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Russian Central Bank May Hike Rates If Inflationary Risks Make A Meaningful Impact, Says Deputy Governor
Tuesday, December 27, 2022 - 3:32am | 327The Bank of Russia could hike interest rates next year if inflationary risks such as labour shortages and import restrictions make a meaningful impact, according to Deputy Governor Alexei Zabotkin. What Happened: “There is an understanding that if (a rate hike) is needed to stabilize...
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Will Gold Survive Another Jumbo Rate Hike?
Wednesday, September 21, 2022 - 11:35am | 761Will Gold Survive Another Jumbo Rate Hike? The key FOMC meeting ends soon. One thing is certain: after this event, the gold market won’t be the same. The Fed’s Projection Will Be Key for Gold Ladies and gentlemen, please take your seat and fasten your seat belt, as we’re...
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S&P 500, Nasdaq Futures Firm Up Ahead Of Fed Jackson Hole Event, Q2 GDP Data; Tesla In Focus Today
Thursday, August 25, 2022 - 7:02am | 687Trading in U.S. index futures suggests Wall Street may get off to a positive start on Thursday, building on the momentum from the previous session. Stocks closed Wednesday’s session moderately higher following three straight sessions of declines by the Dow Industrials and the S&P 500...
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US Futures Point To Lackluster Start As Fed Official Kashkari's Hawkish Comments Aggravate Rate Hike Fears
Wednesday, August 24, 2022 - 7:14am | 729U.S. index futures are flatlining on Wednesday following three straight sessions of clocking losses. On Tuesday, the major averages closed lower as investors digested some weak Main Street data and an oil rally that took the commodity to near a 2-week high. The market opened slightly lower and...
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S&P 500, Nasdaq Futures Trade Modestly Higher On Tuesday As Rate Hike Fears Keep Wall Street Muffled
Tuesday, August 23, 2022 - 7:20am | 652Wall Street’s mood is still somber despite the steep declines seen in the past couple of sessions. The major U.S. index futures are pointing to a modestly higher open on Wall Street on Tuesday. The technology sector led Monday’s sell-off that was triggered by uncertainty around the...
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US Stock Futures Are Deep-Red: Analyst Sees Profit-Taking Bringing 'Buying Opportunity' As Traders Eye Fed's Jackson Hole Event
Monday, August 22, 2022 - 7:10am | 801Wall Street looks set to start the first trading session of the week on a markedly negative note, extending the downward momentum from Friday. The major U.S. averages finished the week ended Aug. 19 on a low note, with the S&P 500 Index snapping a four-week winning streak and ending down 1.2%...
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January Markets: Fed Stays "Patient" And Earnings Brew
Thursday, January 31, 2019 - 7:37pm | 1890January saw stocks march steadily back to recoup much of the losses suffered since last fall’s record highs, with a flurry of major earnings including from Apple Inc (NASDAQ: AAPL) and Boeing Co (NYSE: BA) helping to keep up the momentum. In addition, the late-month Federal Reserve...
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Can Rates Rise in 2019?
Friday, December 21, 2018 - 12:46pm | 1174The smartest minds on Wall Street use charting analytics to quickly identify and then track trends in multiple data sets. Why? Because it works. Even the most intelligent investor or skilled trader identifies patterns in numbers when they are charted far faster than when those...
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Potential Rally in Stocks Seems to Be Kept in Check by Worries About Govt. Shutdown, Fed
Friday, December 21, 2018 - 11:37am | 1409(Friday Market Open) Today is the Northern Hemisphere’s winter solstice—the shortest day of the year, at least in terms of daylight. The stock market, however, is still trading normally, and some bulls may be wishing for shorter hours. While pre-market activity wasn’t pointing to...
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Day After: Still Digesting Big Sell-Off After Rate Decision, Awaiting Nike Earnings
Thursday, December 20, 2018 - 11:49am | 2362(Thursday Market Open) A day after the Fed hiked rates and stocks fell to new lows for the year, the dominant theme seems to be rehashing what the Fed said and what it might mean for the coming months. There’s a sense that even though the Fed stepped back from three hikes in 2019 and now only...
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Amazon Vs. The Fed: Experts Fear Whole Foods Deal Will Kill Inflation With Economic Ripple Effect
Wednesday, June 21, 2017 - 3:34pm | 564The Federal Reserve’s June 14 report heralded a tightening of monetary policy and gradual rate hikes to achieve the Federal Open Market Committee’s 2-percent inflation goal. But any excitement surrounding the news was quickly neutralized by Amazon.com, Inc. (NASDAQ: AMZN)’s...
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Pro: 'The Market Can Handle Rate Increases As Long As Earnings Returns'
Thursday, September 22, 2016 - 11:41am | 280Investors are naturally concerned that a Federal Reserve rate hike would mark the end to a multi-year bull run for stocks. According to Wells Capital Management's Jim Paulsen, these fears could be overblown from at least a historical perspective. Speaking as a guest on CNBC Thursday,...
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Money Morning Strategist Talks April's Payrolls Data
Friday, May 6, 2016 - 8:14am | 277Global equities sold off yet again on Friday ahead of Friday's release of the monthly U.S. non-farm payrolls data. Investors and traders are likely going to be looking at the data release extra closely with the hopes that a strong read will help jolt the markets back higher. D.R. Barton, Money...
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Fed Minutes: Hiking Rates In April Would Signal Sense Of Urgency That Wasn't Appropriate
Wednesday, April 6, 2016 - 2:41pm | 326The Federal Reserve released its minutes from its most recent meeting. Perhaps of most interest to traders and investors, the policymakers debated the possibility of a rate hike in April. Naturally, the motion was not favored as it may have sent a wrong signal to market participants. "...
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Diverging Global Interest Rates: Here's Why The Market Shouldn't Be Worried
Thursday, March 10, 2016 - 1:18pm | 275RSM Chief Economist Joe Brusuelas said the United States is poised to outperform the Eurozone not only in growth, but also in hiring and diverging inflation readings, as the U.S. economy is rebounding and the inventory correction that caused much of the quarter to quarter volatility in 2015 GDP...