Wall Street Archives - Page 3 of 21

Stocks try to rebound as bond yields hit 15-year high

By Edward Moya Now that we heard from Walmart, it is clear that the US consumer is still willing to spend. Expectations for robust consumer spending in Q3 have been confirmed and

18th August 2023

Markets/World

Stock futures trade soft, Gold on the back foot, oil higher

By Naeem Aslam US and European futures are trading a bit soft on Wednesday as traders continue to take a small breather after the recent stellar rally in the equity markets. Bulls

9th August 2023

Markets/World

Bond market selloff after BoE signals more tightening

By Edward Moya Wall Street is watching a global bond market selloff get uglier as US stocks wavered late Thursday ahead of massive earnings from Apple and Amazon. A lot of economic

4th August 2023

Markets/World

Markets brace for another event-heavy week

By Lukman Otunuga, Senior Market Analyst at FXTM Asian markets were a mixed bag on Tuesday as weak China data countered the initial optimism set off by Wall Street overnight, after the

1st August 2023

Markets/World

Markets advance ahead of US CPI

By Lukman Otunuga, Senior Market Analyst at FXTM Asian markets rose on Tuesday after China strengthened support for its struggling property sector. European futures are pointing to a positive open as attention

11th July 2023

Markets/World

ADP report another huge blow to Fed pause hopes

By Craig Erlam Federal Reserve policymakers may well be dreading Friday’s NFP jobs report after Thursday’s ADP number once again obliterated estimates, coming in more than double the consensus forecast. That’s almost

7th July 2023

Markets/World

Bull market rally continues ahead of CPI and Fed

By Edward Moya US stocks are rallying ahead of a massive macro week that contains a key inflation reading, some major central bank rate decisions, and many important economic readings. The bull

13th June 2023

Markets/World

Markets enter standby mode

Βy Lukman Otunuga, Senior Market Analyst at FXTM Asian stocks crawled higher on Wednesday, following the positive cues from Wall Street overnight after the S&P500 closed at its highest level in 2023.

7th June 2023

Markets/World

Services PMIs point to broader weakness, OPEC+ not as unified

By Craig Erlam A raft of weaker services surveys have weighed on sentiment in Europe at the start of the week, while Wall Street is more of a mixed bag. Investors are

6th June 2023

Markets/World

U.S. CPI better than meets the eye

By Moody’s Analytics The details to April’s U.S. consumer price index were more favourable than the topline figure would suggest at first glance. Excluding food and energy, the CPI was up 0.4%

14th May 2023

Comment/Markets/World