City Powell, county Jerome Financial News
14.03 / 10:09
markets
UPS
economy
Trade
track
reports
Dollar gains ahead of PPI release; euro seeks ECB clues
Investing.com — The U.S. dollar edged higher in European trade Thursday, retaining recent strength ahead the release of more cues on U.S. interest rates in the form of producer inflation and retail sales data.
14.03 / 10:05
CBDC
Digital
central bank digital currency
show
stage
country
Global Surge in CBDC Exploration Leaves US Playing Catch-Up: Study
An Atlantic Council study published Thursday showed that 134 countries, or 98% of the global Gross Domestic Product (GDP), are currently exploring a central bank digital currency (CBDC). This number has surged from just 35 since May 2020.
14.03 / 01:13
13.03 / 20:11
markets
COST
UPS
wellness
reports
Headlines
inflation data
Gold Could Be Heading to New Highs Despite Hotter-Than-Expected Inflation Data
Gold and silver were looking to bounce back following the CPI-related drop on Tuesday, in a relatively quieter day for data and with the Fed in the blackout period ahead of next week’s FOMC meeting.
13.03 / 16:39
markets
Target
security
Sustainability
Experts
reports
testing
Bears tighten grip on D-Street: Nifty 50, Sensex log worst session in 2 months; small, midcaps' worst in 2 years
US inflation data has raised concerns that Jerome Powell-led US Federal Reserve may postpone cutting interest rates in June over achieving its inflation target of two per cent. This also led foreign investors dumping Indian shares today with the total outflow by foreign institutional investors (FIIs) coming in at ₹4,595 crore, according to NSE data. Domestic institutional investors (DIIs) instead bought ₹9,094 crore in Indian equities, but that could not stabilise the larger selling pressure today witnessed across counters.
13.03 / 13:41
13.03 / 11:21
markets
COST
economy
performer
Why one junk bond bear is steering clear of the asset class
Junk bonds are beating less risky debt almost everywhere in 2024, but a Vontobel Holding AG strategist says he’s steering clear of the asset class.
13.03 / 02:09
markets
Target
Research
Trade
President
Experts
recommendations
Buy or sell: Vaishali Parekh recommends three stocks to buy today — March 13
Buy or sell stocks for today: Frontline indices Nifty 50 and Sensex settled flat the previous day in a highly volatile session, driven by select gains in heavyweights including HDFC Bank, Reliance Industries, and Tata Consultancy Services (TCS). On the other hand, the domestically-focused midcaps and smallcaps suffered massive losses over stretched valuations.
12.03 / 17:41
markets
CEO
JPMorgan
Strategy
economy
Election
pandemic
JPMorgan CEO Jamie Dimon Warns on US Recession Risk and Fed's Rate Strategy
Quiver Quantitative — Jamie Dimon, CEO of JPMorgan (JPM), recently expressed caution about the U.S. economic outlook, suggesting that a recession could still be a possibility. Speaking at the Australian Financial Review Business Summit, Dimon remarked that while many are expecting a soft economic landing, the chances of such an outcome might be lower than anticipated. He voiced concerns about stagflation, a scenario where inflation and unemployment rise simultaneously while economic growth stalls. Dimon’s comments come at a time when economic indicators have been skewed due to the Covid-19 pandemic, leading him to advise the Federal Reserve to wait for more clarity before cutting interest rates.
12.03 / 14:15
12.03 / 11:14
12.03 / 11:13
12.03 / 08:23
Citi
Target
Progressive
Food
President
show
reports
February inflation report expected to show another 'strong' monthly increase
Former Kansas City Federal Reserve Bank President Thomas Hoenig reacts to Jerome Powell saying the Fed is not ready to start cutting rates on 'Cavuto: Coast to Coast.'
11.03 / 18:09
markets
UPS
Digital
ETF
MicroStrategy
Trade
Bitcoin
dencun upgrade
Cryptocurrency Market News: Bitcoin Blows Past $72K, Ether Up On Dencun Upgrade Optimism
Bitcoin (BTC) soared past yet another price milestone, crossing $72,000 this morning on the back of the price momentum from last week where it made two all-time highs. Meanwhile, ether climbed steadily past $4,000 amid optimism around lower fees after the highly-anticipated Dencun upgrade for the Etherum network—which will help improve transaction processing speeds at scale—this Wednesday.
11.03 / 15:37
11.03 / 13:07
markets
Target
Puzzle
Bitcoin
folk
reports
testing
US futures retreat ahead of data-heavy week
US equity futures started off a data-heavy week on the backfoot before a key report on US inflation that will test the resolve of a bull market riding on bets that Federal Reserve Chair Jerome Powell and his colleagues are moving closer to a pivot to easier policy.
11.03 / 09:37
economy
Trade
Cycling
show
track
reports
inflation data
Dollar unloved ahead of key US inflation data; euro near eight-week high
Investing.com — The U.S. dollar slipped lower in early European trade Monday, trading near two-month lows ahead of the release of key U.S. inflation data for more clues over the timing of the start of the anticipated Federal Reserve rate-cutting cycle.
11.03 / 09:37
11.03 / 08:47
markets
DOW
NVIDIA
Trade
Bitcoin
inflation data
Futures lower, inflation data this week, new Bitcoin high - what's moving markets
Investing.com -- U.S. stock futures point lower, suggesting a negative start to the week for equities. Markets are turning their gaze to key monthly U.S. inflation data on Tuesday, which could factor into how the Federal Reserve views the path ahead for interest rates this year. Elsewhere, gold hovers near an all-time high, while Bitcoin hits a new record peak.
11.03 / 07:21
markets
Target
wellness
Trade
show
track
Gold Prices
Gold prices steady with $2,200 in sight; CPI awaited for more rate cues
Investing.com-- Gold prices steadied just below record highs in Asian trade on Monday, with focus turning largely to upcoming U.S. inflation data for more cues on when the Federal Reserve will begin cutting interest rates.
11.03 / 03:07
Remark
WhatsApp
show
reports
Rate Cut
Gold hovers near record high on bets of early rate cut
Gold prices rose on Monday, and hovered near a record peak hit in the previous session, as remarks from Federal Reserve Chair Jerome Powell and U.S. economic data last week cemented hopes for a rate cut in June. FUNDAMENTALS
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