JPMorgan Scraps Recession Call in Latest Sign of Rising Optimism – Bloomberg
JPMorgan Scraps Recession Call in Latest Sign of Rising Optimism Bloomberg Source link
JPMorgan Scraps Recession Call in Latest Sign of Rising Optimism Bloomberg Source link
Asian markets traded mixed on Friday following overnight losses on Wall Street amid rising bond yields. Japanese stocks declined, while investors elsewhere in the region awaited the Reserve Bank of Australia’s monetary policy statement after the central bank unexpectedly held rates at 4.1% on Tuesday. In the US, data showed the number of Americans filing … Read more
Asian markets declined on Thursday following overnight selloff on Wall Street after Fitch Ratings cut the US government’s credit rating. The credit rating agency Fitch downgraded the United States to AA+ from AAA, citing expected fiscal deterioration over the next three years as well as growing government debt. Meanwhile, private payrolls data in the US … Read more
tock Market on July 31, 2023 | Share Market Live Updates – Find here all the live updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets. You have updates ALL UPDATES July 31, 2023 11:06 Nifty prediction today – July 31, 2023: Go long on a break above 19,800 The Nifty … Read more
All the chatter back in December was that 2023 was to be the “year of the bond.” And for a brief moment or two in the winter, that call — and the economic doom-and-gloom that underpinned it — looked right. It is now being overrun, though, by an avalanche of demand for equities that has … Read more
Wall Street shook off worries over the Bank of Japan policy tweak as another round of US data bolstered bets on the so-called Goldilocks scenario of an economy that’s neither running too hot nor too cold. The stock market powered ahead as key gauges of inflation showed further easing while Americans grew more optimistic about … Read more
Stock Market Today: Dow, S&P Live Updates for July 27 Bloomberg Source link
Asian markets traded mixed on Tuesday following overnight gains on Wall Street ahead of key central bank rate decisions. Chinese stocks led the gains in the region on optimism over more economic stimulus from Beijing after China’s Politburo pledged to provide a boost to the slowing economy and its ailing property sector. In the US, … Read more
Last year’s plunge in the S&P 500 made uber bear Mike Wilson the most celebrated stock forecaster on Wall Street. It’s a role he has failed to reprise in 2023. The chief US equity strategist for Morgan Stanley on Monday conceded that he stuck with the pessimism for too long amid a rebound that has … Read more
Asian markets declined on Friday following mixed cues from US stock indices and after the release of Japan’s inflation data. Japan’s core inflation rate, excluding those for fresh food, rose 3.3%, official data showed. The inflation rate is marginally higher than May’s figure of 3.2%. However, this was for the 15th straight month that the … Read more