Global Stock Market

Wall Street is buzzing about the Sahm Rule after the latest US Bureau of Labour Statistics data release showed an unexpected rise in the unemployment rate. While the headline number of 206,000 new jobs created in June exceeded the 190,000 expectations, economists are concerned about several underlying factors.What is the …

AI enthusiasm will propel the S&P 500 to 7,000 by next year, although AI itself is largely seen as a market bubble that will bubble until 2025. Investors are overestimating the technology’s macroeconomic benefits. The S&P 500 has already broken more than thirty new highs this year, and the rush …

June’s jobs report sent a mixed message, with job gains have remained better than expected in a strong status but other indicators are suggesting a slowdown. This has increased pressure on the Federal Reserve to cut interest rates in September.Job Growth Flatters, Not Deceives: While headline numbers showed solid hiring, …

U.S. stock index futures remained mostly unchanged on Friday as markets reopened after the July 4 holiday. Investors eagerly awaited the release of the Labor Department’s non-farm payrolls report, which is expected to provide further insight into the labor market’s condition. A softer reading of the report, indicating a slowdown …

Asian stock markets presented a mixed picture on Friday. Chinese stocks declined due to new European Union tariffs on electric vehicle imports, escalating trade war concerns. Conversely, South Korean markets outperformed, driven by gains in Samsung Electronics, which reported a significant surge in Q2 profits, primarily attributed to increased demand …

Asian stocks advanced on Thursday, fueled by Wall Street’s gains and mounting expectations that the Federal Reserve will reduce interest rates by September due to recent weak economic data. Japanese stocks led the charge, nearing record highs and recouping losses from the second quarter. Wall Street’s S&P 500 and NASDAQ …

The minutes of the Fed’s June meeting were made public, and they contained a plethora of signals that the markets interpreted differently with regard to the factors influencing the federal rate’s future trajectory. “Most monetary policymakers in the meeting of the Central Bank’s Board of Governors on June 11 and …

The stock market’s impressive July debut is carrying over the energy from 2024’s promising first half. Although strong earnings are anticipated for the upcoming quarter, several analysts believe notable growth predictions for the remainder of the year are unrealistic. This could signal a postponement of the probable decline in the …

Asian stocks presented a mixed picture on Wednesday, with Japan’s Nikkei 225 index reaching new highs while Chinese markets faltered due to a disappointing reading on service sector activity. Japan’s Nikkei Takes the Lead Japan’s Nikkei 225 index surged by 0.9%, breaking the 40,000 mark for the first time in …

Asian stocks experienced a subdued trading session on Tuesday, as investors remained cautious ahead of a speech by Federal Reserve Chair Jerome Powell, which could offer insights into the future trajectory of U.S. interest rates. Powell’s Speech and Interest Rate Outlook Regional markets were influenced by a slightly positive overnight …