US stocks experienced a mixed session on Wednesday, with the S&P 500 and Nasdaq Composite slipping while the Dow Jones Industrial Average held steady. This comes amid ongoing concerns about economic growth and a sluggish start to September, a historically challenging month for markets.Nvidia’s recent market value plunge has reignited …
Read More »No ECB’s surprise rate cut in July as focus shifts to September
In July, there won’t be any surprise rate cut, and all eyes are now on September. Following the June rate cut, the European Central Bank (ECB) is expected to keep interest rates unchanged during its July meeting. Policymakers emphasize that the June cut does not imply a linear reduction in …
Read More »Financial Markets’ Weekly Recap: Markets will focus on inflation data next week
Throughout the week ending June 21, the market’s attention fixated on the Federal Reserve’s future interest rate decisions. Investor focus centered on everything influencing interest rate expectations, including economic data releases, developments within the US economy, and statements from the Federal Reserve itself.Last week saw the release of several key …
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