Tag Archives: rate cut

The US stock market continued its upward trajectory, with both the S&P 500 and Dow Jones Industrial Average hitting fresh record highs on Tuesday. This surge was primarily driven by China’s aggressive stimulus measures and ongoing Federal Reserve rate cuts.China’s Stimulus Ignites Global Markets:China’s announcement of a significant stimulus package, …

Expectations of a rate cut by the Federal Reserve in November and declining US Treasury yields propel gold to a new all-time high. S&P Global Flash PMIs show that while the manufacturing sector is resilient, the US economy is not as strong in the manufacturing sector.While retaining policy flexibility and …

  Fed’s Aggressive Rate Cut Signals a New Era Last week, the Federal Reserve made a significant move by cutting its policy rate by a substantial 0.5%. This marked a significant departure from its previous stance of aggressive rate hikes aimed at curbing inflation. The larger-than-expected cut signals a critical …

Market Drivers: US Session, September 20 US Dollar Strengthens Amidst Fed Rate Cut and Economic OptimismThe US Dollar gained momentum following the Federal Reserve’s interest rate cut, reflecting growing market optimism about the US economy. The New York Fed’s Nowcast model projects robust economic growth in the third and fourth …

Dow Jones hovers near 42,000. Thus, the Index is heading for another winning week, but this time, Dow’s rally comes after Fed’s recent rate cut. The Dow Jones Industrial Average has surged to near 42,000 this week, following the Federal Reserve’s aggressive interest rate cut. This marks a significant turnaround …

Following the half-percentage-point interest rate cut by the Federal Reserve less than two months before the November election, Republican presidential nominee Donald Trump is not holding back in his criticism of the institution. In an interview with Newsmax on Thursday, the former president stated, “It really is a political move.” …

The recent earnings report from FedEx has sent shockwaves through the financial markets, raising serious concerns about the health of the broader economy. The company, often considered a bellwether for the US and global economies, has reported weaker-than-expected results, primarily due to a decline in industrial shipments. This article will …

WTI futures were trading at $70.98 per barrel. WTI prices are lower by 3.35% so far this year. In the past 24 hours, Brent futures have increased by 1.95% to trade at $74.11/bbl. Brent prices have dropped by 6.26% so far this year. Although prices for West Texas Intermediate have …

The Dow Jones Industrial Average (DJIA) continued its remarkable ascent, reaching yet another all-time high on Thursday. This surge, driven by the Federal Reserve’s (Fed) recent interest rate cut and robust economic indicators, underscores the prevailing bullish sentiment in the market. The Fed’s decision to lower interest rates by 50 …

The EUR/USD currency pair experienced a volatile trading session on Thursday, with the euro initially gaining ground against the US dollar before surrendering much of its intraday gains. The market’s reaction was primarily driven by the Federal Reserve’s (Fed) aggressive interest rate cut and diverging expectations regarding the European Central …