Headline inflation in the United States rose in October as anticipated, according to the Labor Department, drawing the attention of the Federal Reserve as it prepares for a pivotal policy meeting next month. The consumer price index (CPI), a primary measure of price growth in the U.S., increased by 2.6% …
Read More »US Headline Inflation Slows in September but Remains Above Expectations, Posing Challenge for Fed
Inflation in the U.S. eased on an annual basis in September, though it still surpassed economists’ forecasts, potentially complicating the Federal Reserve’s decision on future interest rate cuts. The Consumer Price Index (CPI), a key measure of headline inflation, slowed to 2.4% year-over-year, down from 2.5% in August, but higher …
Read More »US inflation hits lowest level in three years
US inflation has hit its lowest level in three years on an annual basis in July, setting the Federal Reserve to cut interest rates soon to take pressure off the economy. This reading was the clearest indication yet that inflation is heading back to normal levels from 40-year highs without …
Read More »Noor Capital | Mohammed Hashad’s Interview on Dubai TV, July 29
Dubai TV hosted Mohammed Hashad, Head of Research and Development at Noor Capital, and a member of the US Association of Technical Analysts, to comment on and shed light on market movements. United StatesThe Dow Jones saw a boost following Microsoft’s recent announcement of a new update to the Bing …
Read More »How could markets react to Trump’s potential victory in US elections?
Donald Trump, the Republican presidential contender and former US president, has emerged as a new influential force in the financial markets in the recent past, and his chances of winning the US presidential election in 2024 are being closely watched. These prospects have grown recently due to certain developments that …
Read More »Noor Capital | Mohammed Hashad’s Interview on Dubai TV, July 22
Dubai TV hosted Mohammed Hashad, Head of Research and Development at Noor Capital, and a member of the US Association of Technical Analysts, to comment on and shed light on market movements, especially the American markets, which recorded further gains following the assassination attempt on Trump and amid ongoing negotiations …
Read More »Noor Capital | Mohammed Hashad’s Interview on Dubai TV, July 15
Dubai TV hosted Mohammed Hashad, Head of Research and Development at Noor Capital, and a member of the US Association of Technical Analysts, to comment on and shed light on market movements, especially the American markets, which recorded further gains following the assassination attempt on Trump and amid ongoing negotiations …
Read More »Fresh US Plan Targeting Russian Oil Revenues
Treasury officials in President Biden’s Treasury Department have proposed new actions to cripple a fleet of aging oil tankers that are helping deliver Russian oil to buyers around the world in defiance of Western sanctions. The effort is aimed at punishing Russia but has stalled amid White House concerns over …
Read More »Yellen warns higher rates make it harder to manage deficit
Treasury Secretary Janet Yellen has warned that the outlook for higher interest rates over the long haul makes it harder to contain US borrowing needs, heightening the importance of boosting revenue in negotiations with Republican lawmakers.The White House sees the inflation-adjusted interest payments compared with GDP as stabilizing at about …
Read More »Strong Europe Only Way to Stand Trump’s Return – Lagarde
European Central Bank President Christine Lagarde has emphasized the importance of Europe’s strong domestic market and single market to counter potential Trump’s return to the White House. She stated that the best defense against Trump’s return is an attack, which would require a deep, single market. The reelection of US …
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