Inflation flat at 2.1% as RBA likely to sit tight on interest rates Prior to Wednesday’s figures, both headline and underlying inflation had retreated for five consecutive months The Guardian - AU · Nov 27, 2024
Is Goldman Sachs’ 2025 Outlook Correct? Steve Reitmeister compares his 2025 market outlook to the one just released by Goldman Sachs. There are points of agreement, but biggest disagreement is about where the S&P 500 (SPY) will be at the end of next year. Read on for more. StockNews.com · Nov 26, 2024
Dollar Gains on Trump Tariff Threats The dollar index (DXY00 ) Tuesday rose by +0.18%. The dollar moved higher Tuesday after President-elect Trump said on his first day in office he would impose an extra 10% tariff on goods from China and a 25% tariff on all products from Canada and Mexico. The dollar also found... Barchart · Nov 26, 2024
Trump's threat to impose tariffs could raise prices for consumers, colliding with promise for relief If Donald Trump makes good on his threat to slap 25% tariffs on everything imported from Mexico and Canada, the price increases that could follow will collide with his campaign promise to give American families a break from inflation The Independent UK · Nov 26, 2024
Federal Reserve officials signal cautious path for rate cuts amid still-high inflation With inflation still elevated, Federal Reserve officials expressed caution at their last meeting about cutting interest rates too quickly, adding to uncertainty about their next moves The Independent UK · Nov 26, 2024
Fed Minutes Reveal 'Confidence' In Inflation Reduction, Yet Flag Divergent Views On Interest Rate Path Ahead Federal Reserve reduces interest rates by 25 basis points to 4.5%-4.75%, expresses confidence in inflation target. Upside risks to inflation discussed. Benzinga · Nov 26, 2024
Why Warren Buffett Is Selling: A Look at His Latest Market Moves Warren Buffett has been reducing his exposure to stocks lately, focusing on the consumer discretionary end of the market for clear reasons. MarketBeat · Nov 26, 2024
Christmas rate cut hopes slayed as inflation holds firm Energy rebates have lowered Australia's headline inflation rate, but the Reserve Bank remains focused on underlying price pressures. AAP · Nov 26, 2024
Return of the 'Tariff Man' Plus: Are tariffs inflationary, RIP to a giant of the free market movement, and more... Reason · Nov 26, 2024
Stock Index Futures Gain Ahead of FOMC Meeting Minutes and U.S. Economic Data December S&P 500 E-Mini futures (ESZ24) are up +0.23%, and December Nasdaq 100 E-Mini futures (NQZ24) are up +0.29% this morning as investors assessed the implications of U.S. President-elect Donald Trump’s pledge to impose additional tariffs on China, Mexico, and Canada, while also awaiting the Federal Reserve’s November meeting minutes,… Barchart · Nov 26, 2024
Rate Cut Consideration In December 'Reasonable': Fed's Kashkari Federal Reserve's Kashkari cutting interest rates in December is "reasonable." International Business Times · Nov 26, 2024
3 Key Analyst Upgrades: Why These Stocks Are Getting a Boost Retail investors have a chance to break down the reasons behind the latest analyst upgrades and why they're being made in these three stocks. MarketBeat · Nov 26, 2024
Stock Index Futures Muted as Bond Yields Climb on Trump Tariff Threat, Fed Minutes in Focus December S&P 500 E-Mini futures (ESZ24) are down -0.05%, and December Nasdaq 100 E-Mini futures (NQZ24) are down -0.07% this morning as Treasury yields climbed following President-elect Donald Trump’s pledge to impose additional tariffs on China, Mexico, and Canada. Barchart · Nov 26, 2024
Trump Says He Will Impose 25% Tariffs On Canada, Mexico On First Day Of Office And Extra Tariffs On China Until They 'Pay Attention' On Monday, Trump plans a 25% tariff on Mexico and Canada imports, citing border issues, raising economic and inflation concerns. Benzinga · Nov 26, 2024
The Independent UK · Nov 26, 2024 Price warning as 17-month run of falling shop inflation ends Overall food inflation slowed to 1.8% from October’s 1.9%
The Independent UK · Nov 26, 2024 17-month run of falling shop inflation ends amid warnings of price rises Overall shop prices are now 0.6% cheaper than a year ago, but have risen from October’s 0.8% cheaper, according to the BRC and NielsenIQ.
Barchart · Nov 25, 2024 Dollar Tumbles with Bond Yields as Trump Nominates Bessent as Treasury Secretary The dollar index (DXY00 ) on Monday fell by -0.70%. The dollar tumbled Monday after President-elect Trump picked Scott Bessent as the new US Treasury Secretary. Bessent is seen as a fiscal hawk and favors less government spending and more gradual tariffs, a negative factor for the dollar. Also, Bessent’s...
StockNews.com · Nov 25, 2024 3 Consumer Staples Stocks to Buy for Safety and Growth Despite inflationary pressures, the consumer staples industry is poised for steady growth, driven by health trends and digital transformation. Therefore, it could be wise to buy top consumer staples stocks Walmart (WMT), US Foods Holding (USFD), and PriceSmart (PSMT) for safety and growth. Keep reading….
The Guardian - UK · Nov 25, 2024 Cop29 deal fails to consider inflation so is not tripling of target, economists say Experts say financial movements mean poor nations will in effect get billions less in value from £300bn pledge
The Guardian - UK · Nov 25, 2024 Trump tariff on China could lower global inflation, says UK economist Bank of England’s Swati Dhingra says threatened 60% tariff could lead exporters to cut prices elsewhere
Barchart · Nov 25, 2024 Dollar and Gold Slump on Nomination of Bessent as Treasury Secretary The dollar index (DXY00 ) today is down by -0.61%. The dollar is falling today after President-elect Trump picked Scott Bessent as the new Treasury Secretary, who is seen as a fiscal hawk and favors less government spending and more gradual tariffs. Bessent’s nomination eases concerns about Trump’s inflationary agenda,...
Evening Standard · Nov 25, 2024 Bank of England must be ‘vigilant’ to signs of slowdown, says deputy governor Clare Lombardelli said some recent UK economic data showed possible signs of weaker growth.
Barchart · Nov 25, 2024 Stocks Set to Open Higher as Investors Cheer U.S. Treasury Pick, Fed Minutes and Inflation Data in Focus December S&P 500 E-Mini futures (ESZ24) are up +0.45%, and December Nasdaq 100 E-Mini futures (NQZ24) are up +0.57% this morning as investors welcomed Scott Bessent’s nomination as U.S. Treasury Secretary, while also awaiting the publication of the minutes of the Federal Reserve’s latest policy meeting as well as the…
The Guardian - UK · Nov 25, 2024 Britain faces ‘talent drain’ of visual artists as earnings fall by 40% since 2010 Report says funding cuts, inflation and rise of AI contributing to median income dropping to £12,500
Top News · Nov 24, 2024 Sen. Manchin Criticizes Biden's Advisors, Warns Of Inflation Senator Joe Manchin criticizes President Biden's economic decisions, warns about inflation risks, and emphasizes bipartisan cooperation in balancing stimul...