Aussie shares on track for third straight day of losses The Australian share market has dropped 0.46 per cent ahead of the US Federal Reserve meeting and following hotter-than-expected Canadian inflation data. AAP · Sep 20, 2023
FTSE 100 Live: ‘Bank of England meeting just got interesting’, blue-chips close highest since May, Fed holds The Bank of England will today reveal whether interest rates are going up for a 15th meeting in a row. Evening Standard · Sep 20, 2023
Public sector reforms may spell budget blues for NSW NSW Treasurer Daniel Mookhey's budget figures could be in jeopardy, with interest rate rises impacting inflation in the year ahead. AAP · Sep 20, 2023
Investors cut bets on UK interest rate rise after surprise fall in inflation – as it happened Odds of an increase in UK interest rates on Thursday fall below 50%, after inflation rate dropped unexpectedly in August to an 18-month low The Guardian - UK · Sep 20, 2023
Inflation falls unexpectedly to lowest rate in 18 months Drop in cost of food and accommodation offset higher petrol prices The Independent UK · Sep 20, 2023
Price rise relief after inflation dips to 6.7% in August Core inflation, which excludes food and energy prices, fell to 6.2 per cent, shocking economists and likely putting an interest rate pause on the table when the Bank of England meets on Thursday Evening Standard · Sep 20, 2023
Inflation fall gives Bank of England knife-edge interest rate decision Financial markets give more than 50% chance of cost of borrowing remaining unchanged for first time in almost two years The Guardian - UK · Sep 20, 2023
October dates for benefits, pensions and cost of living payments Lower Energy Price Cap coming into effect this autumn but stubborn inflation means further interest rate hike likely to continue to place strain on mortgage holders The Independent UK · Sep 20, 2023
September dates for benefits, pensions and cost of living payments Inflation falling but not swiftly enough to prevent further interest rate rise making life tougher for mortgage holders The Independent UK · Sep 20, 2023
What will Federal Reserve do next? Any hint of future rate hikes will be key focus of latest meeting The Federal Reserve is set to leave its key interest rate unchanged Wednesday as it seeks to guide the U.S. economy toward a “soft landing” of cooling inflation without triggering a deep recession The Independent UK · Sep 20, 2023
Stocks Fall Ahead of FOMC Meeting Results on Wednesday What you need to know… The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed down -0.22%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.31%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.22%. Stocks fell on Tuesday’s weak U.S. housing starts... Barchart · Sep 19, 2023
Top analyst Ed Yardeni raises the odds of recession to 25% citing oil prices rising to $94 and a potential repeat of 1970s-style stagflation If oil prices rise to and remain above $100 per barrel, Yardeni fears we could see a repeat of the inflationary 1970s. Fortune · Sep 19, 2023
Why the Bull Market is Still in Charge? It’s been nearly 2 months that the S&P 500 (SPY) has been mired in a trading range. That is why investment veteran Steve Reitmeister shares his latest insights to explain why a bull market is still in place...and how to target the best stocks and ETFs for the days ahead.… StockNews.com · Sep 19, 2023
Living in the 70s: why Australia's dominant model of unemployment and inflation no longer works As we approach the release of Monday’s employment white paper we can expect to hear a lot about something called the NAIRU – the so-called Non-Accelerating Inflation Rate of Unemployment. The Conversation · Sep 19, 2023
StockNews.com · Sep 19, 2023 2 Entertainment Stocks to Buy This Week, 1 to Sell The gaming industry is set for growth due to broader internet access and rising user numbers. Therefore, entertainment stocks SciPlay (SCPL) and Playtika (PLTK) could be solid buys now. However, fundamentally weak stocks like Roblox (RBLX) could be avoided amid inflationary pressures. Read on….
StockNews.com · Sep 19, 2023 3 Retail Stocks to Bag for Profits, 1 to Keep an Eye On With easing inflation and a rise in consumer spending, the specialty retail industry’s prospects look bright. Therefore, investing in three fundamentally sound retail stocks, Sally Beauty Holdings (SBH), Winmark Corp (WINA), and The ODP Corp (ODP), could be profitable. However, investors could keep an eye on Envela Corp (ELA) for…
Barchart · Sep 19, 2023 Will the FOMC Raise Interest Rates One Last Time this Year? The markets are unanimously expecting the FOMC at its 2-day meeting that begins today to leave its funds rate target range unchanged at 5.25%/5.50%. However, the markets are still on guard for one last rate hike this year. Specifically, the markets are discounting the odds at 29% that the FOMC...
Evening Standard · Sep 19, 2023 Bank of England should speed up interest rate cuts to avoid further pain City Voices: Higher interest rates and more people out of work means there is just less money to go around
Barchart · Sep 19, 2023 Stocks Fall as Crude Oil Surge Complicates the FOMC’s Task What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.49%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.44%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.80%. Stocks are falling on this morning’s weak U.S. housing...
Barchart · Sep 19, 2023 S&P Futures Plunge Ahead of FOMC Meeting, Oil’s Climb Raises Inflation Concerns December S&P 500 futures (ESZ23) are trending down -0.51% this morning as market participants geared up for a big week for central banks, with the spotlight on the Federal Reserve’s interest rate decision on Wednesday.
Barchart · Sep 19, 2023 S&P Futures Tick Lower Ahead of FOMC Meeting, Oil’s Climb Raises Inflation Concerns December S&P 500 futures (ESZ23) are trending down -0.05% this morning as market participants geared up for a big week for central banks, with the spotlight on the Federal Reserve’s interest rate decision on Wednesday.
Barchart · Sep 19, 2023 Markets Today: Stocks Little Changed as FOMC Expected to Announce a Hawkish Pause Morning Markets December E-Mini S&P 500 futures (ESZ2 3) and Dec Nasdaq 100 E-Mini futures (NQZ2 3) this morning are little changed. Stock index futures this morning are little changed but are seeing downward pressure from this morning’s weak U.S. housing starts report and today’s +3.8 bp rise in the...
The Guardian - UK · Sep 19, 2023 Crude oil tops $95 a barrel raising fears of return to rising inflation Oil price is bad news for central banks trying to tame inflation and will add to pressure to further increase interest rates
Evening Standard · Sep 19, 2023 The Bank of England should be brave and pause interest rate rises City Comment: Rate-setters should look past Wednesday’s inflation figures
Barchart · Sep 19, 2023 S&P Futures Tick Higher Ahead of FOMC Meeting, Oil’s Climb Raises Inflation Concerns December S&P 500 futures (ESZ23) are trending up +0.12% this morning as market participants geared up for a big week for central banks, with the spotlight on the Federal Reserve’s interest rate decision on Wednesday.