Market Opinion
Stocks Teeter on Edge: Investors Hold Breath for Fed’s Cue while Bond Supply Looms In a week fraught with anticipation, U.S. stocks managed to inch up, resembling a tightrope walker navigating a tricky line, as investors eagerly awaited the Federal...
Market Opinion
The Asian Pacific stocks are tuning into the trading week on a high note as U.S. investors jam out to the recent slowdown in American job growth, interpreting it as a signal that interest rates might’ve hit their highest note. At 10:15 am AEDT (11:00 pm GMT),...
Market Opinion
Wall Street Parties as Fed Hints at ‘Rate Hike’ Farewell, Stocks Do the Cha-Cha with Earnings’ Beat The Wall Street spectacle turned into a financial fiesta as the three main stock indexes did the salsa, rallying nearly 2% on Thursday. Cheers echoed...
Market Opinion
Oil prices bounce back from a one-month low amidst doubts over rate hikes, denting the dollar’s strength The recent jump in oil prices from a one-month low can be attributed to several factors. Weak U.S. economic readings and comments from the Federal Reserve...
Market Opinion
US Crude Stockpiles Rise While Fuel Inventories Do a Sleight of Hand According to the latest revelations from the American Petroleum Institute (API), US crude stockpiles might have sauntered up by as much as 1.3 million barrels last week. It seems that not only did...
Market Opinion
Stock Market’s Standoff Might Finally Crack, Forecaster Tom Lee Predicts According to the bullish Wall Street prophet, Tom Lee of Fundstrat, the stock market might stage a triumphant comeback this week, breaking free from months of turbulence. Lee points to key...
