The SEC has given Bitcoin ETFs the green light, so what does this mean for investors? Google cuts hundreds of jobs in Assistant, engineering, and hardware teams. Citigroup’s profit is set to take $3.8 billion hit. (AI Video Summary) CPI on deck In tod...
7 months agoMarket Recap Above-expectations producer price index (PPI) readings out of the US last Friday contributed to some inflation jitters following the earlier consumer price index (CPI) scare, leading Wall Street to end the week in the red for the first time i...
7 months agoMarket Recap A hotter-than-expected print in US January consumer price index (CPI) data kept Wall Street on the backfoot overnight, as market participants recalibrated their rate expectations to price for a later timeline for Federal Reserve (Fed)’s rate...
7 months agoUS stock markets tumbled this week as rising geopolitical tensions and more hawkish Fed speak raised questions around the scope and depth of possible Fed rate cuts. After striking a fresh record high early in the week, the ASX 200 erased all of las...
6 months agoAsia Open The Asian session looks set for a positive start to the new week, with Nikkei +1.33%, ASX +0.26% and KOSPI +0.14% at the time of writing. This comes as Wall Street took the robust US March job report in stride to end last week, choosing to focus...
6 months agoUS stock reaction to last Friday's NFP report US stock markets rebounded on Friday, supported by Megatech, despite a firmer-than-expected jobs report that saw yields end the week at their highest closing level this year. Within the details of Friday's non...
6 months agoThe dollar The USD was relatively stable on Monday. The dollar basket briefly jumped on Friday at the release of March non-farm payrolls before paring its gains. Investors now look ahead to US inflation data on Wednesday. The consumer price index is expec...
6 months agoOil prices fall more than 1% as Middle east tensions ease, while gold prices continue to trade near record highs. (AI Video Summary) Today's market overview In a comprehensive market update ahead of Wall Street's opening, the discussion on today's edi...
6 months agoAPI crude oil inventories are due. Plus, Imperial Brands releases its latest trading statement. (AI Video Summary) Upcoming market data In today's "Look ahead" Angeline Ong previews financial events for Tuesday, 9 April. She focuses on expected market...
6 months agoCountdown to US CPI release this week to drive Fed’s rate expectations The new trading week is met with some wait-and-see in Wall Street, as reservations kicked in ahead of the upcoming US consumer price index (CPI) release, which will play a crucial role...
6 months agoThe US earnings season is just around the corner with Citigroup, Wells Fargo and JPMorgan Chase & Co set to report. Plus, are airlines set to struggle to keep up with summer demand amid a lack of planes? (AI Video Summary) US earnings season close...
6 months agoPlus, the EU's tech rules look like they are having an impact on Apple. (AI Video Summary) Hotter-than-expected CPI rates In today's edition of "Beat the street", Angeline Ong discusses the anticipation of the PPI number, Boeing's whistleblower allega...
6 months agoChina CPI numbers come at a time when cracks in the country’s property market are growing. Plus, Constellation Brands reports quarterly earnings. (AI Video Summary) A busy Thursday ahead In today's "Look ahead" video, Angeline Ong previews significant...
6 months agoTematica CIO Chris Versace says he thinks the Fed can sit and wait on rates for now, without having to cut until the risk of rising inflation has truly eased. (AI Video Summary) Discussing hotter-than-expected US CPI number In this interview, Chris Ve...
6 months ago