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Yesterday was Fed day and it didn’t disappoint.After spending the morning in the red, the S&P 500 turned positive after the Fed raised interest rates by the widely expected 0.75% and said...
Weaker equities and a stronger US Dollar – suggest Chair Powell did not offer the passage to the downshift that investors were pining for and now puts the onus for any market rebound squarely on...
Although oil giant, BP (LON:BP) reported third quarter earnings were lower than the previous quarter. The result beat analysts' expectations as the wholesale oil price was lower. The London...
Federal Reserve unlikely to pivot Dow has failed to hold breakouts above 200-day in 2022 Index's impressive rally means bears require confirmation Speculation that the Federal Reserve might shift to a...
Aside from today's rate hike, attention on October jobs report If below estimated 191,000, it will build hopes for a Fed pivot on rates If close to or above September’s 263,000, Fed will stay...
The S&P 500 finished lower by 30 bps, despite rising by more than 1% at the open yesterday. The market fell after the hotter-than-expected JOLTS data showed 10.7 million job openings versus a...
The S&P 500 squandered a really nice +1% open Tuesday and finished -0.4% in the red. Ouch. While this performance would normally give me pause near recent highs because this price action often...
It was a tale of two tapes yesterday as the positive vibes from an earlier-than-expected China reopening narrative and a dovish RBA were unwound as US ISM and JOLTS data in the US came out stronger...