Tag: Economic indicators
Airbnb (ABNB) Stock Plummets: Key Information for Investors
Airbnb, Inc. (ABNB) closed at $145.97 in the latest trading session, marking a -0.09% move from the prior day. This change lagged behind the...
China’s Central Bank Plans to Resume Gold Purchases Amid Price Drop
China, known as the world's largest official buyer of gold, is planning to resume purchasing gold once the prices drop from the record highs...
Russian Inflation Surges in May: Analysis and Impact on Economy
In Russia, inflation has increased in May due to the extensive public spending to support the military actions in Ukraine. This surge in government...
September Rate Cut in Question: Analyzing the CPI Fallout
September Rate Cut Uncertain: Examining the Impact of CPI ChangesThe latest report for May brought some positive news. In April, the core CPI...
What This Week’s Federal Reserve Decision Means for Stocks
The recent decision by the Federal Reserve regarding interest rate cuts has left investors reevaluating their expectations. A report showing a stronger-than-expected job market...
Fed meeting live updates: Inflation lingers, but is an interest rate...
The Federal Reserve concluded its two-day meeting with no interest rate cut in sight, disappointing those hoping for a decrease. Analysts predict that the...
Consumer Price Index (CPI) for May 2024 is Projected to Rise...
The Consumer Price Index (CPI) for May 2024 is expected to rise by 3.4% year-over-year, according to the median estimate. This projection matches the...
European markets higher ahead of Fed decision, U.S. inflation data
European markets saw a rise in trading on Wednesday as investors eagerly awaited the latest decisions from the U.S. Federal Reserve and new inflation...
Investment update | Emerging-market assets gain as traders digest key elections...
Market Update: Emerging-market assets surge following key elections
South Africa's financial sector saw significant gains in the market yesterday, with notable increases in various stocks....
Inflation data this week could help determine Fed’s timetable for rate...
Key Factors to Determine Fed's Rate Cut TimetableAfter the Federal Reserve officials convene this week, it is anticipated that the statement they release could...