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Asia mid-session: Equities rally despite stagflation fears as Canada reopens trade talks; US dollar weakness further
BySilas WUS equity markets continued their bullish climb on Friday, 27 June, defying renewed stagflation risks. Core PCE inflation for May rose to 2.7% y/y (above April’s 2.6% and consensus), while personal spending contracted -0.1% m/m—the first decline since January, highlighting the impact of tariffs and economic uncertainty on consumer demand. The S&P 500 (+0.5%) and…
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EURNZD Technical Analysis And Short Term Forecast
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David Tepper put his money behind his mouth | Forexlive
BySilas WCredit to David Tepper. Whenever someone goes on TV like he did in late September to pump stocks it raises some red flags. We are seeing some very dubious promotions in crypto lately and the stock market has a long history of the same. He went on CNBC on September 26 and talked about Chinese…
Dow Jones – 03.12.2024 – Orbex Forex Trading Blog
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