The Market Screener Marketscreener
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- Business
Here's the audio version of the daily Wall Street column of Marketscreener, to take the temperature of financial markets every morning at the opening of the stock exchange.
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All eyes on the Fed - June 10, 2024
While Wall Street changes its forecast on key interest rates again and again, Europe sees a rise in the far-right protest vote in parliament. The week will be marked by two central bank meetings, including the eagerly-awaited US Fed meeting.
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The job report just threw a spanner in the works - June 7, 2024
Investors were eagerly awaiting one of their favorite data, that has the power to take markets to new records, or get them to recede. I’m talking about the monthly US employment figures - known as the NFP report.
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The first rate cut - June 6, 2024
The ECB has cut rates for the first time since 2019, from 4% to 3.75%. This is the first rate cut among the world's largest economic blocs and investors are happy, although they want to know more about the bank’s future monetary policy.
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The odds of rates getting cut in 2024 may be better than you think - June 5, 2024
On the eve of a highly-anticipated U.S. monthly employment report, of a likely ECB rate cut and equity markets are still confused, but cautiously optimistic.
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Just when you think you've got it all figured out... June 4, 2024
It's often said that bad economic news is good news for equity markets, but that didn't work out so well yesterday. Bad news remained bad news. But perhaps the equity markets are also confused by being bombarded with contradictory data.