Market Overview - Page 128

The July US income and spending statistics showed a 1.1% increase in revenue after a 0.2% increase in June and a 0.2% forecast. Such growth is positive for the economy, suggesting that it will keep growing. On the other hand,.

German Import prices are growing at a rate of 15% y/y, according to the latest Destatis data. Such an acceleration in the growth rate of this indicator has been observed only in the 1970s. Previously, the record growth rate was.

Stock futures rose early Friday ahead of the Federal Reserve’s annual Jackson Hole symposium with investors looking for more details into the central bank’s plans to taper monetary stimulus. Futures on the Dow Jones Industrial Average gained 90 points, or.

For the Federal Reserve, implementing the easiest monetary policy in the institution’s history was tough enough. Getting out will be no treat, either. That is what the central bank faces on its road ahead. Investors on Friday will hear more.

President Joe Biden on Thursday vowed to complete the evacuation of Americans and their allies from Afghanistan after a deadly terror attack near Kabul’s airport took the lives of more than a dozen U.S. service members and many Afghans. “We.

It is not an exaggeration to say that the future of the markets is now tied to Powell’s Jackson Hole speech. Much more so in the currency market, which is often influenced by interest rate trends and expectations. The Fed.

Gold lost ground for the third day in a row, retreating to $1785 an ounce after another failed attempt to break above $1800. Such dynamics of the precious metal runs counter to rising demand for many commodities, which indicates bearish.

The World Bank has become the latest international organization to pause aid disbursements to Afghanistan following the Taliban’s takeover. The Islamic militant group has controlled the Afghan capital of Kabul for more than a week now. It marked the collapse.

The world’s biggest crypto exchange Binance is not capable of being supervised properly and poses a significant risk to consumers, Britain’s Financial Conduct Authority (FCA) said in a document published on Wednesday. The exchange has come under pressure from regulators.

U.S. stocks climbed higher Wednesday, helped by banks and reopening stocks as the 10-year Treasury yield climbed higher. The Dow Jones Industrial Average rose 106 points. The S&P 500 added about 0.3% to touch 4,500 for the first time, and.

China expert George Magnus disagrees with Bridgewater Associates’ Ray Dalio on Beijing’s tech crackdown. In a LinkedIn post this month, Dalio said investors were misconstruing a clampdown by China on sectors including fintech, online tutoring and food delivery as “anti-capitalist.”.

OnlyFans said Wednesday it has “suspended” plans to ban pornography, in a stunning U-turn that came after fierce backlash from its users. A spokesperson for the online subscription platform told CNBC that the proposed changes were no longer required “due.