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Market Overview - Page 130


German election campaign heats up as Merkel’s conservatives slide
German election campaign heats up as Merkel’s conservatives slide

The campaign over who will replace German Chancellor Angela Merkel heated up on Sunday after a new opinion poll showed the center-left Social Democrats (SPD) opening up a bigger lead over Merkel’s conservatives. Support for the SPD rose two points.

Biden says an attack at the airport in Kabul is ‘highly likely’ in the next 24 to 36 hours
Biden says an attack at the airport in Kabul is ‘highly likely’ in the next 24 to 36 hours

President Joe Biden said in a statement Saturday that his national security team warned an attack at the airport in Kabul is “highly likely in the next 24-36 hours.” “The situation on the ground continues to be extremely dangerous, and.

US PCE Inflation stays highest since 1991
US PCE Inflation stays highest since 1991

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 grew at the fastest pace since 1970s
German import prices grew at the fastest pace since 1970s

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 up ahead of Fed’s Jackson Hole symposium
Stock futures up ahead of Fed’s Jackson Hole symposium

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.

The pressure is on for Powell and the Federal Reserve to manage the exit from ultra-easy policies
The pressure is on for Powell and the Federal Reserve to manage the exit from ultra-easy policies

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.

Biden vows to complete Afghanistan evacuation, hunt down ISIS leaders after Kabul attack
Biden vows to complete Afghanistan evacuation, hunt down ISIS leaders after Kabul attack

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.

The dollar and markets fate tied to Powell’s speech today
The dollar and markets fate tied to Powell’s speech today

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 confirms the bearish scenario
Gold confirms the bearish scenario

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.

World Bank halts aid to Afghanistan, ‘deeply concerned’ on prospects for women
World Bank halts aid to Afghanistan, ‘deeply concerned’ on prospects for women

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.

Binance can’t be supervised properly, says UK financial watchdog
Binance can’t be supervised properly, says UK financial watchdog

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.

S&P 500 rises to another record on Wednesday, Dow jumps 100 points
S&P 500 rises to another record on Wednesday, Dow jumps 100 points

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.

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