Market Overview - Page 172

There is probably less than meets the eye from the startling inflation pop in April, as goods impacted by a variety of temporary influences pushed core price increases at the quickest pace since the Reagan presidency. Headline inflation rose by.

US inflation data caused a surge in volatility. The general price index rose 0.8% for April, against expectations of 0.2% and 0.6% in March. The rate of price increases continued to pick up last month, contrary to expectations of stabilisation..

Yesterday we saw a correction in equities developing in the markets. This provided temporary support for the Dollar index, which stabilised close to its February lows, near 90. It looks like we are only seeing a brief consolidation in the.

There is a new momentum of pressure on technology stocks in the markets, which showed up in a 2.5% drop of the Nasdaq on Monday. Meanwhile, Dow Jones Industrial Average lost just 0.1% over the same period. The pressure on.

China’s population grew at its slowest since the 1950s as births declined, sowing doubt over Beijing’s ability to power its economy as it succumbs to the same ageing trends afflicting developed nations like Japan. With growth having ebbed ever since.

Most Asia-Pacific markets came under pressure on Tuesday , following a sell-off in tech stocks that weighed down major U.S. indexes overnight. Stocks in Taiwan led declines across the region, with the benchmark Taiex ending the trading session 3.79% lower..

JPMorgan Asset Management is bullish on Chinese technology stocks even though regulators are cracking down on internet giants in the mainland. Shares of major Chinese tech companies such as Alibaba, JD.com and Meituan have tumbled this year as Beijing moved.

Nasdaq futures slipped early Tuesday morning after investors punished Big Tech stocks during the regular session and pushed both the Dow Jones Industrial Average and the S&P 500 off record levels. S&P 500 futures traded 0.8% lower, while those tied.

The month of May promises to be a ground-breaking one for Big Oil. Oil and gas majors on both sides of the Atlantic are preparing to hold their annual shareholder meetings in the coming weeks. It comes at a time.

GBPUSD is rallying, adding more than 1% today up to 1.4150 on reports that UK Prime Minister Boris Johnson has ruled out the possibility of a Scottish referendum. However, the elected Scottish leader Nicola Sturgeon says a new referendum is.

Friday’s US labour market report delivered a notable blow to the dollar, likely confirming the prevailing downward trend in the near term. The US labour market added 266K jobs for April, down sharply from 770K a month earlier and from.

The US employment report shockingly shows an increase in employment of only 266K for April. This is around four times lower than average forecasts had suggested. Manufacturing lost 18K jobs while construction kept the number of employees. The total private.