A strong US dollar is expected to persist in the near future despite possible Federal Reserve rate cuts.
From Yahoo Finance: A Reuters poll of foreign exchange strategists indicates that a strong US dollar will likely persist in
Category: Markets
Stocks fell ahead of Powell's speech due to concerns that easing financial conditions may delay future rate cuts.
From Investing.com: Stocks dropped ahead of Jay Powell’s speech today, with concerns that easing financial conditions could delay future rate
Gold hits a record high of $2,141.59 per ounce due to expected U.S. monetary policy changes and geopolitical risks.
From: Barchart.com In the midst of volatile markets, gold has reached a record high of $2,141.59 per troy ounce, driven
Asian stocks fell due to China's weak economic forecast and concerns about U.S. interest rates.
From Investing.com: Most Asian stocks dropped on Wednesday due to a weak economic forecast from China and concerns over U.S.
Asian and US markets drop as iPhone sales in China decrease by 24%, impacting Apple and other Tech shares.
From Business Standard: The stock market is expected to open lower with Sensex and Nifty eyeing a lower start due
Dow Jones, S&P 500, and Nasdaq futures were stable; CrowdStrike, Box, and Couchbase saw strong earnings; Fed Chief Powell expected to testify; market direction uncertain.
From Investor’s Business Daily: Dow Jones futures, S&P 500 futures, and Nasdaq futures were little changed after hours. The stock
U.S. stock index futures dropped slightly as investors anticipate new economic data and Fed Chair Powell's testimony.
From Barchart: March S&P 500 E-Mini futures (ESH24) are down -0.25% and March Nasdaq 100 E-Mini futures (NQH24) are down
Art Share 002 S.A. extends its private placement offer period for 550,000 Class B shares until March 6, 2024.
From GlobeNewswire: Luxembourg-based company, Art Share 002 S.A., has extended its offer period for the private placement of 550,000 Class
General Motors, Magna International, and Wipro Limited are developing SDVerse, a B2B sales platform for automotive software.
From Nasdaq: General Motors, Magna International, and Wipro Limited have partnered to create SDVerse, a B2B sales platform for automotive
The Bank of Canada is expected to raise its neutral interest rate, potentially impacting the economy and businesses with increased borrowing costs.
From Yahoo Finance: The Bank of Canada is expected to raise its estimate of the neutral interest rate by 25
US stock futures dip ahead of key economic data and speeches from Fed policymakers, causing major technology stocks like Apple and Tesla to slide.
From Nasdaq: U.S. stock index futures dipped on Tuesday ahead of key data releases and Fed Chair Jerome Powell’s testimony
Oil prices fell due to extended OPEC+ production cuts, while Chevron's deal for Hess faces potential Exxon challenge.
From Morningstar: Oil prices declined as OPEC+ extends production cuts due to weak demand outlook. Saudi Arabia, UAE, Kuwait, and
Traders predict benefits from slow rate cuts by the Fed, showing optimism for stock market gains.
From Investing.com: Recently, the focus in the market has been on rate cuts and the potential impact on stocks. Traders
Asian stocks and Hang Seng drop due to unimpressive outlook on China's economy, tech profit-taking, and uncertainties over interest rates.
From Investing.com: Most Asian stocks fell as investors took profits in the tech sector, with China’s economic outlook dragging down
Nifty and Sensex gain for the fourth consecutive session, while US markets fall and Asia trades mixed.
From Moneycontrol: The market closed higher for the fourth consecutive session on March 4, with Nifty hitting a new high
NYCB is facing financial trouble due to risk monitoring weaknesses, with a $552 million loss leading to a 73% share drop and a credit downgrade to junk status.
From Yahoo Finance: NYCB, once seen as a success story for its robust lending to NYC landlords, is now facing