China’s Q1 GDP exceeds expectations amid policy support, but all is not well April 16, 2024 China's economy surged by an impressive 5.3% in the first quarter, surpassing market forecasts and sparking optimism for a revival in manufacturing.
FTSE 100 today: London markets brace for lower start amid Middle East geopolitical turmoil April 15, 2024 Asian stocks fell amidst Middle East tensions post Iran's attack on Israel, while gold rose as a safe haven. Oil and Bitcoin saw declines. Investors are watching UK CPI, US retail sales, and earnings from Goldman Sachs, Bank of America, Blackstone, American Express, and Netflix.
FTSE 100 today: London markets braced for quiet start; Q1 earnings and UK monthly GDP in spotlight April 12, 2024 Asian stocks remain quiet, gold hits new highs, and oil prices climb. Amazon reaches a record peak, while Fed officials remain wary of rate cuts. Focus now turns to Q1 earnings, the UK monthly GDP for February, and the preliminary US Michigan Consumer Sentiment Index for April.
FTSE 100 today: London markets to open red as odds of Fed rate cut dwindle after hot US inflation April 11, 2024 Asian markets mirrored Wall Street's slide amid global interest rate concerns. The yen dipped below ¥153 against the dollar, reflecting market unease, while Chinese inflation edged up in March. Investors scaled back expectations for Federal Reserve rate cuts. The focus is on the European Central Bank's policy decision and US producer price data.
China’s consumer inflation dips below expectations in March, calls grow for policy stimulus April 11, 2024 China's consumer prices rose slightly in March compared to the previous year but didn't meet economists' expectations, revealing ongoing challenges in stimulating domestic demand for the world's No. 2 economy.
FTSE 100 today: London set to open red as investors dial back rate cut bets, US inflation in focus April 10, 2024 Asian markets stayed subdued, while oil prices remained steady and gold prices rose. Boeing faced whistleblower allegations, and the New Zealand central bank kept rates unchanged. All attention now turns to the imminent release of the US Consumer Price Index (CPI) and the Federal Reserve's meeting minutes.
Fitch downgrades China’s outlook to negative, finance ministry voices regret April 10, 2024 A US-based rating agency, Fitch, downgraded its long-term perspective on China to negative, in the late hours of Tuesday, while maintaining the country's A+ credit rating.
FTSE 100 today: London markets brace for quiet session ahead of US inflation data, Q1 earnings April 9, 2024 US stocks closed mixed, while Asian markets climbed. Oil prices rose, and most Asian currencies weakened against the dollar. Precious metals surged. Investors are now focusing on upcoming US inflation data and Federal Reserve minutes following a strong March jobs report.
US Fed rate cut hopes fade: Odds of a June cut fall to 50:50 April 9, 2024 Investors hoped for big US Federal Reserve interest rate cuts this year, but now it's unclear if even half of what was expected will happen.
FTSE 100 today: London shares set for quite open; focus shifts to US inflation and Q1 earnings season April 8, 2024 Asian stocks showed mixed results with the Nikkei rebounding and China facing property woes. Major Asian currencies weakened. Gold prices slipped from their record high last week, while bitcoin saw a rise in value. All eyes are now on US inflation data and the start of first quarter earnings season.
