The minutes from the Federal Reserve's November meeting have been released, and the upcoming PCE price index and GDP data are expected to provide the latest clues regarding the Fed's interest rate outlook.
According to the Federal Reserve's latest release of the November FOMC Minutes, Federal Reserve official expressed a tendencyfor "gradual" interest rate cuts in the future, with a possibility of pausing. Fed offici...

On November 13, the U.S. Bureau of Labor Statistics will release CPI data for October at 8:30 a.m. ET.
Economists expect the overall CPI to rise by 2.6% in October, up from 2.4% in the previous month. Excluding food and energy, the core CPI is anticipated to record a third consecutive monthly increase of 0.3%, maintaining a year-over-year rise of 3.3%—approximately one percentage point above its pace before the pandem...

Although people often focus on the presidential election, congressional elections are also a focal point of contention between the Democratic and Republican parties. U.S. presidential election is held only every four years, while elections for Congress occur every two years—with all 438 seats in the House of Representatives and one-third of the 100 Senate seats up for grabs. On Election Day, ...

U.S. Treasury yields saw their largest weekly increase in weeks, with the 10-year U.S. Treasury yield rising to 4.2% as the market adjusted its expectations for Federal Reserve rate cuts and assessed the possibility of a soft landing for the U.S. economy.
In an interview last Wednesday, Stanley Druckenmiller, a former colleague of George Soros and now Chairman and CEO of a family office, stated ...

ASML Holding will release its earnings on October 16th. Analysts expect ASML's revenue to grow by 7.31% and EPS to increase by 1.08% year-over-year, reversing the decline in EPS seen in the previous two quarters. Bloomberg analyst Masahiro Wakasugi said that ASML might meet analyst estimates for 3Q sales and operating profit as services sales were probably up versus a year earlier. He m...

Since Apple's shares hit a new high in July, its stock price has been hovering around $230. The delay in the release of the Apple Intelligence feature, along with rising manufacturing costs for the iPhone and weak sales, are the main reasons why Apple's stock price has not been able to break through.
▶ Material costs of iPhone 16 Pro Max are 7% higher than its predecessor
R...

On October 10, the U.S. Bureau of Labor Statistics will release CPI data for September at 8:30 a.m. ET.
Economists expect the overall CPI to rise by 0.1% in September, which will bring the annual rate to 2.3%, equal to the inflation rate immediately before the pandemic in February 2020. The core CPI is also expected to increase by 0.2% in September. The 12-month change rate of the core CPI is expected to ...

China's stock market has extended its rally this week following new stimulus measures announced by the People's Bank of China aimed at revitalizing the struggling economy, despite a pullback on Thursday.
Todd Rosenbluth, Head of Research at VettaFi, joins Wealth! to discuss strategies for investors to engage in the China trade without focusing on individual stocks.
"For much of the year, China has underperformed the broader emerging markets...