Market News United States Goldman Sachs expects US companies to achieve their highest quarterly profits in 3 years, which will ultimately lead to an increase in the performance of US stock market indices. US Labor Market Losing Steam As Unemployment Rate Climbs To 4.1% The U.S. Department of Labor reported robust job growth in June, with non-farm payrolls increasing by 206,000, compared to an estimated 190,000. Average hourly earnings rose by 0.3% month-ove...
Betting on the yen's strengthening became a favored strategy over the past year as the Bank of Japan(BOJ) was set to wrap up an eight-year period of negative interest rates in the face of rising inflation. Yet, rather than appreciating, the yen continued to weaken subsequent to theend of negative interest rates. On April 24th, the Japanese yen continued its slump against the US dollar, breaching the key level of 155 fo...
Inflation in Singapore declined from a peak in September 2022 to 3.4% by February 2024. Despite a slight rise in February, above January's 2.9%, this was mainly due to increased costs during the Lunar New Year, including higher airfares, holiday expenses, and rising food prices. The Singapore Central Bank has kept its monetary policy steady for the third time in a row, expecting inflation to ease later in the year, suggesting potent...
$Taiwan Semiconductor (TSM.US)$stands as a titan in the semiconductor industry, renowned for its advanced chip fabrication capabilities. As TSMC announces substantial capital expenditures to expand and upgrade its manufacturing facilities, the ripple effect is set to benefit a wide array of suppliers in the semiconductor ecosystem. Its suppliers can be categorized into several key areas: Equipment Suppliers: $ASML Holding (ASML.US)$: A leadin...
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Goldman Sachs expects US companies to achieve their highest quarterly profits in 3 years, which will ultimately lead to an increase in the performance of US stock market indices.
US Labor Market Losing Steam As Unemployment Rate Climbs To 4.1%
The U.S. Department of Labor reported robust job growth in June, with non-farm payrolls increasing by 206,000, compared to an estimated 190,000. Average hourly earnings rose by 0.3% month-ove...
On April 24th, the Japanese yen continued its slump against the US dollar, breaching the key level of 155 fo...
Equipment Suppliers:
$ASML Holding (ASML.US)$: A leadin...
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