Initial jobless claims fall to lowest level since July! Expectations of a US recession cool down, "soft landing" is on the table.
The number of initial unemployment claims in the United States has been declining for two consecutive weeks, and the latest initial unemployment claims have dropped to the lowest level since early July.
Retail Sales Breakdown: Electronics, Appliances, and Personal Care Shine as Big-ticket Categories Lag
Express News | US July Retail Sales MoM +1.0% Vs +0.3% Forecast, Prior -0.2%
Exchange-Traded Funds, Equity Futures Higher Pre-Bell Thursday as Rate Cut Hopes Grow Stronger
US Morning News Call | Stock Futures Edge Higher as Investors Gained Confidence in Signs of Easing Inflation
Applied Industrial Q4 2024 GAAP EPS $2.64 Beats $2.52 Estimate, Sales $1.160B Miss $1.185B Estimate
Nomura favors options strategy in Q2: buying a large amount of put options on S&P 500 and Russell 2000 ETF, heavily betting on Nvidia's volatility.
According to a disclosure by the US Securities and Exchange Commission (SEC), Japanese financial giant Nomura, announced its holding positions report (form 13f) for the second quarter ending June 30, 2024.
US CPI is finally below 3% for the first time in three years. It's time to worry about other things.
Risks of housing inflation remain, signs of soaring oil prices may bring huge impact, and Fumio Kishida's withdrawal from the election exacerbates economic uncertainty.
US Inflation Eases for Fourth Straight Month
"Anti-inflation task completed"! Experts call for the Fed to cut interest rates: rental normalization has begun.
Economists say a key indicator shows that prices are returning to normal levels.
Dollar Trades Steady After Brief Fall on Inflation Data -- Market Talk
Fed committee member 'loosens lips': 'holds an open attitude' towards rate cut in September, can't risk relaxing policy too late
FOMC voter and President of Atlanta Federal Reserve, Bostic, stated that action must be taken as soon as possible considering the continuing cooling of the labor market and the lagging of central bank policy. It is worth noting that just the day before this statement, Bostic reaffirmed his position of rate cuts at the end of the year.
FTSE 100 Seen Opening Higher as Inflation Data Fuels Rate-Cut Bets -- Market Talk
The market in a rush and the cool CPI.
Something that is already within expectations may no longer be the key. With inflation steadily entering a downward trend, the market's focus may gradually shift to the basis for the Federal Reserve's assessment of the economic situation.
Reading Into US' July CPI Data
US Stock Futures Tick Higher After Softer-than-expected CPI Data
Dollar Soft as Ebbing US Inflation Sets the Stage for Rate Cuts
Will July Retail Sales Confirm a Soft Landing -- or Fuel Recession Fears?
What Latest Inflation Data Says About How Much the Fed Will Cut Interest Rates
Stocks Rise as CPI 'Checks the Box' for Fed Cut