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Core CPI is more likely to surprise to the upside than to the downside on Tuesday Still, save for an outlier inflation reading, the Fed will raise rates by 50bps on Wednesday The equity market is...
Inflation, rate hike-wary markets likely to hold off on oil rebound till CPI, Fed Nov CPI forecast at 7.3% annual growth vs. October's 7.7% yearly rise Fed is seen raising rates by 50 basis points...
Unless there is a huge CPI surprise, Fed is slated to raise rates by 0.5% The Fed could make a hawkish statement, which could rile markets There are two levels of market drivers: (1) tension between...
Fed rate hike, Powell press conference, CPI inflation data in focus. Oracle shares are a buy with earnings on deck. Adobe stock set to struggle amid weak outlook. Stocks on Wall Street declined on...
Investors await short-term direction from Fed Big macro risks call for caution long-term Long-term bearish trend vs. shorter-term bullish trend After ending a streak of five consecutive negative...
Focus is likely to shift from the pace of rate hikes to their destination at the upcoming Fed meeting Currently, the market is pricing a significant amount of rate cuts in 2023. This may come at odds...
Broadcom reports Q4 earnings today after market close The stock has surged 20% from its October lows However, since reaching the top of its falling channel earlier this month, AVGO has been correcting...
The IEA says renewables will “become the largest source of global electricity generation by early 2025” However, the latest market numbers indicate otherwise Renewables are not likely to...