Browsing: category: Macro Economic Events
Bank Of Canada Cuts Rates Again As Inflation, Labor Market Cool: Canadian Stocks Rebound, Loonie Strengthens – Bombardier (OTC:BDRBF), Bausch Health Companies (NYSE:BHC)
The Bank of Canada (BoC) reduced its key policy rate by 25 basis points to 4.25% on Wednesday, marking the…
Trump’s 100% Tariff Plan For Dollar Dominance Could Backfire, Warns Expert: ‘That Changes Everything’
Donald Trump’s proposal to enforce dollar dominance in global trade might lead to economic disruption and potentially weaken the U.S.…
Bank Of America Warns Energy Could Be ‘Cheap For A Reason,’ Highlights Utilities As Defensive Play – SPDR Select Sector Fund – Energy Select Sector (ARCA:XLE), SPDR Select Sector Fund – Utilities (ARCA:XLU)
Bank of America has reshuffled its sector outlooks, raising Utilities to “overweight” while downgrading Energy to “market-weight.” The changes come…
Small Caps, Bitcoin Rally As Traders Await Fed Rate Cut; Treasury Yields, US Dollar Tick Up On Strong Retail Sales: What’s Driving Markets Tuesday? – SPDR Dow Jones Industrial Average ETF (ARCA:DIA)
Wall Street experienced a slightly positive session Tuesday, supported by investor optimism as the Federal Open Market Committee (FOMC) kicked…
Rate Cuts Coming: Is It The Perfect Time For Homebuyers To Strike Big Deals? – D.R. Horton (NYSE:DHI), AdvisorShares Gerber Kawasaki ETF (ARCA:GK)
The U.S. housing market has been tumultuous due to persistent interest rate hikes. However, an upward revision of U.S. gross…
Powell’s Dovish Stance Ignites Rally In Stocks Craving Lower Borrowing Costs: 3 ETFs Positioned For Fed Rate Cuts – Arhaus (NASDAQ:ARHS), Builders FirstSource (NYSE:BLDR)
Certain exchange-traded funds, or ETFs, experienced a significant surge following Fed Chair Jerome Powell’s speech at the Jackson Hole Symposium.…
Oil Prices Drop As Gaza Ceasefire Talks Progress, China Releases Weak Economic Data – United States Oil Fund (ARCA:USO)
Oil prices, tracked by the United States Oil Fund USO, dropped sharply Friday morning, with West Texas Intermediate (WTI) light…