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If the market can safely negotiate this week’s three major clearing events, the S&P 500 benchmark should rally toward the 7,900 to 8,000 level, one closely followed strategist says.
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TOP STORY: US Treasuries rallied as a sharp decline in oil prices helped ease inflation fears, giving Treasury secretary Scott Bessent some relief after months of rising long-term borrowing costs…
US Treasury secretary Scott Bessent’s decision to ramp up purchases of long-dated government debt is raising concerns among investors that fiscal policy could increasingly conflict with the Federal…
Global crude oil prices declined as hopes grew that shipping through the Strait of Hormuz could gradually resume, but the … Read More The post Petrol Discount Unlikely in Pakistan Despite Hormuz Shock…
Derek Halpenny at MUFG says the August RBA minutes and stronger-than-expected monthly CPI reinforce the risk of an earlier rate hike than markets currently price.
Oil prices slid in early European trade on fresh Middle East optimism, while Nasdaq futures fell as investors anticipate Nvidia’s narrative-setting earnings and U.S. inflation data.
