About: josephine
Recent Posts by josephine
Market awaits US Nonfarm Payrolls
US stocks declined higher on Thursday, struggling for direction and saw a lot of instability near a key technical level as traders awaited the all-important jobs report for clues on the Federal Reserve’s next policy steps. The persistent optimism and tepid US data continued to support the Federal Reserve’s monetary policy pivot and dragged the Continue Reading
Fed Reserve: Future policy tightening is expected
US stocks advanced higher on Friday, regaining upside momentum and ended with a slight gain for the day after shrugging off Federal Reserve warnings that there was more policy tightening to come. Treasury yields rose again after hawkish comments from Fed policymakers as they reiterated their commitment to taming inflation down. St. Louis Fed President Continue Reading
Markets await Fed next move
US stocks dropped lower on Monday, witnessing some downside traction and dropped as investors parsed comments from Federal Reserve officials who broadly remained steadfast in their fight against inflation. Investors are closely watching what Fed speakers say about the outlook for interest rates, as several central bank officials in recent days have restated their intention Continue Reading
Fed signalling a slower pace of rate hikes
US stocks rebounded sharply on Tuesday, regaining upside momentum and ending their previous slide as investors adjusted their expectations in response to Federal Reserve officials indicating that they’ll continue to raise interest rates but are open to slowing their tempo. The market’s expectations of softer rate hikes from the Federal Reserve continued to provide support Continue Reading
Market mood improved as Fed policymakers discussed slowing rate hikes
US stocks advanced higher on Wednesday, preserving their upside momentum and ended the session higher after the Federal Reserve’s latest meeting minutes showed most officials backing slowing the pace of interest-rate hikes soon. Investors’ market mood improved as the Federal Reserve (Fed) officials discussed the need of slowing down the interest rate hikes. The US Continue Reading
