USOIL Cautious After Another PMI Disappointment from China
Chinese factory activity contracted for fourth straight month, suppressing USOIL today, but heads towards it best month in over a year as authorities have pledged stimulus measure
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Chinese factory activity contracted for fourth straight month, suppressing USOIL today, but heads towards it best month in over a year as authorities have pledged stimulus measure
The German Index hit fresh all-time highs after the European Central Bank hiked rates on Thursday, as Ms Lagarde opened the door to a pause, in a dovish press conference
The Bank of Japan kept rates at -0.1% and the QQE in place, but will now conduct Yield Curve Control (YCC) with greater flexibility, in a somewhat confusing tweak
Watch today’s US Open for insights on the latest policy decisions by the US Fed and its European counterpart (ECB), the strong quarterly results by social media giant Meta Platforms and more
The Facebook-parent company has been on a roll this year, with cost-cutting measures, renewed attention to AI and launch of a new platform and Wednesday’s Q2 results reinforced this narrative
The central bank raised rates as widely expected, but offered no guidance around the policy path, setting us up for an uncertain autumn
The two rivals in the Artificial Intelligence (AI) arena reported overall strong results on Tuesday, although Microsoft’s forward guidance disappointed markets
Watch today’s US Open for insights China’s economic support pledge, the Fed’s upcoming policy decision, Big Tech earnings and more
China’s Politburo pledged to boost the economic recovery on Monday, following months of disappointing data, helping USOil enter its fifth straight profitable week
The social media giant is having a very good year, with improved financials, cost cutting measures and a renewed focus on Artificial Intelligence. However, pitfalls still loom, ahead of the July 26 Q2 earnings
The US Fed makes another pivotal policy decision on Wednesday July 26, following last month’s hold and not long after the latest US CPI report that showed a deceleration in inflation
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