The potential for a wage spiral seems exaggerated. The employment cost index is 1.0% q/q. This is lower than the forecast of 1.1% q/q and the previous 1.2% q/q. Tomorrow, the Fed will hike by 25bps and release its statement. The lower than anticipated costs will be welcomed by the central bank.
The index slides as markets gear up for the Fed’s policy decision and earnings reports from tech heavyweights such as Meta, Apple, Amazon and Alphabet
Watch this video for insights on this week’s upcoming quarterly results from tech giants Meta Platform, Apple, Amazon and Alphabet, following a challenging 2022
Tesla’s record revenues and overall strong financial results helped Wall Street yesterday, but SPX500 is cautious today as markets brace for the PCE Inflation update
Watch today’s US Open for insights on the latest earning by EV king Tesla, recent inflation surge in Australia, the technical Death Cross in USD/JPY and more
The EV giant delivered strong financial results for Q4, touting strong demand, despite a widening production/delivery gap
Watch today’s US Open for insights on this week’s key market themes, upcoming earnings and the technical outlook of NAS100, Netflix and other assets
The US index is cautious after its two-day rally, as markets expect earnings from tech giant Microsoft and EV king Tesla
The king of the electric vehicle market had a rollercoaster ride in 2022 and markets are now eagerly awaiting the upcoming quarterly earnings, due on Wednesday January 25
The tech-heavy index consolidates last week’s rally, as investors await a series of speeches by Fed officials ahead of the communication blackout and the latest earnings by streaming giant Netflix
Watch today’s US Open for commentary on the upcoming policy decision by the Bank of Japan, as well as the technical outlook of EUR/USD and other assets
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