SPX500 Weighed as Recession Fears Creep Back In
After a strong start to the week, the index came under pressure as a series of poor jobs data sparked fresh fears of economic slowdown, with markets now turning to the upcoming NFPs
Senior Financial Editorial Writer
Nikos Tzabouras is a graduate of the Department of International & European Economic Studies at the Athens University of Economics and Business. With extensive experience in market analysis and a strong foundation in international relations, he brings a unique perspective to financial markets. Nikos emphasizes not only technical analysis but also on fundamentals and the growing influence of geopolitics on financial trends.
As a Senior Financial Editorial Writer, he delivers comprehensive and forward-looking insights across a wide range of asset classes, including equities, commodities, and currencies. His work explores how macroeconomic events, political developments, and global policies impact market dynamics, providing readers with a deeper understanding of both short-term movements and long-term trends.
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After a strong start to the week, the index came under pressure as a series of poor jobs data sparked fresh fears of economic slowdown, with markets now turning to the upcoming NFPs
The pair dropped on Tuesday after Australia’s central bank paused its rate-hike cycle and remains downbeat amidst broader risk aversion, ahead of the US jobs report
Take a look at some corporations that will be on our focus over the coming months, as the second quarter and the new earnings season get underway against a highly uncertain backdrop, due to the recent banking turmoil
The central bank of New Zealand stayed the course with another 50 basis points rate hike, against baseline expectations for a smaller move, boosting the Kiwi
Watch today’s US Open for commentary on OPEC’s surprise oil production cuts that sent prices higher, the pause in the tightening cycle by the Reserve Bank of Australia and more
The commodity stays on the front foot after Monday’s jump, which was sparked by the surprise oil production cuts announced on Sunday by a series of OPEC+ countries
The central bank of Australia decided today to leave rates unchanged at 3.6%, following ten straight hikes since the May 2021 lift-off, putting AUD/USD under pressure
Oil jumped after Saudi Arabia and other oil producing countries, in a surprise move, announced production cuts in excess of one million barrels/day
Today’s data showed that UK GDP expanded by a lackluster 0.1% in Q4 q/q, with the Index subdued as it heads towards a profitable week, but losing month
The pair slides after factory activity in China eased and heads towards the conclusion of a mixed month, awaiting today’s UC PCE inflation update
The commodity runs its second positive week, rebounding from its recent plunge as sentiment improves, but markets now brace for Friday’s US PCE inflation update
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