economy
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Home Page – About Me News Today(2/12): US CPI at 8:30 AM and Powell Testifies against before Congress Highlights: US CPI came in significantly higher than expected (0.5% vs. 0.3%), triggering a strong market reaction as it pushed rate cut expectations further back in the year. According to the FedWatch tool, the odds of no…
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Home Page – About Me News Today(2/6): Eurozone Retail Sales at 5:00 AM; BOE Interest rate decision at 7:00 AM; Eli Lilly(1.27% of S&P500) earnings before Market Open; Amazon(4.43% of S&P500) earnings after Market Close Highlights: The Bank of England (BoE) cut rates by 25bps, which was expected, but more members voted for a cut…
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Home Page – About Me News Today(2/4): Pfizer, PepsiCo, Spotify and PayPal earnings before Market Open, US JOLTS Job Openings at 10:00 AM, AMD, Google(GOOGL + GOOG – 4.24% of S&P500) earnings after Market Close Highlights: No further tariff-related developments led to a full reversal of USD appreciation, bringing it back to pre-tariff levels. While…
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Home Page – About Me News Today(2/3): US Core PCE 8:30 AM, Fed Member Bowman speech at 8:30 AM, US GDP at 8:30 AM, Exxon(0.93% of S&P500) and Chevron(0.51% of S&P500) Earnings before market open Highlights: Over the weekend, former President Trump announced a 25% tariff on imports from Canada, Mexico, and China, set to…
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Home Page – About Me News Today(1/31): US Core PCE 8:30 AM, Fed Member Bowman speech at 8:30 AM, US GDP at 8:30 AM, Exxon(0.93% of S&P500) and Chevron(0.51% of S&P500) Earnings before market open Highlights: US Core PCE, a key gauge for inflation, came in line with expectations, while personal spending remained higher than…
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Home Page – About Me News Today(1/30): Germany GDP at 4:00 AM, Eurozone GDP at 5:00 AM, ECB Interest rate decision at 8:15 AM, ECB Press Conference at 8:45 AM, US GDP at 8:30 AM, Mastercard(0.87% of S&P500) Earnings before market open, Apple(7.00% of S&P500), Visa(1.12% of S&P500) and Intel(0.17% of S&P500), and Earnings after…
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Home Page – About Me News Today(1/29): BOE Governor Bailey Speech at 9:15 AM, BoC Interest rate decision at 9:45 AM, BoC Press Conference at 10:30 AM, Fed Interest rate decision at 2:00 PM, FOMC Press Conference at 2:30 PM, Meta(2.82% of S&P500), Tesla(2.18% of S&P500), Microsoft(6.34% of S&P500), and IBM(0.41% of S&P500) Earnings after…
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Home Page – About Me News Today(1/28): ECB President Lagarde Speech at 12:00 PM, BOJ Monetary Policy minutes at 18:50 PM Highlights: Trump reiterated plans to impose tariffs specifically on computer chips, pharmaceuticals, and steel, which led to USD appreciation, as shown in the plot below. After yesterday’s panic-driven tech selloff following DeepSeek’s reports, markets…
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Home Page – About Me News Today(1/27): US New Home Sales at 10:00 AM Highlights: DeepSeek, a Chinese version of ChatGPT that uses lower-performing Nvidia chips and significantly less data, caused a massive sell-off today after becoming the most downloaded app on the App Store. Nvidia, which had its best year last year due to…
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Home Page – About Me News Today(1/6): Eurozone Services PMI at 4:00 AM and Germany CPI at 8:00 AM Highlights: As the first full trading week began and liquidity returned to normal, FX pairs made a strong recovery against the USD around 5 AM. This followed Friday’s 100-pip USD rally, which happened without any major…
