Mixed Global Market Reaction to ECB Rate Cut and Asian Economic News
Global markets showed mixed results Thursday, with European markets slightly up, US futures slightly down, and Asian markets rising on positive economic news from China. The ECB is expected to cut interest rates, and the Fed may cut rates next week.
Mixed Global Market Reaction to ECB Rate Cut and Asian Economic News
Global markets showed mixed results Thursday, with European markets slightly up, US futures slightly down, and Asian markets rising on positive economic news from China. The ECB is expected to cut interest rates, and the Fed may cut rates next week.
Progress
36% Bias Score
PPI Surges, Jobless Claims Rise: Inflation, Fed Rate Decision in Limbo
The producer price index (PPI) rose 0.4% in November, exceeding expectations, while jobless claims increased to 242,000, the highest since early October; conflicting signals raise uncertainty about the Federal Reserve's next move.
PPI Surges, Jobless Claims Rise: Inflation, Fed Rate Decision in Limbo
The producer price index (PPI) rose 0.4% in November, exceeding expectations, while jobless claims increased to 242,000, the highest since early October; conflicting signals raise uncertainty about the Federal Reserve's next move.
Progress
44% Bias Score
Slight Inflation Uptick Likely Won't Deter Fed Rate Cut
U.S. annual inflation is expected to reach 2.7% in November, a slight increase from October, leading the Federal Reserve to likely cut interest rates by 0.25% next week despite this rise, while President-elect Trump's potential tariffs pose a significant threat to future inflation control.
Slight Inflation Uptick Likely Won't Deter Fed Rate Cut
U.S. annual inflation is expected to reach 2.7% in November, a slight increase from October, leading the Federal Reserve to likely cut interest rates by 0.25% next week despite this rise, while President-elect Trump's potential tariffs pose a significant threat to future inflation control.
Progress
32% Bias Score
Stable Inflation, Potential Rate Cut, and Tariffs Threaten Economic Outlook
US inflation held steady at 2.7% in November, prompting the Federal Reserve to likely cut interest rates for the third time this year on December 18, despite unemployment ticking up to 4.2%. President-elect Trump's proposed tariffs, however, pose a threat to future inflation control.
Stable Inflation, Potential Rate Cut, and Tariffs Threaten Economic Outlook
US inflation held steady at 2.7% in November, prompting the Federal Reserve to likely cut interest rates for the third time this year on December 18, despite unemployment ticking up to 4.2%. President-elect Trump's proposed tariffs, however, pose a threat to future inflation control.
Progress
40% Bias Score
Inflation Data Bolsters Expectations for Fed Rate Cut
November's inflation data matched expectations, increasing the likelihood of a Federal Reserve rate cut to 99% on December 18th while inflation remains above the Fed's 2% target. Shelter costs comprised 40% of the November increase; however, smaller monthly increases in rent indices suggest future e...
Inflation Data Bolsters Expectations for Fed Rate Cut
November's inflation data matched expectations, increasing the likelihood of a Federal Reserve rate cut to 99% on December 18th while inflation remains above the Fed's 2% target. Shelter costs comprised 40% of the November increase; however, smaller monthly increases in rent indices suggest future e...
Progress
40% Bias Score
US Inflation Rises to 2.7% in November, Complicating Fed Rate Cut
US inflation rose to 2.7% annually in November 2024, exceeding October's rate and driven by food and energy price increases, though shelter inflation continued to decline; this complicates the Federal Reserve's planned rate cut next week.
US Inflation Rises to 2.7% in November, Complicating Fed Rate Cut
US inflation rose to 2.7% annually in November 2024, exceeding October's rate and driven by food and energy price increases, though shelter inflation continued to decline; this complicates the Federal Reserve's planned rate cut next week.
Progress
44% Bias Score
Wholesale Inflation Rises, Exceeding Expectations Despite Fed Rate Cut
US wholesale prices increased 0.4% in November, exceeding forecasts, with food costs rising 3.1% due to higher fruit, vegetable, and egg prices; this follows a 2.7% increase in consumer prices, yet the Federal Reserve is still expected to cut interest rates next week.
Wholesale Inflation Rises, Exceeding Expectations Despite Fed Rate Cut
US wholesale prices increased 0.4% in November, exceeding forecasts, with food costs rising 3.1% due to higher fruit, vegetable, and egg prices; this follows a 2.7% increase in consumer prices, yet the Federal Reserve is still expected to cut interest rates next week.
Progress
36% Bias Score
Fed Rate Cut Likely Next Week, Pending Inflation Data
Traders anticipate another Federal Reserve interest rate cut next week, with an 86% likelihood according to the CME FedWatch Tool, pending this week's CPI and PPI reports expected to show increases of 0.3% and 0.2%, respectively. The decision is also influenced by labor market concerns and political...
Fed Rate Cut Likely Next Week, Pending Inflation Data
Traders anticipate another Federal Reserve interest rate cut next week, with an 86% likelihood according to the CME FedWatch Tool, pending this week's CPI and PPI reports expected to show increases of 0.3% and 0.2%, respectively. The decision is also influenced by labor market concerns and political...
Progress
44% Bias Score
U.S. Inflation Remains Stagnant, Raising Concerns for Federal Reserve
U.S. inflation remains stagnant in November, with analysts predicting a 0.3% month-on-month and 3.3% year-on-year increase in core CPI, prompting concerns about the Federal Reserve's ability to lower interest rates and concerns about the economic impact on various income groups.
U.S. Inflation Remains Stagnant, Raising Concerns for Federal Reserve
U.S. inflation remains stagnant in November, with analysts predicting a 0.3% month-on-month and 3.3% year-on-year increase in core CPI, prompting concerns about the Federal Reserve's ability to lower interest rates and concerns about the economic impact on various income groups.
Progress
36% Bias Score
Inflation Data Supports Expected Federal Reserve Rate Cut
The November CPI rose 0.3% month-over-month and 2.7% year-over-year, while core CPI increased 0.3% and 3.3%, respectively, aligning with expectations and paving the way for another Federal Reserve rate cut next week.
Inflation Data Supports Expected Federal Reserve Rate Cut
The November CPI rose 0.3% month-over-month and 2.7% year-over-year, while core CPI increased 0.3% and 3.3%, respectively, aligning with expectations and paving the way for another Federal Reserve rate cut next week.
Progress
40% Bias Score
CPI Meets Expectations, GM Ends Cruise, Macy's Lowers Outlook
Wall Street is poised for growth after November's CPI report met expectations, while General Motors ended its Cruise robotaxi service due to competition; Macy's lowered its earnings outlook amid an internal investigation.
CPI Meets Expectations, GM Ends Cruise, Macy's Lowers Outlook
Wall Street is poised for growth after November's CPI report met expectations, while General Motors ended its Cruise robotaxi service due to competition; Macy's lowered its earnings outlook amid an internal investigation.
Progress
52% Bias Score
Nasdaq Hits Record High Above 20,000 Amid Tech Surge
On Wednesday, strong tech performance, particularly in AI-related stocks, propelled the Nasdaq above 20,000 for the first time, while the S&P 500 rose almost 1%, contrasting with the weak performance of healthcare and other sectors due to proposed drug-cost legislation and a rising 10-year Treasury ...
Nasdaq Hits Record High Above 20,000 Amid Tech Surge
On Wednesday, strong tech performance, particularly in AI-related stocks, propelled the Nasdaq above 20,000 for the first time, while the S&P 500 rose almost 1%, contrasting with the weak performance of healthcare and other sectors due to proposed drug-cost legislation and a rising 10-year Treasury ...
Progress
44% Bias Score