Showing 73 to 84 of 428 results
BIST 100 Falls 1.21% Amidst US Tax Bill Concerns
Borsa Istanbul's BIST 100 index fell by 1.21 percent to 9,398.93 points due to global concerns about a US tax bill, causing a sell-off. Investors await Turkey's Central Bank's second inflation report today for further market direction; the bank previously projected 2025 year-end inflation at 24 perc...
BIST 100 Falls 1.21% Amidst US Tax Bill Concerns
Borsa Istanbul's BIST 100 index fell by 1.21 percent to 9,398.93 points due to global concerns about a US tax bill, causing a sell-off. Investors await Turkey's Central Bank's second inflation report today for further market direction; the bank previously projected 2025 year-end inflation at 24 perc...
Progress
32% Bias Score
Moody's Downgrade Spurs Market Volatility
Following a Moody's downgrade of the US credit rating, Wall Street's major indices closed slightly up, erasing opening losses; meanwhile, US Treasury bond yields surged, and the dollar weakened against major currencies, impacting gold and oil futures.
Moody's Downgrade Spurs Market Volatility
Following a Moody's downgrade of the US credit rating, Wall Street's major indices closed slightly up, erasing opening losses; meanwhile, US Treasury bond yields surged, and the dollar weakened against major currencies, impacting gold and oil futures.
Progress
52% Bias Score
Canada's Inflation Eases, but Core Inflation Rises
Canada's annual inflation rate fell to 1.7% in April, driven by lower energy prices after a federal carbon tax removal, while core inflation increased, reaching 13-month highs on two key measures; the Canadian dollar strengthened against the US dollar.
Canada's Inflation Eases, but Core Inflation Rises
Canada's annual inflation rate fell to 1.7% in April, driven by lower energy prices after a federal carbon tax removal, while core inflation increased, reaching 13-month highs on two key measures; the Canadian dollar strengthened against the US dollar.
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36% Bias Score
Moody's Downgrades U.S. Credit Rating, Highlighting Fiscal Concerns
Moody's downgraded the U.S. credit rating to Aa1 from AAA on August 1, 2024, citing concerns about fiscal deterioration, triggering minor market reactions but highlighting deeper investor worries about the country's rising debt and deficit.
Moody's Downgrades U.S. Credit Rating, Highlighting Fiscal Concerns
Moody's downgraded the U.S. credit rating to Aa1 from AAA on August 1, 2024, citing concerns about fiscal deterioration, triggering minor market reactions but highlighting deeper investor worries about the country's rising debt and deficit.
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48% Bias Score
Moody's Downgrade to Impact Australian Sharemarket
Moody's downgraded the US credit rating to Aa1 from Aaa, prompting concerns about rising debt and deficits; the Australian sharemarket is expected to open lower on Monday, with ASX 200 futures pointing to a 0.1 percent decline, while the Australian dollar fell to 64.11 US cents.
Moody's Downgrade to Impact Australian Sharemarket
Moody's downgraded the US credit rating to Aa1 from Aaa, prompting concerns about rising debt and deficits; the Australian sharemarket is expected to open lower on Monday, with ASX 200 futures pointing to a 0.1 percent decline, while the Australian dollar fell to 64.11 US cents.
Progress
40% Bias Score
RBA Expected to Cut Cash Rate to 3.85% on Tuesday
The Reserve Bank of Australia is expected to cut the cash rate by 0.25 percentage points to 3.85% on Tuesday, easing pressure on indebted households and potentially boosting business investment, despite some economists predicting no change or a larger cut.
RBA Expected to Cut Cash Rate to 3.85% on Tuesday
The Reserve Bank of Australia is expected to cut the cash rate by 0.25 percentage points to 3.85% on Tuesday, easing pressure on indebted households and potentially boosting business investment, despite some economists predicting no change or a larger cut.
Progress
40% Bias Score
US Stocks Dip Amidst Tariff and Debt Concerns
US stock indexes fell slightly on Tuesday, with the S&P 500 down 0.4%, Dow Jones down 114 points, and Nasdaq down 0.4%, while the Australian market is poised for a 0.6% rise. Concerns about tariffs and US debt fueled the downturn, impacting travel stocks significantly.
US Stocks Dip Amidst Tariff and Debt Concerns
US stock indexes fell slightly on Tuesday, with the S&P 500 down 0.4%, Dow Jones down 114 points, and Nasdaq down 0.4%, while the Australian market is poised for a 0.6% rise. Concerns about tariffs and US debt fueled the downturn, impacting travel stocks significantly.
Progress
36% Bias Score
US Debt Surges Past 5% After Moody's Downgrade
On Monday, the interest rate on US government long-term debt surpassed 5%, the highest since October 2023, following Moody's credit rating downgrade on Friday, citing rising debt and a new tax bill adding trillions more.
US Debt Surges Past 5% After Moody's Downgrade
On Monday, the interest rate on US government long-term debt surpassed 5%, the highest since October 2023, following Moody's credit rating downgrade on Friday, citing rising debt and a new tax bill adding trillions more.
Progress
40% Bias Score
US-China Tariff Truce Averts Crisis, but Uncertain Future Remains
The US significantly lowered tariffs on Chinese goods to 10% (BBC claims 30%) after initial threats caused market turmoil; the 90-day truce aims to avoid economic crisis but may worsen the trade deficit, setting the stage for either high tariffs and recession or low tariffs and a growth-focused stra...
US-China Tariff Truce Averts Crisis, but Uncertain Future Remains
The US significantly lowered tariffs on Chinese goods to 10% (BBC claims 30%) after initial threats caused market turmoil; the 90-day truce aims to avoid economic crisis but may worsen the trade deficit, setting the stage for either high tariffs and recession or low tariffs and a growth-focused stra...
Progress
56% Bias Score
Moody's Downgrades U.S. Credit Rating, Sending Stock Futures Lower
Moody's downgraded the U.S. credit rating from Aaa to Aa1 on Friday, citing rising federal deficits projected to reach almost 9% of the U.S. economy by 2035, causing stock futures to decline before Monday's opening bell and the U.S. dollar to weaken.
Moody's Downgrades U.S. Credit Rating, Sending Stock Futures Lower
Moody's downgraded the U.S. credit rating from Aaa to Aa1 on Friday, citing rising federal deficits projected to reach almost 9% of the U.S. economy by 2035, causing stock futures to decline before Monday's opening bell and the U.S. dollar to weaken.
Progress
40% Bias Score
Mixed April Economic Data in China: Real Estate Weakness, Consumption Strength
China's April economic data showed mixed results: new home prices fell -0.12% MoM, used home prices -0.41% MoM, property investment -10.3% YTD, residential sales -1.9% YTD; however, retail sales grew +5.1%, online retail sales +7.7% YTD YoY, and industrial production +6.1%. The jobless rate was 5.1%...
Mixed April Economic Data in China: Real Estate Weakness, Consumption Strength
China's April economic data showed mixed results: new home prices fell -0.12% MoM, used home prices -0.41% MoM, property investment -10.3% YTD, residential sales -1.9% YTD; however, retail sales grew +5.1%, online retail sales +7.7% YTD YoY, and industrial production +6.1%. The jobless rate was 5.1%...
Progress
52% Bias Score
Moody's Downgrade Increases US Borrowing Costs
Moody's downgraded the US credit rating to Aa1 on Monday due to Republican plans for tax cuts, causing long-term Treasury bond rates to surge and increasing borrowing costs for the US government, already facing a high budget deficit and debt.
Moody's Downgrade Increases US Borrowing Costs
Moody's downgraded the US credit rating to Aa1 on Monday due to Republican plans for tax cuts, causing long-term Treasury bond rates to surge and increasing borrowing costs for the US government, already facing a high budget deficit and debt.
Progress
40% Bias Score
Showing 73 to 84 of 428 results