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New Post: Round up of today’s market news - https://lnkd.in/dkF7CDjf U.S. Stocks End Mixed: Dow Rises While S&P 500 and Nasdaq Falter Modest change in the Atlanta Fed GDPNow growth Beige Book: Economic Activity Stalls as Mixed Signals Emerge Across Districts BOC Macklem: There was a strong consensus for a 25 bps cut Gold Ticks Higher on Soft U.S. JOLTS Data Oil private survey of inventory shows a headline crude oil draw much larger than expected European equity close: A second day of selling German trade lobby sounds warning as recession clouds circle China's Caixin Services PMI lower but still in expansion

New Post: Round up of today’s market news - https://lnkd.in/diUan42n US Stocks End Mixed: Dow Drops, S&P Flat, Nasdaq Up U.S. July budget deficit up 10% from a year earlier New York Fed survey of consumer expectations for July 2024 summary ICYMI on the weekend Fed's Bowman: Cautious on rate cuts, eyes upside inflation risks Gold Surges as Middle East Tensions Escalate Crude Oil Surges amid geopolitical risks OPEC slashes 2024 oil demand growth forecast on softer China outlook European indices close mixed RBA's Hauser says there is a risk the unemployment rate could rise faster than assumed

New Post: Round up of today’s market news - https://lnkd.in/dcxXgYiM US Stocks End Mixed: Dow Drops, S&P Flat, Nasdaq Up U.S. July budget deficit up 10% from a year earlier New York Fed survey of consumer expectations for July 2024 summary ICYMI on the weekend Fed's Bowman: Cautious on rate cuts, eyes upside inflation risks Gold Surges as Middle East Tensions Escalate Crude Oil Surges amid geopolitical risks OPEC slashes 2024 oil demand growth forecast on softer China outlook European indices close mixed RBA's Hauser says there is a risk the unemployment rate could rise faster than assumed

New Post: Round up of today’s market news - https://lnkd.in/dQN4VyiV Major US Indices Show Mixed Results: Nasdaq Rises, S&P and Dow Decline Fed's Kashkari: A rising budget deficit would mean interest rate would be higher Fed's Logan: Expects gradual cuts if the economy meets forecasts Silver Surges Past $34.00 Amid Middle East Tensions and US Election Uncertainty Crude oil settle at $70.56 European shares close lower. German DAX falls ECB's Kažimír says all options are on the table for December meeting UBS raised its 2024 forecast for China's full-year real GDP growth China cuts 1 and 5 year rates by 25bp each, as expected

New Post: Round up of today’s market news - https://lnkd.in/d_cJntb5 Major US Indices Show Mixed Results: Nasdaq Rises, S&P and Dow Decline Fed's Kashkari: A rising budget deficit would mean interest rate would be higher Fed's Logan: Expects gradual cuts if the economy meets forecasts Silver Surges Past $34.00 Amid Middle East Tensions and US Election Uncertainty Crude oil settle at $70.56 European shares close lower. German DAX falls ECB's Kažimír says all options are on the table for December meeting UBS raised its 2024 forecast for China's full-year real GDP growth China cuts 1 and 5 year rates by 25bp each, as expected

The Nasdaq Composite finished Thursday at its first record high since 2021. In Europe, discussions about inflation continued to be a major focus, with both overall and core inflation rates in the Eurozone declining more slowly than predicted, leading to a cautious sentiment among investors. Read my global market insights here: https://lnkd.in/dgJJMcgF

The recent events on Wall Street, particularly the response to the consumer price index (CPI) data on January 11, have provided valuable insights. Despite the CPI showing a 3.4 percent increase from last year, the market's reaction was subdued. The Dow Jones inched up, the S&P 500 dipped slightly, and the Nasdaq remained unchanged. This experience highlights the nuanced nature of market reactions and the importance of understanding various factors influencing investor sentiment. As a student, it reinforces the need for a holistic perspective, considering economic indicators, policy implications, and investor psychology. These real-world scenarios contribute significantly to my growth in comprehending the intricate interplay between economic factors and market dynamics.

Check out what's been happening with the market in our latest Weekly Market Commentary! #markets #investorinsights

*Market Cues Before Opening Bell on May 29, 2024* *Global Markets:* US Markets: The Nasdaq closed at an all-time high, while the S&P 500 and Dow ended mixed ahead of US GDP data due tomorrow. Rising bond yields put pressure on equities. Asian Markets: Regional stocks were mostly lower, except for mainland China, with Nikkei, Australia's benchmark, and Hang Seng falling. Crude Oil: Prices rose on expectations of production cuts being maintained by major producers. *Indian Market:* Indices: Sensex and Nifty are likely to open lower following cues from Asian markets and rising bond yields. Gift Nifty: Trading down 38 points, indicating a negative start. Rupee: Expected to decline at open tracking weakness in Asian peers. FII: Net buyers on May 28.

European shares at two-week high in lead-up to Fed rate decision European stocks reached a two-week high on Tuesday, driven by financials, as markets anticipated the start of the U.S. Federal Reserve's monetary easing, which may include a substantial interest rate cut. The STOXX 600 index rose 0.5% to 517.74 points, while the UK's FTSE 100 led European markets with a 0.7% increase. All sectors saw gains, with basic resources up nearly 1%, boosted by rising copper prices due to a weaker dollar and expectations of a U.S. rate cut.