Goldman Sachs economists expect inflation figures for April to be roughly in line with consensus estimates. Specifically, the Wall Street giant projects a 0.28% increase in the core consumer price…
Latest News
-
-
Editor's PicksTop News
Dow Jones, Nasdaq, S&P 500 weekly preview: CPI report, retail earnings in focus
On Friday, the Dow Jones Industrial Average (DJIA) concluded its eighth straight day of gains, marking its best week in 2024. The index increased by 125.08 points, or 0.32%, finishing…
-
Shares of AMC Entertainment (NYSE:AMC) and GameStop (NYSE:GME) have surged Monday, with many investors wondering why. As of 10:23 am ET, AMC has jumped 18%, while GameStop has popped by a much…
-
Investing.com – The U.S. dollar drifted marginally lower Monday, consolidating after recent swings as the focus turned squarely to upcoming U.S. inflation data for more cues on interest rates. At…
-
Investing.com — Wall Street looks set to start the week on a positive note, but trading ranges are likely to be tight ahead of the release of key inflation data…
-
Editor's PicksTop News
GS: Unprofitable growth stocks to remain under pressure from higher interest rates
Recent years have seen the performance of unprofitable growth stocks heavily influenced by the trajectory of inflation and interest rates. This sensitivity is primarily due to their long duration profiles…
-
By Florence Tan SINGAPORE (Reuters) -Oil prices extended declines on Monday amid signs of weak fuel demand and as comments from U.S. Federal Reserve officials dampened hopes of interest rate…
-
(Reuters) -Global central banks are starting to break away from the pack as rate cuts roll out across Europe while borrowing costs in the U.S. may stay higher for longer,…
-
By Vladimir Soldatkin MOSCOW (Reuters) – Kremlin-owned energy kingpin Gazprom (MCX:GAZP), once Russia’s most profitable company, could face a long period of poor performance as it struggles to fill the…
-
By Brigid Riley TOKYO (Reuters) -The dollar consolidated against major peers on Monday as market participants awaited U.S. inflation data to assess the prospects of interest rate cuts this year.…