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US macro data has not deteriorated, but market falling in anticipation of a decline: Anurag SinghAnurag Singh from Ansid Capital notes that while US companies are exceeding Q4 expectations, their cautious guidance for upcoming quarters ...
Recession looming? Goldman Sachs CEO David Solomon’s two-word response brings big relief; here's what he saidGoldman Sachs CEO David Solomon downplays recession fears, stating the chances are "very small." He says this despite rising economic conce...
Trump may have found a way to force US Federal Reserve to lower interest ratesPresident Trump seeks to leverage fiscal policy to influence the Federal Reserve into lowering interest rates. By pursuing $1 trillion in s...
US economy seen shining on election eve amid robust consumer spendingThe U.S. economy is expected to have grown at a solid pace in the third quarter due to lower inflation and strong wage gains. Consumer spen...
Gold climbs on Fed rate-cut optimism, eyes on US dataGold prices increased on Thursday due to expectations of a U.S. interest rate cut and a weaker dollar. Traders are awaiting jobs data and a...
Traders brace for more volatility after jobless claimsTraders are bracing for continued market volatility, with significant attention on Thursday's report regarding US jobless claims. The optio...
Gold steadies ahead of key U.S. dataThe U.S. dollar index fell 0.1%, making greenback-denominated gold less expensive for foreign currency holders.
US yields lower after GDP data, Fed commentsGross domestic product increased at a 5.2% annualized rate last quarter, revised up from the previously reported 4.9% pace, and the fastest...
Fed set to double its economic growth forecast after strong US economic dataFollowing a string of stronger-than-expected reports on everything from consumer spending to residential investment, economists have been b...
US retail sales miss expectations, but core sales strongRetail sales rose 0.4% last month, the Commerce Department said on Tuesday. Data for March was revised slightly lower to show sales droppin...
3 sectors Ajay Bagga is bullish on for next weekThe situation is quite grim globally. The US Federal Reserve is expected to hike rates at least 3 more times, in March, May and June. Also,...
Why US is no longer heading for a recession but is actually in a recessionHistory shows that serious Fed tightening usually leads to a recession. Hence, some analysts forecast a recession by the end of the Fed's t...
Dollar left defenceless by dovish Federal ReserveFed Chair Jerome Powell quashed speculation about an early tapering of asset buying.
Best of times, or the worst? A voter's guide to the American GDPThe Trump campaign in recent days briefly ran Facebook ads that tout the unreleased GDP numbers, pre-loading them into Facebook's system ah...
Brave New World: Is huge shorting of dollar a reversal signal?Either we are on the cusp of near-term reversal or we will have some sideways correction.
When will U.S. economy bottom? Economists hunt for the right viewThe economic crisis spawned by the coronavirus pandemic has produced a wave of grim U.S. data, with likely more to come as millions lose jo...
Fed knows better than to be fooled by 'soft' dataThe employment numbers are likely more important than the GDP tracking estimates at this juncture.