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Market Talk - Friday, June 3
June 03, 2022
Germany’s Bundestag, the lower house of parliament, on Friday approved the creation of the 100 billion euro ($107.2 billion) special defense fund in response to Russia’s invasion of Ukraine.
Via
Talk Markets
Market Talk - Thursday, June 2
June 02, 2022
Private payrolls in the U.S. fell short of estimates after rising by 128,000 this May. Analysts had anticipated a rise of 299,000.
Via
Talk Markets
Market Talk - Wednesday, June 1
June 01, 2022
Available job openings in April fell from 455,000 in April to 11.4 million, the Bureau of Labor Statistics reported this Wednesday.
Via
Talk Markets
Market Talk - Tuesday, May 31
May 31, 2022
As inflation sits at 8.3%, the Federal Reserve has made a commitment to lower inflation to the best of their ability by raising interest rates at a sustainable pace.
Via
Talk Markets
Market Talk - Friday, May 27
May 27, 2022
The core personal consumption expenditures price index, the Fed’s main tool for examining inflation, rose 4.9% this April on an annual basis.
Via
Talk Markets
Market Talk - Thursday, May 26
May 26, 2022
The European Union can still strike a deal on a Russian oil embargo in the coming days or look to “other instruments” if no agreement is reached.
Via
Talk Markets
Market Talk - Thursday, May 19
May 19, 2022
The oil markets had a green day today.
Via
Talk Markets
Market Talk - Wednesday, May 18
May 18, 2022
The Dow experienced its most significant decline since 2020 this Wednesday. All of Wall Street turned red during trading after poor earnings reports contributed to a sell-off.
Via
Talk Markets
Market Talk - Tuesday, May 17
May 17, 2022
The Commerce Department reported on Tuesday at sales in the US rose 0.9% in April. The figure is not adjusted for inflation and experts warn consumers are dipping into savings to cover the increased...
Via
Talk Markets
Market Talk - Monday, May 16
May 16, 2022
Fitch Ratings predicts home prices will experience a mid-single-digit decline in 2022. This comes as the St. Louis Fed announced that the average home price during Q1 was $428,700.
Via
Talk Markets
Market Talk - Friday, May 13
May 13, 2022
Federal Reserve Bank of St. Louis President James Bullard stated that he would like the Federal Reserve to raise rates by 3.5% by the end of the year.
Via
Talk Markets
Market Talk - Thursday, May 12
May 12, 2022
More troubling inflation data was released today by the Bureau of Labor and Statistics.
Via
Talk Markets
Market Talk - Wednesday, May 11
May 11, 2022
The declining buying power of the dollar is hurting American workers. Real wages fell 0.1% last month and have dropped 2.6% over the past year.
Via
Talk Markets
Market Talk - Tuesday, May 10
May 10, 2022
The much-anticipated inflation report will be released tomorrow morning, and the markets are preparing for another 8% or a higher rise.
Via
Talk Markets
Market Talk - Monday, May 9
May 09, 2022
A new survey by the Federal Reserve released today shows that consumers in the U.S. are a bit more optimistic about inflation.
Via
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Market Talk - Friday, May 6
May 06, 2022
Britain is facing the risk of stagflation after the Bank of England warned that surging energy prices will drive inflation to 10% by the end of the year as the economy stumbles.
Via
Talk Markets
Market Talk - Wednesday, May 4
May 04, 2022
In the most hawkish move in 20 years, members of the FOMC voted to raise the benchmark to 0.75-1%.
Via
Talk Markets
Market Talk - Tuesday, May 3
May 03, 2022
The Labor Department reported a record number of Americans quitting their jobs in March.
Via
Talk Markets
Market Talk - Friday, April 29
April 29, 2022
The Canadian economy grew 1.1% in February, the fastest upward movement in a year, as the nation moves away from COVID restrictions that dampened business.
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Talk Markets
Market Talk - Thursday, April 28
April 28, 2022
The U.S. economy shrank by 1.4% during Q1 according to newly released data. The U.S. trade deficit soared 17.8% in March to a record-breaking $125.3 billion.
Via
Talk Markets
Market Talk - Wednesday, April 27
April 27, 2022
The oil markets had a mixed day today.
Via
Talk Markets
Market Talk - Thursday, April 21
April 21, 2022
Fed Chair Powell said that a 50-point basis point hike in May is not off the table, stating that he wants to move “a little more quickly”.
Via
Talk Markets
Market Talk - Wednesday, April 20
April 20, 2022
Home prices in March have already experienced cooling, according to a report released by the National Association of Realtors.
Via
Talk Markets
Market Talk - Tuesday, April 19
April 19, 2022
Moderna brought a new product to market this Tuesday after releasing clinical data of a “newer” COVID-19 vaccine.
Via
Talk Markets
Market Talk - Thursday, April 14
April 14, 2022
Consumer spending reached a high in March, according to newly released CPI data. Retail sales in the US rose 0.5% from the month prior and 6.9% from last year.
Via
Talk Markets
Market Talk - Wednesday, April 13
April 13, 2022
Wednesday brought more alarming inflation news. The Producer Price Index (PPI) in the US rose 1.4% in March, marking an 11.2% YoY increase.
Via
Talk Markets
Market Talk - Tuesday, April 12
April 12, 2022
The Consumer Price Index soared 8.5% in March year-on-year, according to the report released by the Labor Department on Tuesday.
Via
Talk Markets
Market Talk - Monday, April 11
April 11, 2022
The White House issued a warning – the next inflation report will be “extraordinarily elevated”.
Via
Talk Markets
Market Talk - Friday, April 8
April 08, 2022
Bank of America issued a warning that “inflation always precedes recessions,” and is preparing for the worst.
Via
Talk Markets
Market Talk - Thursday, April 7
April 07, 2022
The White House implemented more sanctions on Russia this Thursday that could have a larger impact on the U.S. economy.
Via
Talk Markets
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