Palantir Climbs Higher Following $250M Government Contract: The Bull, Bear Case
Palantir confirmed a new uptrend on Wednesday by forming a higher high.
Brazil’s Economy Grows More Than Expected as Interest Rate Falls
Brazil’s central bank recently lowered its interest rate by 50 basis points to 12.75% making its second consecutive rate cut.
ECB Delivers 10th Hike as Lagarde Won’t Quite Confirm Rate Peak
On Thursday, September 14, The European Central Bank raised interest rates for the 10th consecutive time as President Christine Lagarde signaled a shift in gear that could mean the peak has been reached.
Why America's Deficit Doubled to $2 Trillion in One Year
The United States government will run a deficit of around $2 trillion, double last year's number, for the fiscal year that ends in just over three weeks.
U.S. Consumer Spending Accelerates, but Declining Savings a Concern
U.S. consumer spending increased by the most in six months in July as Americans bought more goods and services
Swiss Giant UBS Posts Record Q2 2023 Net, but Most Comes from Acquisition Related Negative Goodwill
Since the completion of the acquisition of Credit Suisse by Switzerland's largest bank, UBS (UBS) has posted a profit of $28.88 billion in Q2 2023.
Fed, Economists Make Course Correction on U.S. Recession Predictions
The first two quarters of 2022 had seen U.S. economic output contract at a 1.6%
Thailand’s 2023 Inflation Forecast to Be 1-2%, the Lowest in ASEAN
Thailand’s inflation rate is the lowest among the seven ASEAN countries which have already announced their rates
“Magnificent Seven” Stocks to Buy First in August
When volatility picks up, investors have a tendency to gravitate to trusted companies that have a history of outperforming the broad-market indexes.
Foreigners are Net Sellers of Japanese Bonds for Third Straight Week
Foreign investors were net sellers of Japanese bonds last week, as local bond prices fell after the Bank of Japan tweaked its bond yield curve control scheme to allow interest rates to rise more freely in line with increasing inflation.
Private Sector Added 324,000 Jobs in July, Well Above Expectations, ADP Says
Private sector companies added far more jobs than expected in July, pushed higher by a boom in leisure and hospitality jobs, payroll processing firm ADP reported on Wednesday, August 2.
G20 environment meeting ends without agreement on climate crisis
Environment ministers from G20 nations have failed to agree on ways to curb emissions and other crucial measures to address the global climate crisis ahead of the UN climate change conference at the end of the year.
World Gold Council's Mid-Year Report: Gold Maintains Resiliency in H1
On July 6, 2023, the World Gold Council (WGC) released its 2023 Mid-Year Outlook, revealing that a “strong first half for gold is likely to give way to a more neutral H2.”
Morgan Stanley Raises Economic Growth Forecast, Citing Biden Infrastructure ‘Boom’
Morgan Stanley raised its economic growth forecast up this week, citing a "boom in large-scale infrastructure" driven by President Biden’s Infrastructure bill, according to reports.