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Economic Calendar

All articles tagged with #economic calendar

finance1 year ago

"Natural Gas Prices Plummet to 1.57 Amid Smaller-Than-Expected Inventory Draw"

The price of natural gas has hit a new trend low of 1.57, marking the eighth consecutive day of decline, indicating a prolonged bearish sentiment. The downtrend shows no signs of letting up, with the price testing support levels and potentially targeting lower zones. Despite being extended on the downside, the trend is expected to continue until signs of reversal appear, with the possibility of a rapid bullish reversal in the future.

via FX Empire|
#bearish-sentiment#economic-calendar#finance
finance2 years ago

Bitcoin's Resurgence Causes Stock Market Instability

Bitcoin prices reach an 18-month high, causing speculation about a bitcoin exchange-traded fund. Anxiety over the Israel-Hamas war, earnings reports from tech giants Microsoft and Google-parent Alphabet, and a crowded economic calendar with flash PMIs from various countries are likely to keep investors jittery. European bourses are expected to open lower, while treasuries and the U.S. dollar are affected by declining yields. London cocoa futures are set to test a fourth successive record high due to shrinking demand and a severe downturn in supply.

via Reuters|
#bitcoin#central-bank#earnings
finance2 years ago

"Market Watch: Fed, Earnings, and Labor Day Impact"

This week, investors will have a lighter economic calendar and a holiday-shortened week, with the focus on the Federal Reserve's upcoming interest rate decision. The US markets will be closed on Monday for Labor Day. Key highlights include updates on the services sector, the release of the Federal Reserve's Beige Book report, and a few corporate earnings reports. Last week, the US labor market showed signs of slowing, with the August jobs report indicating a rise in the unemployment rate and a drop in job openings. As a result, expectations for a rate hike at the Fed's September meeting have decreased, with markets now pricing in a 94% chance of rates remaining unchanged.

via Yahoo Finance|
#earnings#economic-calendar#federal-reserve
finance2 years ago

Stocks and Yields Rise Ahead of Fed Decision.

US stocks and bank stocks rose after First Citizens Bank agreed to buy most of Silicon Valley Bank. The S&P 500 added 0.6% and the Dow Jones Industrial Average gained 0.9%. Bond yields also rose, with the yield on the benchmark 10-year US Treasury note reaching 3.5%. Bank sentiment gained momentum, with regional bank stocks trading higher. The Senate Banking Committee will hold a hearing on bank failures on Tuesday, and the economic calendar includes the Conference Board's consumer confidence measure on Wednesday and the Fed's preferred inflation gauge, the PCE, on Friday.

via Yahoo Finance|
#bank-stocks#economic-calendar#finance