Market

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Global Economic Update: Key Indicators from Asia, Europe, and the United States

Asia The upcoming week will bring a flurry of economic updates across Asia, featuring significant data releases from various countries: Europe Europe will witness a series of economic reports and policy decisions: United States The United States will witness a cascade of economic releases: The anticipated diverse range of economic indicators from across continents will …

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Global Economic Highlights: Key Data Releases for the Week

Asia: On Monday, Australia will kickstart the week with the release of October retail sales data. On Tuesday, South Korea will present vital economic indicators, including November overseas figures, the final estimate of 3Q2023 gross domestic product (GDP), and November’s Consumer Price Index (CPI). China will also disclose its November Services Purchasing Managers’ Index (PMI) …

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Fed Chairman’s Remarks Boost Market Confidence, Dow Jones Closes Positively

The optimism in the market surged as Jerome Powell, the Chairman of the Federal Reserve (Fed), hinted that the US policy interest rates might have reached their peak. This encouraging sentiment resulted in a positive closure for major indices on Friday, December 1. The Dow Jones Industrial Average concluded at 36,245.50 points, showcasing an impressive …

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Global Economic Snapshot: Key Data Releases for the Week Ahead

As the week unfolds, global markets brace for a flurry of economic data releases from Asia, Europe, and the United States. Here’s a breakdown of the significant reports expected: Asia On Monday, China will unveil its industrial profits for October, setting the tone for the region’s economic performance. On Tuesday and Wednesday, South Korea will …

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Market Recap: Stocks Close Mixed Amid Light Trading on Black Friday

Amidst a shortened trading day on Black Friday following Thanksgiving, the Dow Jones closed positively, recording a slight increase of 117.12 points or +0.33%, closing at 35,390.15 points. However, the S&P500 only edged up 2.72 points or +0.06%, closing at 4,559.34 points, while the Nasdaq saw a slight dip, closing at 14,250.85 points, down by …

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Market Recap: Dow Jones Inches Up, Oil Rebounds, Gold Dips, Dollar Slips

In a week marked by cautious optimism, the Dow Jones Industrial Average closed marginally higher on Friday, extending its winning streak for the third consecutive week. The market sentiment was buoyed by prospects of a moderated slowdown in the U.S. economy, hinting at a potential soft landing. Speculation also swirled around the likelihood of the …

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Comprehensive Economic Data Anticipated Across Asia, Europe, and the United States This Week

As global economic analysts eagerly await a barrage of data releases this week, key indicators from Asia, Europe, and the United States are set to provide insights into the current state of various economies. Asia: Tuesday: Wednesday: Thursday: Friday: Europe: Tuesday: Wednesday: Friday: United States: Tuesday: Wednesday: Thursday: Friday: As market participants and policymakers closely …

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Important Economic Data to Watch This Week Across the Globe

Asia Monday: Australia will kick off the week by reporting September retail sales, shedding light on the country’s consumer spending trends. Tuesday: Wednesday: Thursday: Friday: Europe Tuesday: Wednesday: Thursday: Friday: United States Monday: The United States will report the October manufacturing index from the Dallas Fed, indicating the health of the manufacturing sector in the …

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Last Week’s Market Recap: Dow Jones Slips Amid Earnings Uncertainty and Inflation Concerns

In a week characterized by uncertainty in the financial markets, the Dow Jones Industrial Average faced downward pressure on Friday, October 27, primarily driven by a lack of clear direction in the release of corporate earnings reports. Additionally, investors were increasingly concerned that interest rates in the United States would remain elevated. This apprehension followed …

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