Rate cut expected this week - LNU News
WEB3 days ago · Currently, the Fed Funds benchmark rate is in a fluctuation band of the 5.25-5.50%. The market appears to be trending higher: Fed Watch futures at the CME are giving a 59% chance of a 50 point cut from 30% a week ago, while only 41% are in favor of a reduction of 25 points, down from 70% a week ago. In any case, the economists agree in ...
LNU News - Breaking News Today
WEBThe September 17, 2024starting from 3:45 PM local time of the capital of Lebanon Beirut (4.45pm Italian time), the secret ...
Gold hits new all-time highs as Fed tracks - LNU News
WEB23 hours ago · Gold prices hit new record highwhich has reached the $2,599.92 per ounce on Wednesday, before slightly lowering their prices after the Federal Reserve meeting in which they were interest rates lowered by 50 points basis; the move may have been similar to that of the US stock market, which hit new records before closing lower, in a case of “Sell the News”, as a massive 50 basis point cut ...
Real estate sector positive on rate outlook - LNU News
WEBAug 17, 2024 · Among the listed real estate companies Piazza Affari and components of the sector index, s a positive week was recorded for Gabetti (+2.04%), followed by IGD and Abitare In both up by more than two percentage points. The worst performances, however, were those of Risanamento (-9.01%). Brioschi (-3.5%) and Dotstay ( …
Fed, waiting for Jackson Hole and Powell’s words on rates
WEBAug 18, 2024 · Federal Reserve Chairman Jerome Powell will discuss the economic outlook at 10 a.m. Eastern Time (4 p.m. CET) on August 23rd continuing a precedent of the Fed chief giving a keynote speech at the three-day conference. Powell will use his Jackson Hole speech to prepare the ground for an interest rate cut …
US, Inflation Improving. What to Expect from the Fed
WEBAug 16, 2024 · THE’ inflation in the United States It turned out slightly better than expected at July 2024. According to the U.S. Bureau of Labor Statistics (BLS), consumer prices recorded a growth of 0.2% on a monthly basis versus -0.1% in the previous month and compared to the +0.2% expected by analysts. THE …
Markets Predict Bigger Rate Cuts: Are They Right? - LNU News
WEBAug 21, 2024 · This is good news. for inflation. THE Markets predict 50 basis point cuts and by the end of the year and another 100 basis points in 2025. 5-year swap rates are now below 4% and mortgage rates for the best credits have adjusted. I think we will reach 50 basis points by the end of the year, but that markets are too optimistic for 2025.
Stock Market, Real Estate Saves Itsself in a Negative Week.
WEBAug 10, 2024 · The one just concluded was a week of high tension and volatility on the financial marketswhich began with a market crash on Monday, with heavy selling triggered by growing fears of a recession in the United States after disappointing labor market readings (with the Fed seen late in easing monetary tightening), by the strengthening of the yen due to the rate hike decided by the BoJ (with the ...
OPEC cuts growth forecast. China weighs - LNU News
WEBChina weighs. August 13, 2024. Downward revision The Organization of the Petroleum Exporting Countries (OPEC) has raised its forecast for global oil demand growth in 2024 by 135 tb/d from the previous month’s assessment, now standing at a “healthy” 2.1 million barrels per day (mb/d), well above the historical average of 1.4 mb/d recorded ...
recover losses after positive macro data - LNU News
WEBAug 16, 2024 · Positive week for global stock marketswith Piazza Affari recording a +2.20% on the FTSE MIB on Friday (outperforming the other European lists due to the recovery of the August 15th holiday closure) and a +4% on a weekly basis.In an eighth characterized by a holiday climate and with the quarterly season coming to an end, Investors’ attention was turned to US macroeconomic datawhich have ...