Forecasts

As economists forecast, the S&P Global Services PMI is expected to increase slightly from 54.8 to 54.9 in April. This slight uptick in the PMI could potentially shift investor expectations regarding future Fed interest rate cuts in 2024. However, it is crucial for investors to delve deeper into the sub-components of the PMI, such as
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As we approach April 19, 2024, investors are eagerly anticipating the quarterly earnings reports of major companies such as Procter & Gamble (PG), American Express (AXP), and Schlumberger (SLB). Procter & Gamble is expected to see a modest earnings increase of 3.65%, showing steady growth. American Express, on the other hand, projects a substantial 23.75%
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Following the Bank of Japan’s decision to exit negative interest rates, the USD/JPY exchange rate experienced a significant decline to the 154 handle. This move was largely influenced by the forward guidance provided by the BoJ, which signaled the implementation of accommodative policy measures. While this decision may have bolstered buyer demand for the Japanese
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The forecasts for industrial production and retail sales in China are indicating weaker trends. Economists are expecting retail sales to increase by 4.5% year-on-year in March, following a 5.5% rise in February. Similarly, industrial production is predicted to grow by 5.4% year-on-year in March, after a 7.0% increase in February. These numbers hold significant importance
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The inflation figures released on Friday will play a vital role in influencing the Bank of Japan’s rate path. It is anticipated that service sector-driven inflationary pressures could potentially prompt discussions about the timing of an interest rate hike. Economists predict that the annual inflation rate will hold steady at 2.8% in March, while core
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When it comes to consuming financial information, it is crucial to exercise caution and conduct your own due diligence. The content provided on various platforms, including news websites and publications, often includes personal analysis and opinions, as well as data from third parties. While this information can be valuable for educational and research purposes, it
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Before delving into the world of financial investments, it is crucial to understand the disclaimers and warnings that come with it. The content provided on various websites, including general news, personal analysis, and opinions, is meant for educational and research purposes. It should not be seen as recommendations or advice to take any action, particularly
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The prospect of a higher-for-longer rate path could have significant implications for consumers. An increase in interest rates would result in higher borrowing costs, ultimately affecting disposable income. This, in turn, could potentially dampen consumer spending and curb demand-driven inflation. The overall outlook on the economy would be influenced by these downward trends in disposable
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One of the key points emphasized in the information provided is the importance of performing due diligence before making any financial decision. It is crucial for individuals to conduct their own research, exercise discretion, and seek advice from competent advisors. This ensures that one fully understands the risks involved in any investment and can make
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