Key week for monetary policy

FromThe Market Screener

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Key week for monetary policy

FromThe Market Screener

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Length:

5 minutes

Released:

Jun 24, 2024

Format:

Podcast episode

Description

The week is up to a quiet start on Wall Street as traders await key inflation data set for release later in the week. The Personal Income and Outlays Report, including the personal consumption expenditure (PCE) core price index for May, is scheduled for Friday.

Released:

Jun 24, 2024

Format:

Podcast episode

Titles in the series (100)

Here's the audio version of the daily Wall Street column of Marketscreener, to take the temperature of financial markets every morning at the opening of the stock exchange.

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26: Good news keeps on coming - August 11, 2022 by The Market Screener
5 min listen
7: Bad news is piling up- July 14, 2022 by The Market Screener
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3: Good news is bad news - July 8, 2022 by The Market Screener
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38: Wait! Not so fast... September 14, 2022 by The Market Screener
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4: It's still blurry - July 11, 2022 by The Market Screener
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6: Wall Street wobbles as inflation accelerates in June- July 13, 2022 by The Market Screener
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14: Earnings Bonanza - July 26, 2022 by The Market Screener
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9: The calm before the storm? - July 18, 2022 by The Market Screener
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8: That was a close call - July 15, 2022 by The Market Screener
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29: The market got ahead of itself on retailers' earnings - August 17, 2022 by The Market Screener
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5: Investors are bracing for earnings season - July 12, 2022 by The Market Screener
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12: Growth stocks are back in favor - July 21, 2022 by The Market Screener
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1: The Market Screener July 1, 2022 by The Market Screener
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16: Are we in a recession, or not? - July 28, 2022 by The Market Screener
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18: Optimism returns - August 1, 2022 by The Market Screener
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23: Lost in inflation - August 8, 2022 by The Market Screener
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10: To stick or not to stick with defensive stocks? That is the question - July 19, 2022 by The Market Screener
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25: What a relief! August 10, 2022 by The Market Screener
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15: It's Fed day - What's in the bag for September? - July 27, 2022 by The Market Screener
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31: Fed officials gave us a reality check - August 19, 2022 by The Market Screener
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13: Snap earnings fuel worries over ad spending decline - July 22, 2022 by The Market Screener
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11: Investors take a wait-and-see attitude ahead of central bank meetings - July 20, 2022 by The Market Screener
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2: An unusual period for stock markets July 7, 2022: This is a bizarre in-between period, with investors fearing a recession, but still hoping that central banks will be able to save the day by curbing inflation. by The Market Screener
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24: Calm prevails ahead of inflation data - August 9, 2022 by The Market Screener
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27: There are two ways to see inflation data - August 12, 2022 by The Market Screener
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17: Bad news is good news - July 29, 2022 by The Market Screener
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45: The gap between reality and fiction - September 23, 2022 by The Market Screener
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20: A couple of hopes dashed - August 3, 2022 by The Market Screener
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21: Still seeing the glass half full - August 4, 2022 by The Market Screener
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19: Pelosi’s expected Taiwan visit spooks markets - August 2, 2022 by The Market Screener
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Monetary policy is getting even more confusing - June 26, 2024: The market is unpredictable. Yesterday I wrote about a trend that was emerging, with investors seemingly turning away from tech and moving towards defensive stocks. Well, the rest of Tuesday’s session saw a complete reversal of this trend: technology bounced bac... by The Market Screener
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Out with AI, in with defensive stocks - June 25, 2024: The tech rout that started at the end of last week continues, with Nvidia being the main target. The stock has retreated by 16% since last Thursday's record high, which wiped $430 billion off its market value in the process. by The Market Screener
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Tech overload on Wall Street - June 21, 2024: Wall Street futures were in the red this morning after Wall Street decided it had enough of tech stocks. Thursday saw a decline in Nvidia's shares, which also dropped 1.5% today in premarket trading, affecting other chipmakers like Broadcom and Qualcomm. by The Market Screener
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Central bank bonanza - June 20, 2024: The global markets are experiencing a mix of gains and cautious optimism, thanks to their usual savior: tech stocks. Wall Street reopens today after the Juneteenth bank holiday, with futures pointing to a positive start. Several central banks released their deci... by The Market Screener
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Big tech still runs the show - June 18, 2024: Wall Street's tech stocks have once again reached new heights this week, particularly those focused on artificial intelligence. The Nasdaq is close to 20% gains for the year, surpassing the S&P 500 by more than 4%. by The Market Screener
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The winner takes it all - June 17, 2024: Global markets are mixed to start the week, as investors await key economic data and central bank meetings. Political uncertainties in Europe, particularly in France, continue to weigh on market sentiment. by The Market Screener
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Investors need more time to assess Fed comments - June 14, 2024: Investors are still assessing Wednesday’s hawkish comments from the Fed as well as the many signals that the US economy is cooling. After reaching new highs yesterday, Wall Street indices retreated in premarket trading on Friday. by The Market Screener
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Only one rate cut this year? June 13, 2024: The Fed and its chairman Jerome Powell reclaimed the narrative yesterday, as it revised downwards its projections for the pace of rate cuts this year. Powell said that we should only expect one more rate cut this year, probably in December. by The Market Screener
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This is getting interesting... June 12, 2024: A big day ahead for the financial markets, with the Fed’s decision on key rates. Will they come down sooner than expected? The answer will come this afternoon. This morning, investors cheered better-than-expected inflation readings. by The Market Screener
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Investors aren't fooled - June 11, 2024 by The Market Screener
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All eyes on the Fed - June 10, 2024: While Wall Street changes its forecast on key interest rates again and again, Europe sees a rise in the far-right protest vote in parliament. The week will be marked by two central bank meetings, including the eagerly-awaited US Fed meeting. by The Market Screener
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The job report just threw a spanner in the works - June 7, 2024: Investors were eagerly awaiting one of their favorite data, that has the power to take markets to new records, or get them to recede. I’m talking about the monthly US employment figures - known as the NFP report. by The Market Screener
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The first rate cut - June 6, 2024: The ECB has cut rates for the first time since 2019, from 4% to 3.75%. This is the first rate cut among the world's largest economic blocs and investors are happy, although they want to know more about the bank’s future monetary policy. by The Market Screener
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The odds of rates getting cut in 2024 may be better than you think - June 5, 2024: On the eve of a highly-anticipated U.S. monthly employment report, of a likely ECB rate cut and equity markets are still confused, but cautiously optimistic. by The Market Screener
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Just when you think you've got it all figured out... June 4, 2024: It's often said that bad economic news is good news for equity markets, but that didn't work out so well yesterday. Bad news remained bad news. But perhaps the equity markets are also confused by being bombarded with contradictory data. by The Market Screener
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A rate cut is finally in sight - June 3, 2024: The last week of the month of May 2024 has been a bearish one: for equities, for gold and for oil. The last week of May saw a number of assets fall, with the notable exception of bonds, which worked in reverse (their yields fell, so they rose). by The Market Screener
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Disaster averted - May 31, 2024 by The Market Screener
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The return of rate hikes? May 29, 2024: Global indices are in the red today, weighed down by big tech stocks, which are struggling due to higher Treasury yields triggered by a worrying speech from a very respected Fed official. Investors are now fearing that rates could move up again. by The Market Screener
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Investors are bracing for today's major change - May 28, 2024: Wall Street reopens after the long Memorial Day weekend, and serious business resumes today, with fairly dense macroeconomic news ahead of the week's two major events: May inflation in the eurozone and April PCE inflation in the United States, for which we'll ha... by The Market Screener
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It's the same old routine - May 24, 2024: The mood on the financial markets has soured a bit. The euphoria seen after several indices reached records at the start of the week has given way to a more confused feeling, with the return of inflationary fears. It's all feels like déjà vu. by The Market Screener
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The market is good to go until Nvidia’s next quarterly results: There was a pretty colossal stakes surrounding Nvidia's quarterly results yesterday, after the bell. Western stock markets generally retreated in anticipation. Let's dispel the suspense right away: the share gained 6% after the release of its results, so it pass... by The Market Screener
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Can Nvidia pull it off again? May 22, 2024: Investors hope that Nvidia can keep the AI magic alive, as demonstrated by yesterday's record highs on Wall Street. The answer is expected after the bell today when the company will unveil its quarterly results. by The Market Screener
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Central bankers try to reason with investors - May 21, 2024: While oil prices move up and down, bond yields wake up and metals prices go through the roof, equity markets remain resilient. Nevertheless, they need a new catalyst to keep pace with the Nasdaq rocket. That's pretty much the mood at the start of the week ahead ... by The Market Screener
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Focus on Nvidia - May 20, 2024: Last week was eventful in the financial world, and this week is shaping up to be exactly the same. It will be less focused on inflation and corporate results, and more on macro data. Earnings season may be drawing to a close, but there's one large cap left, rele... by The Market Screener
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Everlasting momentum - May 16, 2024: Every time the momentum slowed on the market over the past six weeks, something happened to give it another boost. Yesterday, it was weaker-than-expected inflation data, which made rate cuts more likely. by The Market Screener
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This bodes well for rate cuts - May 15, 2024: The focus of investors is on US inflation data this week, as well as corporate results. The Nasdaq 100 hit a new record close yesterday, surpassing March 24 by 3 points. The index is a mirror of the tech sector, but also of investors' appetite for risk. It has i... by The Market Screener
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Investors need more than PPI to make up their minds - May 14, 2024: Investors once again believed in a Fed rate cut in September. Doubts about the slight upturn in inflation were dispelled by a series of weak economic indicators. Today's producer price data was too mixed to have any impact on their thinking. by The Market Screener
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The momentum keeps going - May 13, 2024: Global markets have, for the most part, returned to the record highs set earlier in the year. Doubts about the evolution of US monetary policy, which led to a drop in indices in April, were eased by the robust earnings of major listed companies and the cooling o... by The Market Screener
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Wall Street rises thanks to good and bad economic news - May 3, 2024: Things a looking well for the three Wall Street indices this morning. Investors welcome good news for the economy (good results from Apple and Amgen), and bad news for the economy (but good for rate cuts - the weaker-than-expected jobs report). by The Market Screener
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Key week for monetary policy

Key week for monetary policy

Description

Titles in the series (100)

More Episodes from The Market Screener

Related podcast episodes