Forget CPI, Talk to me About AI: Mar. 12, 2024
This morning’s hotter-than-expected inflation data is falling on deaf ears as equity traders instead focus on Oracle’s positive artificial intelligence (AI) statements from the...
Declining Sugar Output for 2024/25
Sugar has been under pressure for several weeks, and the May contract reached an 8 1/2 week low on Tuesday. There have been reports...
Trading Up
By: subSPAC
EXECUTIVE SUMMARY
The last week saw the return of mega SPAC deals, with a SPAC announcing plans to take an online trading platform public,...
Inflation Rises More Than Expected To 3.2% In February, Rebuffs Expectations Of June Fed Rate Cut
ZINGER KEY POINTS
February’s CPI surpasses expectations, casting doubt on imminent Fed rate cuts, causing traders to revise upcoming rate adjustments.
Annual inflation climbs to 3.2%...
High points for US economic data scheduled for March 11 week
The communications blackout period around the March 19-20 FOMC meeting goes into effect at midnight on Saturday, March 9 and runs through midnight on...
