Market Update | 23-April-2024
Investors are eagerly awaiting the release of U.S. inflation data this Friday, particularly the PCE price index, which is projected to remain high in March. Other economic highlights include the initial estimate of first-quarter GDP, which is expected to moderate slightly, along with data on new home sales, initial jobless claims, and revised figures on consumer sentiment and inflation expectations.
Today, PMI data from the Eurozone, U.S., and UK will be closely watched for signs of resurging inflation, especially within the services sector. The March U.S. PMI indicated a further slowdown in services industry growth and services inflation.
Looking ahead, the upcoming week will see the release of earnings reports from tech giants, starting with Tesla today and followed by Meta, Microsoft, and Alphabet throughout the week.
For more details, visit our website and follow us on social media.
Dear Valued Client, Please be advised that the following instruments' trading hours and market session…
Dear Valued Client, We are pleased to inform you that STARTRADER will be conducting a…
S&P 500 futures were flat in early trading today as the index nears its record…
EURUSD continues its uptrend as the pair reached its highest level since November 2021, though…
US indices rose sharply yesterday. Nasdaq 100 has gained 3.6% since the market opened on…
Oil prices fell 11% after Iran's missile strike on a U.S. base in Qatar caused…
This website uses cookies.