S&P 500 Futures differ from US inflation-led Wall Street slump, Treasury yields stay firmer – by anilpanchal7 SP500 Futures YieldCurve Inflation Recession
US inflation triggered market’s pessimism, Wall Street had the biggest daily loss in two years.Second-tier US data, headlines surrounding stimulus/energy plan can entertain traders ahead of next week’s FOMC., amid a lack of major data/events during Wednesday’s Asian session.
Furthermore, European Union Chief Ursula von der Leyen’s plans for the energy price capping and US Trade Representative Katherine Tai’s EU visit to meet European Commission Vice President Valdis Dombrovskis also favor the cautious optimism. Looking forward, updates concerning the energy plan, China’s stimulus and the Russia-Ukraine tussle may entertain traders. Following that, the US Producer Price Index before Thursday’s August month US Retail Sales and Friday’s preliminary reading of the Michigan Consumer Sentiment Index for September, will direct the moves. Above all, next week’s Federal Open Market Committee will be a crucial event for the pair traders to watch for clear directions.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Asian shares extend global selloff amid bets on more aggressive FedAsian shares tumbled, the dollar held firm and the U.S. yield curve was deeply inverted on Wednesday, as a white-hot U.S. inflation report dashed hopes for a peak in inflation and fuelled bets that interest rates may have to be raised higher and for longer.
Read more »
BLACKPINK Reigns Over Billboard’s Global Excl. U.S. Chart For 3rd Straight Week With “Pink Venom” + Continues Strong On Global 200BLACKPINK has continued their strong showing on Billboard’s global charts! On September 12 local time, Billboard announced that BLACKPINK had continued their reign on the Global Excl. U.S. chart for the third straight week while impressively coming in at No. 2 on the Global 200! The Global 200 is based on sales and streaming data
Read more »
Halle Bailey's 'The Little Mermaid' Teaser Draws in 104 Million Global ViewsThe trailer for Halle Bailey's 'The Little Mermaid', which dropped during the D23Expo, has drawn in 104 million views globally.
Read more »
Biden Administration Seeks Global Ban on Anti-Satellite WeaponsFollowing a self-imposed ban, the U.S. government will now introduce a U.N. resolution in an attempt to ban the dangerous tests worldwide.
Read more »
Harry Styles’ ‘As It Was,’ BLACKPINK’s ‘Pink Venom’ Rule Billboard Global Charts.Harry_Styles‘ “As It Was” rebounds for a record-extending 14th week at No. 1 on the Billboard Global200 chart, while BLACKPINK‘s “Pink Venom” spends a third week atop the Billboard Global Excl. U.S. survey. 🌎
Read more »
Masahiko Uotani: Global CitizenMasahiko Uotani is leading Shiseido boldly into the future with a strategic vision that places the Japanese giant at the center of the beauty universe.
Read more »