Ozge Gurses

What’s on the economic agenda this week?

What’s on the economic agenda this week?

Key Takeaways Wall Street indexes closed lower on Friday due to expectations of a more hawkish stance from the Federal Reserve on interest rate hikes, despite lower-than-expected nonfarm payrolls data in June. The Nasdaq index declined by 0.13%, the S&P 500 index...

What’s on the economic agenda this week?

What’s on the economic agenda this week?

Key Takeaways Remarks by Federal Reserve Chairman Powell indicating a hawkish stance and strong economic data led to a reassessment of expectations towards the Federal Reserve. Federal Reserve Chairman Powell stated that more tightening would be needed in monetary...

What’s on the economic agenda this week?

What’s on the economic agenda this week?

Key Takeaways for Investors and Financial Professionals US stock market ended lower due to weak PMI data, indicating a weakening trend in manufacturing and services sectors. San Francisco Fed President expressed the view of two more interest rate hikes this year and...