Trade Sheet: Thursday August 22, 2024
Matthew Walker2024-08-22T14:52:12-05:00
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Overseas Headlines – August 22, 2024
Matthew Walker2024-08-22T09:00:08-05:00August 22, 2024 United States: Fed’s Schmid Says He Wants to See More Data Before Rate Cut Federal Reserve Bank of Kansas City President Jeffrey Schmid said he wants to see more economic data before supporting any decision to begin reducing interest rates. Schmid, speaking with Michael McKee in a Bloomberg TV interview recorded Wednesday
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08, 2024
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Overseas Headlines – August 21, 2024
Matthew Walker2024-08-21T08:49:10-05:00August 21, 2024 United States: Traders Look to US Jobs Data to Support the Rally in Treasuries Investors who’ve positioned for more gains in US Treasuries will look to revised data on the US labor market for signs the Federal Reserve needs to start aggressively slashing interest rates. A Bloomberg gauge of Treasuries surged 1.7%
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08, 2024
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08, 2024
Euro Area annual inflation up to 2.6%
Matthew Walker2024-08-20T12:06:56-05:00August 20, 2024 The euro area’s annual inflation rate was 2.6% in July 2024, up from 2.5% in June. A year ago, the rate was 5.3%. Annual inflation in the European Union rose to 2.8% in July 2024, from 2.6% in June. A year earlier, the rate was 6.1%. Finland had the lowest yearly rates
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08, 2024
Overseas Headlines – August 20, 2024
Matthew Walker2024-08-20T09:02:03-05:00August 20, 2024 United States: Fed Confronts Up to a Million US Jobs Vanishing in Revision US job growth in the year through March was likely far less robust than initially estimated, which risks fueling concerns that the Federal Reserve is falling further behind the curve to lower interest rates. Goldman Sachs Group Inc. and
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08, 2024
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08, 2024
KLE reports six months net loss of $13.08 million
Matthew Walker2024-08-19T09:14:31-05:00August 19, 2024 K.L.E. GROUP LIMITED (KLE) Unaudited financials for the six months ended June 30, 2024: K.L.E. GROUP LIMITED (KLE) for the six months ended June 30, 2024, reported a 100% decrease in Other operating Income totaling $1,000 compared to $54.01 million in the corresponding period last year. Other operating Income for the second
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Overseas Headlines – August 19, 2024
Matthew Walker2024-08-19T08:54:27-05:00August 19, 2024 United States: Traders Need Fed’s Rate-Cut Signal to Keep Stocks Rallying Wall Street is betting that Federal Reserve Chair Jerome Powell will confirm that interest-rate cuts are coming at the central bank’s annual confab in Jackson Hole, Wyoming. But as the debate shifts from “will they or won’t they?” to “how big