Euphoric week for the markets: gold and luxury fly - LNU News
WEB2 days ago · September 27, 2024. The week for the financial markets ended in positive territory. Acting as an assist to the stock lists, not only the central banks, but also the news arriving from the corporate front which made the luxury sector shine. In this eighth we also witnessed the gold rally which reached new historic highs.
LNU News - Breaking News Today
WEBThe September 17, 2024starting from 3:45 PM local time of the capital of Lebanon Beirut (4.45pm Italian time), the secret ...
Rate cut expected this week - LNU News
WEBSep 17, 2024 · Currently, the Fed Funds benchmark rate is in a fluctuation band of the 5.25-5.50%. The market appears to be trending higher: Fed Watch futures at the CME are giving a 59% chance of a 50 point cut from 30% a week ago, while only 41% are in favor of a reduction of 25 points, down from 70% a week ago. In any case, the economists agree in ...
Oil, excess supply will cause prices to fall: the forecasts
WEBJun 13, 2024 · A decade of excess supply it will do progressively oil prices fallperhaps also for this reason OPEC continues his rationing strategy of the supply by the cartel of the world's largest crude oil producers. The excess supply, compared to a decreasing demand, has also been certified by theInternational Energy Agencyin its medium-long term report. ...
convincing for the FED, less so for stocks - LNU News
WEBSep 12, 2024 · The August CPI report was mostly in line with economists’ expectationsi.He emphasizes it Jakob West Christensenmarket analyst at eToro, on the US inflation reading, explaining that overall inflation fell to 2.5%, from 2.9% the previous month, and represents the smallest increase in more than three and a half years.. Inflation: Convincing for the Fed
recover losses after positive macro data - LNU News
WEBAug 16, 2024 · Positive week for global stock marketswith Piazza Affari recording a +2.20% on the FTSE MIB on Friday (outperforming the other European lists due to the recovery of the August 15th holiday closure) and a +4% on a weekly basis.In an eighth characterized by a holiday climate and with the quarterly season coming to an end, Investors’ attention was turned to US macroeconomic datawhich have ...
rate cut postponed until at least September - LNU News
WEBMay 21, 2024 · The Fed does not plan to cut rates before September and, although it believes The latest data is “encouraging”. on inflation, believes that it is “too soon to state that the disinflationary process is long-lasting“: This is what the vice president of the Fed reiterated yesterday Philip Jefferson, speaking at an event in New York.Statements that strengthened expectations of higher rates ...
revises downwards 2024 demand estimates - LNU News
WEBSep 11, 2024 · The cartel of crude oil producers has revised downwards global oil demand growth for 2024, indicating it will 2.03 million barrels per day compared to the 2.11 million barrels per day previously forecast. Also for 2025 there has been a very slight downward revision in growth forecasts, which will stand at 1.74 million barrels per day from the 1 ...
Fed, waiting for Jackson Hole and Powell’s words on rates
WEBAug 18, 2024 · Federal Reserve Chairman Jerome Powell will discuss the economic outlook at 10 a.m. Eastern Time (4 p.m. CET) on August 23rd continuing a precedent of the Fed chief giving a keynote speech at the three-day conference. Powell will use his Jackson Hole speech to prepare the ground for an interest rate cut …
About us - LNU News
WEBWelcome to LNU News, your frontline source for objective and insightful reporting.We’re not just a media outlet; we’re a dedicated team of truth-seekers and narrative-weavers, committed to bringing stories that matter into the spotlight.