Category: brace
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Stocks Hover as Traders Brace for September Swings: Markets Wrap
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(Bloomberg) — Global stocks rose to near record highs on Monday as investors braced for what is typically the most challenging month for equities. Most Read from Bloomberg The pan-European STOXX 600 index pared most of its earlier losses after closing at a record high on Friday. Volkswagen AG rose…
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Akash, Render, Bittensor tokens brace for Nvidia earnings
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Cryptocurrencies and AI-focused stocks will be in the spotlight next week when Nvidia releases its quarterly results after the closing bell on Wednesday, August 28. Prior to the event, Akash Network (AKT) had surged by 10% in the past seven days. Similarly, Bittensor (TAO), Render Token (RNDR), and Artificial Superintelligence…
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Yen slips, markets brace for US inflation data By Reuters
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By Vidya Ranganathan SINGAPORE (Reuters) – The yen continued its slow decline against the dollar in thin trade due to a holiday in Japan on Monday, as market participants remained uncertain about the prospects of a significant interest rate cut by the U.S. Federal Reserve next month. The break comes…
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Trouble for China hedge funds? Reuters: Brace for upheaval from tough new rules
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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Investors brace for the Fed to dial back its 2024 rate cut predictions
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Investors are nervous this week as Federal Reserve officials prepare to signal how many interest rate cuts remain likely in 2024. Most market observers believe that decision makers will lower their expectations. The question is before how much. The new forecast on Wednesday will come in the form of a…
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Nasdaq, S&P, Dow futures fall as investors brace for CPI data
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Mberdi/E+ via Getty Images Stock index futures fell on Wednesday, a day after the Nasdaq closed at a new record high, as investors awaited important CPI data due later in the day. Standard & Poor’s 500 futures contracts (SPX) -0.1%Nasdaq 100 futures (US100:IND) -0.2% and Dow futures contracts (Endo) -0.1%.…