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U.S. Equities Near Record Highs As Investors Parse Mixed Economic Signals Ahead Of Key Inflation Report
Article By:
The Private Banker
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Tuesday, May 14, 2024 5:30 PM EDT
Gamestop and AMC Entertainment witnessed substantial rallies, surging 59.8% and 31%, respectively, riding the wave of investor enthusiasm in the retail trading community.
In this article: SPY
Small Businesses Sit Out Growth
Article By:
Bespoke Investment Group
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Tuesday, May 14, 2024 4:00 PM EDT
The NFIB published the results of its latest survey of Small Business Optimism. While economists expected a modest decline, the index rebounded from 88.5 in March to 89.7 in April.
Big Money Buying Up Our Homes Is "Never Going To Stop"
Video By:
Adam Taggart
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Tuesday, May 14, 2024 3:30 PM EDT
Housing analysts see tougher times ahead for the real estate market.
Producer Price Inflation Has Bottomed And Is Now Heading Back Up
Article By:
Mish Shedlock
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Tuesday, May 14, 2024 2:48 PM EDT
Producer prices were a bit higher than expected today but negative revisions take that away. Importantly, prices appear to have bottomed.
April Producer Prices Reflect Some Building Pressure From A Strong Economy With Full Employment
Article By:
New Deal Democrat
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Tuesday, May 14, 2024 1:37 PM EDT
Commodity prices increased 0.9%. These are very volatile, so this was not particularly out of the ordinary.
Producer Price Index Rises In April, Marking Largest Annual Increase Since 2023
Article By:
The Tokenist
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Tuesday, May 14, 2024 1:01 PM EDT
Producer Price Index rises 0.5% in April, largest annual increase since April 2023.
EUR/USD Outlook: Euro Steadies Ahead Of US PPI Data
Article By:
Yohay Elam
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Tuesday, May 14, 2024 9:15 AM EDT
Business activity in the Euro Area expanded at a faster rate than that in the US in April. The euro has lost nearly 2.5% of its value against the dollar this year. Investors are awaiting the US PPI report.
US Stock: United Parcel Service
Article By:
Andrew Stotz
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Tuesday, May 14, 2024 7:00 AM EDT
United Parcel Service Incorporated is a package delivery company and a provider of global supply chain management solutions.
In this article: UPS
US Market Commentary - Tuesday, May 14
Article By:
James Harte
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Tuesday, May 14, 2024 5:37 AM EDT
The reading will be pivotal in determining USD direction over the next month as traders look to the gauge to signal whether we’re likely to see Fed easing in September.
In this article: UUP
USD/CHF Extends Gains To Near 0.9100 Ahead Of US PPI
Article By:
Akhtar Faruqui
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Tuesday, May 14, 2024 5:08 AM EDT
USD/CHF appreciates as the Fed is expected to maintain higher interest rates for longer. Fed Vice Chair Philip Jefferson has advocated for keeping rates higher until signs of inflation easing become clear.
Tuesday Talk: Market Stays Steady
Article By:
David Marshall
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Tuesday, May 14, 2024 5:01 AM EDT
With turmoil in the Kremlin and no movement towards a ceasefire in the Middle East the market maintained a steady course on Monday, ahead of data dumps later in the week.
Market Briefing For Tuesday, May 14
Article By:
Gene Inger
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Tuesday, May 14, 2024 3:35 AM EDT
A tight trading range dominated Monday's S&P action, while participation remains high, breadth is pretty good, and a flush-out coming is debatable.
Gold Price Gains Ground Ahead Of US PPI Data, Fed’s Powell Speech
Article By:
Lallalit Srijandorn
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Tuesday, May 14, 2024 1:50 AM EDT
The gold price (XAU/USD) rebounds despite the consolidation of the US Dollar (USD) on Tuesday. The upside of yellow metal might be limited as traders might wait on the sidelines ahead of key US inflation data this week.
This PPI Squeeze Could Earn Monster Profits On Tuesday
Video By:
Joseph James
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Tuesday, May 14, 2024 1:10 AM EDT
Markets are range-bound going into PPI & Powell on Tuesday morning…And I see 3 reasons why this PPI Squeeze might be one of our easiest winners of the week!
