Analyst news

• Tamer wholesale costs offer ray of hope on inflation, but prices are still headed in the wrong direction

  11-04-2024 21:59 via rocketnews.com
  A tamer increase in wholesale prices in March raised hopes that inflation is slowing enough to keep the Federal Reserve on the path to cut interest rates, but more evidence is needed. A lot more.
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  [mwai_chat context=”Let’s have a discussion about this article:nnA tamer increase in wholesale prices in March raised hopes that inflation is slowing enough to keep the Federal Reserve on the path to cut interest rates, but more evidence is n
  
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• Long-term Treasury yields end at nearly five-month highs after March producer-price data

  11-04-2024 21:58 via rocketnews.com
  Yields on U.S. government debt finished little changed on Thursday, leaving 10- and 30-year rates at their highest levels since mid-November following the release of March’s tame producer-price index.
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  [mwai_chat context=”Let’s have a discussion about this article:nnYields on U.S. government debt finished little changed on Thursday, leaving 10- and 30-year rates at their highest levels since mid-November following the release of
  
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• A $1.50 sandwich? Despite inflation, food at the Masters golf tournament is still among the cheapest in professional sports.

  11-04-2024 20:40 via rocketnews.com
  Food prices in the U.S. are up 2.2% over the past 12 months, but at the Masters, a pimento cheese sandwich is still $1.50 and no food item costs more than $3.
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  [mwai_chat context=”Let’s have a discussion about this article:nnFood prices in the U.S. are up 2.2% over the past 12 months, but at the Masters, a pimento cheese sandwich is still $1.50 and no food item costs more than $3.nnDiscussion:nn” ai_name=”RocketNews AI: &rd
  
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• Shohei Ohtani not involved in gambling, prosecutors say, as they charge translator with stealing $16 million

  11-04-2024 20:38 via rocketnews.com
  Baseball star Shohei Ohtani was not involved in gambling and had no knowledge of payments being made from his accounts to pay an illegal bookie, federal prosecutors said Thursday, as they criminally charged his translator with stealing $16 million from the Los Angeles Dodgers slugger.
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  [mwai_chat context=”Let’s have a discussion about this article:nnBaseball star Shohei Ohtani was not involved in gambling and had no knowledge of paymen
  
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• Fed’s Collins: Recent data ‘reduces the urgency to ease’

  11-04-2024 18:01 via rocketnews.com
  Recent labor market and inflation data highlight the need for the U.S. central bank to be patient about monetary policy, and has reduced the “urgency” to cut interest rates, Boston Federal Reserve President Susan Collins said Thursday.
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  [mwai_chat context=”Let’s have a discussion about this article:nnRecent labor market and inflation data highlight the need for the U.S. central bank to be patient about monetary policy, and
  
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• StepStone’s stock rises after J.P. Morgan upgrades asset manger to overweight

  11-04-2024 17:41 via rocketnews.com
  Shares of private-markets investment manager and data provider StepStone Group Inc. rose 5.4% on Thursday after the stock drew an upgrade to overweight from neutral at JPMorgan Chase on Thursday on growth expectations for the sector.
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  [mwai_chat context=”Let’s have a discussion about this article:nnShares of private-markets investment manager and data provider StepStone Group Inc. rose 5.4% on Thursday after the stock drew an upgrade t
  
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• Fed’s Williams sees inflation falling to 2% despite recent ‘bumps’

  11-04-2024 14:49 via rocketnews.com
  “I expect inflation to continue its gradual return to 2%, although there will likely be bumps along the way, as we’ve seen in some recent inflation readings,” Williams said Thursday.
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  [mwai_chat context=”Let’s have a discussion about this article:nn“I expect inflation to continue its gradual return to 2%, although there will likely be bumps along the way, as we’ve seen in some recent inflation readings,&rd
  
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• BoE moves closer to rate cut. Forecast as of 11.04.2024

  11-04-2024 12:00 via litefinance.org
  
  When will central banks start monetary policy easing? How low are they ready to cut their rates? The answers to these questions and the improvement in the global economy determine the trajectories of currencies in the Forex market. Let's discuss the Forex outlook and make up a trading plan for GBPUSD.Monthly Pound fundamental forecastWhile the Fed guarantees a soft landing for the US economy and the ECB is urged to cut interest rates to keep the eurozone out of recessionary risks, the UK ha
  
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• Microsoft (MSFT) Share Price Forecast for 2024, 2025-2026 and Beyond

  11-04-2024 10:32 via litefinance.org
  
  Microsoft Corporation, a cornerstone in the tech industry, has consistently demonstrated resilience and innovation, making its stock (MSFT) a key player in many investors' portfolios. Understanding stock movements and market predictions becomes crucial as we delve into the complex trading world. This article aims to illuminate MSFT's stock price financial forecast for 2024 and beyond, offering insights into why it is one of the top tech picks. Read on to equip yourself with information that
  
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• Markets are wrong to think U.K. rate cuts will track the U.S., says Bank of England policymaker

  11-04-2024 10:20 via rocketnews.com
  Linking the trajectory of interest rate cuts in the U.K. too tightly to the U.S. is mistaken because British inflation will be stickier, according to a Bank of England monetary policymaker.
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  [mwai_chat context=”Let’s have a discussion about this article:nnLinking the trajectory of interest rate cuts in the U.K. too tightly to the U.S. is mistaken because British inflation will be stickier, according to a Bank of England monetary policy
  
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• ‘The ship has turned.’ JPMorgan upgrades iconic U.K. retailer Marks & Spencer

  11-04-2024 10:10 via rocketnews.com
  Marks & Spencer, the storied U.K. retailer, saw an upgrade to overweight at JPMorgan, as the bank said it’s the retailer demonstrating the biggest positive inflection out of the pandemic.
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  [mwai_chat context=”Let’s have a discussion about this article:nnMarks & Spencer, the storied U.K. retailer, saw an upgrade to overweight at JPMorgan, as the bank said it’s the retailer demonstrating the biggest positive inflectio
  
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• Short-term analysis for oil, gold, and EURUSD for 11.04.2024

  11-04-2024 09:39 via litefinance.org
  
  I welcome my fellow traders! I have made a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders.The euro's short-term bearish trend continued yesterday.Oil price forecast for today: USCrude analysisYesterday, market participants tried to break out support (A) 84.36 - 84.09 again, but their attempt failed. The price remained above this area, and the shor
  
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• Dollar punishes Fed. Forecast as of 11.04.2024

  11-04-2024 09:03 via litefinance.org
  
  For a long time, the Federal Reserve's firm commitment to cutting rates has been setting back the EURUSD bears. However, the third consecutive acceleration of the US inflation discourages the euro bulls. Let's discuss the Forex outlook and draw up a trading plan.Monthly US dollar fundamental forecastThe Fed can also be wrong. The rapid slowdown in inflation in 2023 has made FOMC officials overconfident. They could ignore the acceleration of prices in January-February, arguing that the overall st
  
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• Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 11.04.2024

  11-04-2024 08:17 via litefinance.org
  
  I welcome my readers!I have prepared a short-term cryptocurrency forecast based on the Elliott wave analysis of Bitcoin, Ripple, and Ethereum. I offer entry signals to trade each cryptocurrency.Elliott wave Bitcoin analysisThe BTCUSD is forming a corrective wave (4) as a skewed triangle. The triangle should soon finish. The final wave E should conclude the corrective wave (4). Therefore, the Bitcoin price should be declining in wave E, unfolding as a zig-zag  [A]-[B]-[C], to a lev
  
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• Regeneron accused of ‘fraudulent’ drug-pricing reporting for eye drug Eylea

  11-04-2024 02:35 via rocketnews.com
  The Department of Justice on Wednesday accused drug maker Regeneron Pharmaceuticals Inc. of fraudulent practices related the pricing of its blockbuster vision-impairment drug Eylea, boosting its sales in the process.
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  [mwai_chat context=”Let’s have a discussion about this article:nnThe Department of Justice on Wednesday accused drug maker Regeneron Pharmaceuticals Inc. of fraudulent practices related the pricing of its blockbuster visi
  
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