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ISM Services PMI Beats Forecast; S&P 500 Rises as Fed Remains Cautious
... traders digested the implications of rising prices and what that means for interest rates. If the Fed perceives that inflation in the service economy is not abating, it may choose to keep monetary policy tighter for longer, which can be a headwind for equities. Moreover, wider risks – from global economic slowdowns to geopolitical tensions – continue to cap risk appetite. As a result, while the ISM news gave stocks a welcome lift, further upside for the S&P 500 index may hinge on evidence that ...
Wednesday, December 4, 2024: Analysis of Key Events and Reports
... while potentially weakening RUB due to capital shifts.
8. Europlan Shareholder Meeting:
Dividend decision at $LEAS can enhance share attractiveness leading up towards register closure boosting stock prices while attracting foreign investors into Russian equities market.
Recommendations for Traders & Investors:
Wednesday, December 4th promises pivotal moments shaping market sentiment driven by extensive economic data releases alongside corporate events—key indicators being global PMIs reflecting business ...
Thursday, November 28, 2024: Analysis of Key Events and Reports
... Confidence for November
The Eurozone Consumer Confidence Index measures the degree of optimism that consumers feel about the overall state of the economy and their personal financial situation. A higher-than-expected reading may boost the euro and European equities, while a lower reading could have the opposite effect.
14:00 GMT: Turkey – Central Bank Meeting Minutes
The Central Bank of Turkey will release the minutes from its latest meeting, providing insights into the country's monetary policy stance....
What are Accelerators and Incubators: How They Help Startups?
Accelerators and incubators play a crucial role in the development of startups by providing support, resources, and mentorship to accelerate growth. In this article, we will explore the differences between accelerators and incubators, their advantages for entrepreneurs, and examples of well-known programs both in Russia and abroad. Learn how to choose the right program and leverage its opportunities for your startup's success.
Accelerators and incubators play a crucial role in the development of...
Economic Events Calendar for the Week of December 16–20, 2024
... Sales for October: Previous — 3.96 million, Forecast — 3.97 million.
Investor Recommendation:
Key events include the Bank of England’s interest rate decision and US GDP data for Q3. The Bank of England’s decision could influence the pound and UK equities, while US GDP and deflator data provide critical insights into the American economy, potentially affecting Federal Reserve expectations. Stay updated and ready for market fluctuations.
Friday, December 20
02:30
Japan:
Core CPI (YoY) for December: ...