• September 27, 2024

Japan’s Governing Party Selects Next Prime Minister, Yen Strengthens

Japan is set to get a new leader and the market seems to be betting he will be hawkish on monetary policy as the yen strengthened sharply. Shigeru Ishiba narrowly won a vote in the ruling Liberal Democratic Party on Friday to become party leader, and the LDP-controlled parliament will meet Tuesday to elect him prime minister.

  • September 27, 2024

SMH vs. FTXL: Which Semiconductor ETF Is Better?

After a brief dip this summer, semiconductor stocks are heating up again, as mainstays in the space like Micron (MU) post blowout earnings due to strong AI-related demand. The memory chip giant reported scorching 93.3% year-over-year revenue growth, and guided to record revenue of $8.7 billion for the upcoming quarter, well above analyst expectations. Micron’s results gave a jolt to the sector and illustrate that AI demand is still strong. Investors can achieve diversified exposure to the semico

  • September 27, 2024

Fed's Core PCE Price Index Set for Release: Markets Anticipate Positive News and Potential Volatility

The U.S. Federal Reserve's core Personal Consumption Expenditures (PCE) price index, regarded as the Fed's preferred inflation gauge, is set to be released at 20:30 tonight, according to Jinshi Data. Market expectations are leaning towards positive news, with hopes that the data will show a continued slowdown in consumer spending.Following recent statements from Federal Reserve officials, tonight's report will be closely monitored to see if it supports increasing expectations for potential interest rate cuts. This could lead to significant market volatility, and investors are advised to be cautious of potential risks.

  • September 27, 2024

Amplify ETFs Declares September Income Distributions for its Income ETFs

CHICAGO, Sept. 27, 2024 (GLOBE NEWSWIRE) -- Amplify ETFs announces September income distributions for its Income ETFs. ETF NameTickerAmount per ShareEx-DateRecord DatePayable DateAmplify Samsung SOFR ETFSOFR$0.427339/27/20249/27/20249/30/2024Amplify CWP Enhanced Dividend Income ETFDIVO$0.163439/27/20249/27/20249/30/2024Amplify Cash Flow High Income ETFHCOW$0.160009/27/20249/27/20249/30/2024Amplify CWP International Enhanced Dividend Income ETFIDVO$0.155209/27/20249/27/20249/30/2024Amplify CWP Gr