Fed Faces New Risks as It Navigates Both Inflation and Jobs

(Bloomberg) -- How soon do they start, how fast do they go and where do they end?Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Floating Island in Baltimore Raises Hope for a Waterfront RevivalA Warehouse Store Promises Housing for South LA, in BulkThe Cross-Continental Race Using Only Public TransitFederal Reserve officials are largely in agreement it’s almost time to lower interest rates. Investors are on

Nvidia's Q2 Earnings Preview: The Fight to Stay on Top

What to look out for regarding Nvidia's Q2 earnings result on 28 August 2024.

US consumer sentiment rises in August; inflation expectations steady

The University of Michigan's preliminary reading on the overall index of consumer sentiment came in at 67.8 this month, compared to a final reading of 66.4 in July. The survey noted that for consumers surveyed, sentiment for Democrats jumped 6% in the wake of Vice President Kamala Harris replacing President Joe Biden as the Democratic nominee for president. The survey showed 41% of consumers viewed Harris as the better candidate for the economy, while 38% chose Republican nominee Donald Trump.

Brazil Economic Activity Tops All Forecasts, Backing Rate Hike Warning

(Bloomberg) -- Brazil’s economy grew much more than expected in June as central bankers warn that stronger demand and above-target inflation could force them to hike interest rates again. Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Floating Island in Baltimore Raises Hope for a Waterfront RevivalA Warehouse Store Promises Housing for South LA, in BulkThe Cross-Continental Race Using Only Public TransitTh

Gold, Silver Technicals: XAU/USD Tests All-Time High, Silver Bulls Reemerge

Global money market funds draw second weekly inflow amid US economic uncertainty

Global investors poured into money market and government bond funds in the week to Aug. 14, preferring to stick with lower risk assets while waiting for more clarity on the health of the U.S. economy. According to LSEG data, investors purchased a net $14.24 billion in global money market funds during the week, adding to the $97 billion bought over the previous seven days. Government bond funds attracted $2.6 billion for a 15th consecutive weekly net inflow.

Harris aims to blunt Trump's economic attacks by proposing new tax breaks in a bid to lower costs

Vice President Kamala Harris is promoting a broad set of economic proposals that would offer new tax breaks and lower the cost of living for Americans, aiming to address the financial concerns that are at the top of the mind for voters and that Republican Donald Trump is trying to lay at her doorstep. Harris will be in the battleground state of North Carolina on Friday to lay out her plans, including a proposal for a federal ban on price gouging on groceries.

“The Chainsaw Never Stops.” Milei’s Support Survives His Economic Experiment

(Bloomberg) -- To say that life hasn’t been easy in Argentina since Javier Milei won the presidency would be to downplay the everyday reality of a nation undergoing the equivalent of economic surgery.Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Floating Island in Baltimore Raises Hope for a Waterfront RevivalA Warehouse Store Promises Housing for South LA, in BulkThe Cross-Continental Race Using Only Publ

EUR/USD and USD/JPY – Latest Sentiment Analysis

Malaysia central bank upbeat as economy grows at fastest pace in six quarters

KUALA LUMPUR (Reuters) -Malaysia's economy expanded at its fastest rate in 18 months in the second quarter helped by stronger household spending, exports and investment, with the central bank forecasting full-year growth to come in near the upper end of its forecast range. Gross domestic product grew 5.9% in the April-to-June period, data showed on Friday, accelerating from 4.2% in the first quarter and surpassing analysts' and early government estimates for a 5.8% rise. On a quarter-on-quarter seasonally adjusted basis, GDP rose 2.9%, compared with a 1.5% rise in the January-to-March period, data from Bank Negara Malaysia (BNM) and the Statistics Department showed.