Tom Lee from Fundstrat believes stocks are likely to rise after the Fed’s decision.
This report from FundStrat’s FS Insight highlights some interesting dynamics in the stock market, particularly concerning the S&P 500. According to Mark Newton, who oversees technology strategy, the current market pattern could be termed a “bearish envelope.” While that sounds rather ominous, it actually suggests that stocks are taking a moment to digest their recent […]
Central bank holds rates steady, but two oppose the decision to take a cautious stance
Federal Reserve Stands Firm on Interest Rates Amidst Trump Pressure On Wednesday, the Federal Reserve decided to keep interest rates unchanged, despite significant pressure from President Trump. For context, the Federal Open Market Committee has maintained its benchmark rate since last December, holding it steady at a range between 4.25% and 4.5%. This decision marks […]
Pound Sterling levels off against US Dollar before Fed interest rate decision
Sterling is trading around 1.3350 against the US dollar, with investors closely watching for the Federal Reserve’s impending financial policy announcement. There is a prevailing hope among investors that the Fed will hold interest rates steady. Concurrently, a dip in labor demand in the UK is setting the stage for potential interest rate reductions by […]
Silver Price Prediction: XAG/USD hovers around $38.00 as traders look for Fed’s decision
Silver is stabilizing around the 20-day SMA at $37.88, approaching significant support that reflects some uncertainty. The RSI is showing a bullish but flat trend, indicating a lack of momentum as everyone waits for the Fed’s rate decision. If it moves up, $39.00 is the next target, with $38.50 also in sight. On the downside, […]
GBP/USD reaches a low before important Fed rate decision
The GBP/USD pair saw a rebound on Tuesday, reducing some of its losses after testing the 1.3300 level. With little economic data emerging from the UK, the focus remains on the US statistics. This week’s US GDP, PCE inflation, and NFP job reports could significantly influence market movements. On Tuesday, GBP/USD managed to stabilize, halting […]
U.S. and China Continue Tariff Pause, Awaiting Trump’s Decision
Trade officials from the US and China wrapped up their third round of negotiations in Stockholm, Sweden, on Tuesday, with a commitment to sustain the current “tariff ceasefire”—pending President Donald Trump’s approval. “We’re heading back to Washington, DC, and will discuss with the president whether that’s his direction. Ultimately, he makes the decision,” remarked US […]
Canadian Dollar keeps falling before Fed rate decision
The Canadian dollar faced further declines on Tuesday as the US dollar continued to strengthen. Lack of economic data from Canada left CAD traders somewhat sidelined. The market sentiment remains bullish for the US dollar, particularly ahead of significant economic reports from the US. The Canadian Dollar (CAD) experienced its fourth straight day of losses […]
EPA leader Lee Zeldin to cancel ‘holy grail’ emissions decision from Obama era that increased energy expenses for years
EPA Head Plans to Revoke Obama-Era Emissions Regulations WASHINGTON – Lee Zeldin, the administrator of the Environmental Protection Agency, is set to scrap emissions regulations established during the Obama administration. He has previously referred to these rules as the “Holy Grail of Climate Change Religion.” These regulations are linked to $1 trillion in costs and […]
Cheryl Reeve criticizes Emma Meesseman’s Liberty signing: ‘Not the right decision’
Minneapolis Lynx Coach Critiques Emma Meesman’s Choice Recently, Lynx coach Cheryl Reeve had a forthright response to Emma Meesman’s decision to join a different team. After practice on Tuesday, Reeve didn’t hold back, stating simply, “She made the wrong choice.” The Lynx, along with the Liberty and Mercury, were the last three teams vying for […]
MLB umpire made a decision so terrible it stunned everyone
The Challenges of Umpiring in Major League Baseball Umpiring is tough at any level, especially in major league baseball. You’ve got to make quick decisions on tight calls at the bases or home plate. The home plate umpires have to call balls and strikes in a flash, facing pitches that can be heart-stopping. It’s not […]