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August 19, Economic Pulse – Key Events This Week
Key Events This Week The European Central Bank (ECB) interest rate decision On August 22, Thursday the ECB will meet to decide on the key interest rate. With high inflation and slowing economic growth, any rate change could have a significant impact on European markets and the Euro. People’s Bank of China’s benchmark lending rate – forecast 3.35% August 20 , Tuesday – Currently, the benchmark lending rate is formed based on rates with two loan maturities: one year and over five years. 18 banks are the data providers for the formation of the benchmark lending rate. OPEC World Oil Market Report OPEC’s monthly report is expected…
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August 12, Economic Pulse – Key Events This Week
Key Events This Week Markets Next Week: Inflation, Retail Sales and Geopolitics. US inflation: A decline is expected, but markets will closely monitor the pace of cooling. The results will influence expectations for a Fed rate cut in September. Retail Sales: An important indicator of the state of consumer demand. Weak data could heighten recession fears. Fed Speeches: Comments from Fed officials will be scrutinised for hints of future monetary policy. Volatility: Markets remain volatile due to recession fears, geopolitical tensions and possible continued correction in global financial flows. Corporate earnings: Reports from major retailers Home Depot and Walmart are expected to provide insight into the consumer market. Oil: Oil prices are rising amid concerns…
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US Markets Fall Amid Fears of Economic Crisis
US markets fall amid fears of economic crisis Global markets are falling as investors fear the possibility of an economic slowdown following a weak US jobs report. The broad market fell sharply and the Nasdaq entered correction territory. Recession fears were heightened by a combination of weak economic data and the Federal Reserve’s stance on monetary policy. Key market factors: Weak US jobs report: Lower-than-expected job growth and a higher unemployment rate added to recession fears. Federal Reserve policy: Uncertainty about the Fed’s ability to deliver a soft landing and possible policy missteps. Market Correction: The Nasdaq’s drop of more than 10% from its peak suggests…
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August 2, Economic Pulse – Buy stocks when there’s blood in the streets
Buy stocks when there’s blood in the streets The strategy “Buy stocks when there is blood in the streets” is an old investment maxim that, while brutal, reflects some historical experience. It is attributed to various famous investors, including Baron Rothschild. The idea is that during periods of high market volatility caused by crises, wars or other major events, stock prices often fall well below their real value. Investors who are able to overcome fear and buy stocks during such times can make substantial profits when the market begins to recover. Panic and sell-offs: During crises, investors often panic and sell their stocks at low prices without assessing…