Dow Jones Falls as Investors Reduce Risk Ahead of Jerome Powell’s Speech: Nvidia’s Stock Surges and Goldman Sachs Predicts End of Rate-Raising Cycle

The Dow Jones continues to fall. Recently, it plummeted more than 100 points while investors sold to reduce their risk. ahead of a speech by Federal Reserve Chairman Jerome Powell tomorrow. As of 10:11 p.m. Thai time, the Dow Jones Industrial Average was 34,358.95 points, down 114.03 points or 0.33%, while the Nasdaq Index and … Read more

The baht strengthens against the dollar as Fed hints at interest rate slowdown

Money managers from Bangkok Bank revealed that the baht closed this evening at 34.81 / 83 baht / dollar, strengthening from the market opening this morning at 34.97 baht / dollar. During the day, the baht moved within a range of 34.80 – 35.00 baht/dollar. The baht continued to appreciate from yesterday. It also digested … Read more

Indices and Stock Market Conditions, Oil, Gold, and Foreign Money Markets as of July 10, 2023

Indices and stock market conditions, oil, gold and foreign money markets as of 10 July 2023 — The Dow Jones New York Stock Exchange closed up more than 200 points on Monday (July 10) after many Federal Reserve officials (Fed) signaled that The Fed is nearing the end of its cycle of tightening monetary policy. … Read more

WTI Crude Futures Rise 1% to $70 After US Inflation Data: Impact on Interest Rate Hikes by the Fed

WTI crude futures rose more than 1% to $70 after the US released the Personal Consumption Expenditure (PCE) price index, indicating that inflation had peaked. And will be a factor to slow down interest rate hikes by the Federal Reserve (Fed). At 9:55 p.m. Thai time, West Texas Crude Oil Contract (WTI) for delivery in … Read more

Dow Jones falls as Federal Reserve signals interest rate hikes to curb inflation; Chip stocks decline on new measures for chip exports to China

The Dow Jones Industrial Average fell more than 100 points after Federal Reserve Chairman Jerome Powell signaled he was willing to raise interest rates to curb inflation. As of 9:36 p.m. Thai time, the Dow Jones Industrial Average was 33,806.52 points, decreasing 120.22 points or 0.35%. Chip stocks fell today. Led by Nvidia (Nvidia) after … Read more

US Federal Reserve Pauses Interest Rate Hikes in Fight Against Inflation

US Federal Reserve Pauses Interest Rate Hikes in Fight Against Inflation

14 jun 2023 om 20:49Update: 7 uur geleden The US Federal Reserve (Fed) is taking a pause in raising interest rates in the fight against inflation. The US central bank umbrella had previously raised interest rates ten times in a row. However, there were hints of further interest rate hikes later this year. The Fed’s … Read more

“Fed Officials Split on Interest Rate Hikes: June Pause Possible”

“Fed Officials Split on Interest Rate Hikes: June Pause Possible”

Washington.-Federal Reserve officials were split earlier this month on whether to pause interest rate hikes at their next meeting in June, according to minutes from their May 2-3 meeting released today. “Several (Fed policymakers) suggested that if the economy performed in line with their current outlook, then further tightening of monetary policy after this meeting … Read more

“Dow Jones Falls Over 100 Points as Federal Reserve Signals Interest Rate Hike to Combat Inflation: Jerome Powell Delivers Speech at Thomas Laubach Research Conference on Monetary Policy”

The Dow Jones Industrial Average slipped more than 100 points after Federal Reserve Chairman Jerome Powell signaled he was going to raise interest rates to curb inflation. As of 10:50 p.m. Thai time, the Dow Jones Industrial Average was 33,427.48 points, down 108.43 points or 0.32%. Mr. Powell said “I understand the impact of high … Read more

Oil Prices Rise Ahead of Interest Rate Hike Decisions Amid Fears of Banking Crisis and Inflation

Oil Prices Rise Ahead of Interest Rate Hike Decisions Amid Fears of Banking Crisis and Inflation

Oil prices rise ahead of interest rate hike decisions, due to fears of the banking crisis and inflation in the United States, and fears of a decline in oil demand. Brent crude recorded $75.30 a barrel, and US West Texas Intermediate crude increased $2.78 to reach $71.34 a barrel. Oil prices rose, yesterday, Friday, and … Read more

“Dow Jones Closes Lower as Investors Uncertain of Fed’s Interest Rate Hikes – May 3 Recap”

The Dow Jones New York Stock Exchange closed lower on Wednesday (May 3) after comments by Federal Reserve Chairman Jerome Powell left investors uncertain. Will the Fed continue to raise interest rates? The Dow Jones Industrial Average closed at 33,414.24 points, a decrease of 270.29 points or -0.80%, the S&P 500 index closed at 4,090.75 … Read more