Consequences of Metalist 1925’s Removal from UPL: Canceled Results and Lost Points

Consequences of Metalist 1925’s Removal from UPL: Canceled Results and Lost Points

If Metalist 1925 is removed from the UPL due to funding problems, then the results of the matches of the Kharkiv club in the current season of the Ukrainian championship will be cancelled. This is stated in paragraph 25 of article 9 of the regulations of the UPL. At the same time, the individual statistics … Read more

US Housing Starts Surge in July Driven by Single-Family Construction

US Housing Starts Surge in July Driven by Single-Family Construction

U.S. housing starts rose in July. Amid limited supply in the second-hand housing market, an increase in single-family housing starts drove overall sales. Key points Housing starts up 3.9% month-on-month at an annualized rate of 1,452,000 units The median forecast for the previous month was revised down to 1,398,000 units (preliminary estimate: 1,434,000 units) Single-family … Read more

Federal Reserve Bank of Minneapolis President Neel Kashkari discusses curbing inflation and the pace of inflation

Federal Reserve Bank of Minneapolis President Neel Kashkari discusses curbing inflation and the pace of inflation

Federal Reserve Bank of Minneapolis President Neel Kashkari said on Thursday that the U.S. was making positive moves to curb inflation, but that the pace of inflation was more than policymakers could tolerate. . “Inflation is slowing right now. But he said inflation was “still too high.” He will vote at this year’s Federal Open … Read more

US CPI Core Index Slows for 2nd Straight Month, Bolstering Hopes for Inflation Control

US CPI Core Index Slows for 2nd Straight Month, Bolstering Hopes for Inflation Control

In July, the US consumer price index (CPI), which excludes food and energy, rose 0.2% from the previous month. Growth remained low following June. It further bolstered hopes that the Fed will be able to calm inflation without triggering a recession. U.S. CPI core index slows for 2nd straight month, hopes for subduing inflation (3) … Read more

July US ISM Services Report Shows Slowdown in Activity and Job Growth

July US ISM Services Report Shows Slowdown in Activity and Job Growth

The July nonmanufacturing headline index released by the Institute for Supply Management (ISM) showed a slowdown in activity, partly due to slowing job growth. Key Point Nonmanufacturing Headline Index fell 1.2 points to 52.7 Median market forecast compiled by Bloomberg was 53.1 last month 53.9 Index 50 marks the line between expansion and contraction in … Read more

Hedge Funds Facing Risks and Unwinding Positions in Unusual 2023 U.S. Stock Market

Hedge Funds Facing Risks and Unwinding Positions in Unusual 2023 U.S. Stock Market

The risks are beginning to outweigh the rewards for hedge funds as they grapple with an unusual 2023 U.S. stock market. Professional managers who are both bullish and bearish on equities trimmed positions on both sides of the book last week, according to aggregated data from JPMorgan Chase & Co.’s prime brokerage division. The rush … Read more

Chicago Fed President Goolsby on Rate Hikes and Inflation Easing

Chicago Fed President Goolsby on Rate Hikes and Inflation Easing

Chicago Fed President Goolsby said data showing slowing inflation was “great news” but said he had not decided whether to support a moratorium on rate hikes at the next meeting of the Federal Open Market Committee (FOMC). In an interview with Yahoo Finance on Wednesday, he said, “I haven’t decided yet what to do in … Read more

Potential Sell-Off Looms as Traders Remain Fearless in Bullish U.S. Stock Market

Potential Sell-Off Looms as Traders Remain Fearless in Bullish U.S. Stock Market

While the bullish U.S. stock market has created a fearless atmosphere among traders right now, some strategists are gearing up for the potential for a sell-off. The S&P 500 is up 19% year-to-date, and wait-and-see investors are back in the market. Traders’ exposure to equities is at historically high levels, according to an analysis by … Read more

US Inflation Cooled and Consumer Spending Increased in June: Key Indicators and Analysis

US Inflation Cooled and Consumer Spending Increased in June: Key Indicators and Analysis

In the US, key inflation indicators indicated continued easing of price pressures. Personal consumption was also active, and it became clear that the economy was gaining momentum ahead of the July-September quarter (third quarter). Key Points U.S. Personal Consumption Expenditures (PCE) rose 0.5% month-on-month in June Economists’ median estimate rose 0.4% Personal income rose 0.3% … Read more

Crypto Assets Surge as XRP Ruling Favors Industry and Boosts Hope for Narrowed SEC Scope

Crypto Assets Surge as XRP Ruling Favors Industry and Boosts Hope for Narrowed SEC Scope

In the trading on the 13th of New York time, the price of crypto assets (virtual currency) rose across the board. In a lawsuit filed by the U.S. Securities and Exchange Commission (SEC) against Ripple Labs, which issues XRP (Ripple), it is said that if XRP is sold to general investors, it does not correspond … Read more