Monday Market Update I 11-Mar-2024
Investors are eagerly anticipating Tuesday’s release of U.S. inflation data. Economists predict a 0.4% increase in February’s consumer price index.
Additionally, Thursday’s retail sales figures for February are expected to rebound by 0.8% after a previous decline.
Bitcoin has surged to a record high above $70,000, while oil prices dipped in Asian trade on Monday due to concerns over demand despite a tightening supply outlook for 2024.
On Tuesday, the UK will unveil its latest jobs report, focusing on wage growth amid speculation about a potential rate cut by the Bank of England. The Eurozone is set to release industrial production data for January. December’s report revealed a significant production increase, revising a full year of declines. Another robust reading would signal encouraging prospects for first-quarter GDP growth.
For more details, visit our website and follow us on social media.
https://www.youtube.com/watch?v=gN_UJh7Pu_k Metals: Gold slid 0.20% to $2,695, as the dollar strengthened, dimming its appeal. Commodities:…
The name itself reveals the essence of the term. An adjustable rate is a rate…
To better understand what after trading hours are, it is best to first explain “trading…
Aggregate demand refers to the total demand for goods and services produced within an economy…
The meaning of aggregate risk may differ depending on the context. Generally it pertains to…
This website uses cookies.