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German Private Sector Growth At 6-Month High
Attachment 44702
Germany's private sector grew at the fastest rate in six months in February, amid signs of improving demand even despite a fresh wave of infections linked to the Omicron variant, flash survey data from IHS Markit showed on Monday.
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U.S. Employment Shows Another Much Bigger Than Expected
After reporting much stronger than expected job growth in the previous month, the Labor Department released a report on Friday showing another significant increase in U.S. employment in the month of February.
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South Africa Economy Grows In Q4
Attachment 44842
South Africa's economy expanded in the final three months of 2021, after contracting in the previous quarter, preliminary data from Statistics South Africa showed Tuesday.
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Fed Raises Interest Rates 25 Basis Points
Attachment 45072
In an effort to combat inflation at 40-year highs, the Federal Reserve on Wednesday announced its widely expected decision to raise interest rates for the first time since December of 2018. The Fed said it has decided to raise the target range for the federal funds rate by 25 basis points to 0.25 to 0.5 percent.
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U.S. Consumer Confidence Unexpectedly Improves In March
Attachment 45246
The Conference Board released a report on Tuesday showing an unexpected improvement in U.S. consumer confidence in the month of March. The report showed the Conference Board's consumer confidence index rose to 107.2 in March from a revised 105.7 in February.
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U.S. Employment Jumps In March
A closely watched report released by the Labor Department on Friday showed U.S. employment increased by less than expected in the month of March. The report showed non-farm payroll employment jumped by 431,000 jobs in March after surging by an upwardly revised 750,000 jobs in February.
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U.S. Core CPI rose 0.3 percent in March
Attachment 45383
The index for all items less food and energy rose 0.3 percent in March following a 0.5-percent increase the prior month. The shelter index was by far the biggest factor in the increase, with a broad set of other indexes also contributing, including those for airline fares, household furnishings and operations, medical care, and motor vehicle insurance. In contrast, the index for used cars and trucks fell 3.8 percent over the month.
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Is It Time To Buy Netflix Again?
The vicious tech sell-off this year has hit the once high-flying FAANG stocks (Meta, Apple, Amazon, Netflix and Alphabet) particularly hard, but also created a buying opportunity for investors looking to snap up shares of these Big Tech companies at more attractive valuations, several experts argue.
Attachment 45515
The weekly chart of Netflix stock broke 200 SMA to below for the bearish breakdown: the chart is trying to cross 210 support level to below for the bearish trend to be continuing. By the way, the price is located in oversold trading area so if it is bounced from the support level to above so the berak market rally will be started.
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Fed Minutes Hint At More 50 Basis Point Interest Rate Hikes
Attachment 45737
With inflation remaining stubbornly elevated, the minutes of the Federal Reserve's latest monetary policy meeting showed the central bank intends to move "expeditiously" to a more neutral monetary policy stance. The minutes revealed the Fed plans to use both interest rate increases and reductions in the size of its balance sheet to achieve a neutral posture.
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Federal Reserve Raises Interest Rates By The Most Since 1994
Attachment 45931
In an effort to combat elevated inflation, the Federal Reserve on Wednesday announced the biggest increase in interest rates in almost thirty years. The Fed revealed that it has decided to raise the target rate for the federal funds rate by 75 basis points to 1.50 to 1.75 percent, marking the biggest rate hike since 1994.
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