Category: PMN Business

Oct 13

Economists predict inflation dipped below two per cent in September

Breadcrumb Trail Links PMN PMN Business Author of the article: The Canadian Press Rosa Saba Published Oct 13, 2024  •  3 minute read Article content Economists expect inflation continued its downward trend last month, giving the Bank of Canada the all-clear to continue cutting its benchmark interest rate. “We are looking for headline inflation to […]
Oct 12

Five Themes for Traders to Watch as Earnings Season Kicks Off

Breadcrumb Trail Links PMN Business Earnings season is here, and the US stock market’s furious $9 trillion 2024 rally is facing perhaps its biggest test of the year. Author of the article: Bloomberg News Jessica Menton and Sagarika Jaisinghani Published Oct 12, 2024  •  4 minute read 4ox()}h3zb3xc6{c4xh]1b2j_media_dl_1.png Citigroup, Bloomberg Article content (Bloomberg) — Earnings […]
Oct 12

Charting the Global Economy: US Inflation Exceeds Forecasts

Breadcrumb Trail Links PMN Business US inflation last month was a touch stronger than forecast, helping to consolidate market bets that the Federal Reserve will opt for a smaller interest-rate cut in November. Author of the article: Bloomberg News Vince Golle and Molly Smith Published Oct 12, 2024  •  4 minute read ktjxhavps2cmtea}kkpznc7r_media_dl_1.png Destatis Article […]
Oct 11

S&P 500 Tops 5,800 as JPMorgan Powers Bank Gains: Markets Wrap

Breadcrumb Trail Links PMN Business Stocks hit fresh all-time highs as big banks rallied after kicking off the earnings season with solid earnings. Author of the article: Bloomberg News Rita Nazareth Published Oct 11, 2024  •  Last updated 0 minutes ago  •  4 minute read exmolg4o3q11bswlewrg0hwu_media_dl_1.png Bureau of Labor Statistics Article content (Bloomberg) — Stocks hit […]