May 2024 – Page 10

Positioning points to further S&P 500 upside – Citi

Posted by invnet
|Date: Tuesday, 21 May 2024
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Positioning points to further S&P 500 upside – Citi

The S&P 500 and the Nasdaq Composite soared to record highs last week, and Citi sees the potential fo ...

The S&P 500 and the Nasdaq Composite soared to record highs last week, and Citi sees the potential for further gains based on new risk flows, the bank said in a note dated May 20.“Bullish position ...

Tuesday, 21 May 2024
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Dollar steady; Fed speakers could provide impetus

Posted by invnet
|Date: Tuesday, 21 May 2024
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Dollar steady; Fed speakers could provide impetus

At 04:30 ET (08:30 GMT), the Dollar Index, which tracks the greenback against a basket of six other curre ...

At 04:30 ET (08:30 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded largely unchanged at 104.475.The dollar is basically steady Tuesday, but has drif ...

Tuesday, 21 May 2024
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Canadian dollar under pressure amid rate cut expectations

Posted by invnet
|Date: Tuesday, 21 May 2024
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Canadian dollar under pressure amid rate cut expectations

The proximity of inflation to the target has been a primary argument supporting the potential rate cut in ...

The proximity of inflation to the target has been a primary argument supporting the potential rate cut in June. However, a surge in job creation in Canada in April has challenged the dovish outlook. T ...

Tuesday, 21 May 2024
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Swedish Krona holds strong; Euro rangebound

Posted by invnet
|Date: Tuesday, 21 May 2024
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Swedish Krona holds strong; Euro rangebound

Thedeen, known for his cautious stance on monetary policy, has emphasized the risks associated with a wea ...

Thedeen, known for his cautious stance on monetary policy, has emphasized the risks associated with a weaker krona. His recent comments have diminished market expectations of a rate cut to 30%, sugges ...

Tuesday, 21 May 2024
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Dollar finds support amid paused equities rally and bond yield rise

Posted by invnet
|Date: Tuesday, 21 May 2024
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Dollar finds support amid paused equities rally and bond yield rise

The situation in Iran has had a limited effect on global markets. There has been no clear impact on commo ...

The situation in Iran has had a limited effect on global markets. There has been no clear impact on commodity prices, which would typically be the first to reflect any significant geopolitical changes ...

Tuesday, 21 May 2024
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Biden campaign's fundraising lags Trump for the first time in April

Posted by invnet
|Date: Tuesday, 21 May 2024
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Biden campaign's fundraising lags Trump for the first time in April

WASHINGTON (Reuters) -President Joe Biden's 2024 campaign's fundraising in April lagged rival Donald Trum ...

WASHINGTON (Reuters) -President Joe Biden's 2024 campaign's fundraising in April lagged rival Donald Trump's for the first time, after the former president ramped up his joint operation with the Repub ...

Tuesday, 21 May 2024
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Biden: What's happening in Gaza is not genocide

Posted by invnet
|Date: Tuesday, 21 May 2024
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Biden: What's happening in Gaza is not genocide

WASHINGTON (Reuters) - U.S. President Joe Biden strongly defended Israel on Monday, saying Israeli forces ...

WASHINGTON (Reuters) - U.S. President Joe Biden strongly defended Israel on Monday, saying Israeli forces are not committing genocide in their military campaign against Hamas militants in Gaza in a re ...

Tuesday, 21 May 2024
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Biden reaches out to Republican leaders for support of border bill

Posted by invnet
|Date: Tuesday, 21 May 2024
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Biden reaches out to Republican leaders for support of border bill

Democrats are again trying to pass the Border Act, which they say would reform U.S. asylum laws, hire tho ...

Democrats are again trying to pass the Border Act, which they say would reform U.S. asylum laws, hire thousands of border agents and help curtail fentanyl smuggling.Record numbers of migrants have bee ...

Tuesday, 21 May 2024
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Key Trump donor Mellon gives RFK Jr super PAC $5 million more

Posted by invnet
|Date: Tuesday, 21 May 2024
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Key Trump donor Mellon gives RFK Jr super PAC $5 million more

NEW YORK (Reuters) - A super PAC supporting Robert F. Kennedy Jr's presidential campaign received $5 mill ...

NEW YORK (Reuters) - A super PAC supporting Robert F. Kennedy Jr's presidential campaign received $5 million in April from Timothy Mellon, the latest donation the 81-year-old banking heir has made to ...

Tuesday, 21 May 2024
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After prosecution rests, Trump lawyers ask judge to dismiss hush money trial

Posted by invnet
|Date: Tuesday, 21 May 2024
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After prosecution rests, Trump lawyers ask judge to dismiss hush money trial

NEW YORK (Reuters) -Donald Trump's lawyers asked the judge overseeing his criminal hush money trial on Mo ...

NEW YORK (Reuters) -Donald Trump's lawyers asked the judge overseeing his criminal hush money trial on Monday to dismiss the case before it reaches the jury, arguing the testimony of star witness Mich ...

Tuesday, 21 May 2024
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