Unimpressed. | MarketTalk: What’s up today? | Swissquote
We had good news, bad news and news that are fundamentally good for the economy and bad for the global rate cut expectations.
The European economies performed better than expected last quarter, but we see an uptick in latest inflation metrics. The US companies announce more layoffs, but the job openings increased in December.
The Federal Reserve (Fed) will announce its latest decision today as investors will be hunting for clues about the timing of the first rate cut.
In the corporate space, Microsoft released its latest quarterly results after the bell yesterday. Both earnings and revenue were better than...