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S&P 500 rises as Nvidia boosts market sentiment

S&P 500 rises as Nvidia expectations outweigh concerns over Trump’s Fed governor removal

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S&P 500 rises as Nvidia expectations outweigh concerns over Trump’s Fed governor removal

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In Short:
– The S&P 500 rose 0.41% as traders reacted to Trump’s removal of Fed Governor Cook.
– Cook plans to sue Trump, while investors anticipate interest rate cuts from the Federal Reserve.
The S&P 500 closed higher on Tuesday as traders moved past President Donald Trump’s removal of Federal Reserve Governor Lisa Cook.
The index rose 0.41% to 6,465.94, while the Nasdaq Composite gained 0.44% to finish at 21,544.27. The Dow Jones Industrial Average added 135.60 points, closing at 45,418.07.Long-term Treasury yields increased, while short-term yields fell, indicating that investors expect short-term rates to drop but eventually rise again.

The U.S. dollar index decreased by 0.2%. Cook plans to file a lawsuit against her removal, and the Fed stated it would comply with any court ruling.

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Lawyer Abbe Lowell asserted Trump has no legal grounds to remove Cook. Currently, there are six Fed board members, and Cook’s removal would create a 4-3 majority for Trump, provided Stephen Miran is confirmed.

Investors remain optimistic about potential interest rate reductions in September, following indications from Fed Chair Jerome Powell.

Adam Crisafulli from Vital Knowledge noted that, while markets may absorb the Cook news quickly, the independence of the Fed is in jeopardy.


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Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

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US dollar strength hits NZ dollar amid FX market shifts

US dollar rises amid strong US growth; New Zealand faces pressure as traders navigate volatile FX and geopolitical impacts.

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US dollar rises amid strong US growth; New Zealand faces pressure as traders navigate volatile FX and geopolitical impacts.


The US dollar is surging as strong economic growth in the United States contrasts with softer conditions in New Zealand. Policy divergence and complex global FX factors are putting pressure on the New Zealand dollar, leaving traders navigating choppy waters.

Steve Gopalan from SkandaFX breaks down how US interest rates are influencing key currency pairs like USD/JPY, and explains why hedging flows are crucial in today’s volatile environment.

We also explore the ripple effects of geopolitical tensions on oil and broader markets, while examining the Australian labour market’s role in shaping the Reserve Bank of Australia’s monetary policy.

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Oil hits seven-month high, and gold surpasses $5,000 amid US-Iran tensions

Oil prices hit seven-month high amid U.S.-Iran tensions; experts analyze impacts on global economy and energy markets.

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Oil prices hit seven-month high amid U.S.-Iran tensions; experts analyze impacts on global economy and energy markets.


Oil prices have surged to a seven-month high as escalating tensions between the U.S. and Iran spark fears of global supply disruptions. The Strait of Hormuz remains a flashpoint, with analysts closely monitoring potential military actions that could further strain energy markets.

Investors are reacting to geopolitical uncertainty, with oil markets pricing in heightened risk.

Kyle Rodda from Capital.com joins us to discuss what is driving these record-breaking price movements and the potential implications for the global economy.

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Australia jobs, market trends, and tariff ruling: What investors need to know

Australia’s jobs report shapes rate forecasts, with cyclical assets favored amid market volatility and upcoming Supreme Court rulings on tariffs.

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Australia’s jobs report shapes rate forecasts, with cyclical assets favored amid market volatility and upcoming Supreme Court rulings on tariffs.


Australia’s latest jobs report is shaping market expectations and interest rate forecasts. Strong employment growth could boost confidence in the economy, while weaker data might prompt a rethink of monetary policy.

Investors are favouring cyclical assets over growth stocks, targeting sectors like industrials, materials, and energy. David Scutt from StoneX notes this reflects both caution amid market volatility and a bet on areas tied to economic cycles.

Meanwhile, the upcoming Supreme Court ruling on Trump’s reciprocal tariffs could significantly impact markets, yet many are overlooking its potential effects on trade, commodity prices, and sector valuations. Investors should prepare for possible volatility and adjust strategies accordingly.

#AustraliaJobs #InterestRates #CyclicalAssets #GrowthStocks #MarketInsights #TrumpTariffs #InvestorTrends #TickerNews


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