Recent content by Ariff Azraei

DAILY MARKET NEWS - 26-04-2024 U.S. economic growth slowed more than anticipated in the first quarter ahead of the PCE measure. The GDP came in at an annualised rate of 1.6%, below economists' forecasts of 2.4%, while the PCE price index is expected to accelerate, presenting a challenging...

DAILY MARKET NEWS – 23-04-2024 Japan is hopeful that inflation will remain around the 2% target for the next three years. This has set expectations of further interest rate hikes by the BOJ after its exit from the Yield Curve Control Easy policy earlier this year. Governor Ueda stated that the...

Visit our website for more analysis and updates: https://goldenbrokers.my/en/daily-market-news-752 DAILY MARKET NEWS – 18-04-2024 Recent market volatility has seen volatility-linked funds start reducing their equity exposure, and analysts expect further escalation in the market VIX index could...

Visit our website for more updates and analysis: https://goldenbrokers.my/en/daily-market-news-751 DAILY MARKET NEWS - 17-04-2024 Federal Reserve officials, including Chair Jerome Powell, have pushed back on expectations for interest rate cuts this year, stating that monetary policy needs to...

Visit our website for more updates and analysis: https://goldenbrokers.my/en/daily-market-news-750 The G7 leaders have come out and strongly condemned Iran's retaliatory attack on Israel, involving over 300 drones and missiles. They expressed their full solidarity with Israel and committed to...

Visit our website for more updates and analysis: https://goldenbrokers.my/en/daily-market-news-747 China's electric vehicle market is becoming increasingly saturated, competitive, and evolving quickly, with automakers offering aggressive incentives while Tesla hikes prices. In the midst of this...

Visit our website for more updates and analysis: https://goldenbrokers.my/en/daily-market-news-744 After the highly anticipated Federal Reserve rate, multiple central banks decided on their next path in fiscal policy. The Swiss National Bank cut interest rates for the first time since June...

Visit our website for more updates and analysis: https://goldenbrokers.my/en/daily-market-news-742 Super Micro Computer, a tech infrastructure company riding the AI wave that was recently added to the main board, is raising capital through a two million common share offering underwritten by...

Visit our website for more updates and analysis: https://goldenbrokers.my/en/daily-market-news-735 The U.S. Treasury Department announced new initiatives on Tuesday to boost affordable housing. Updated rules will allow state and local governments to use remaining "American Rescue Plan" funds...

Visit our website for more updates and analysis: https://goldenbrokers.my/en/daily-market-news-734 China has set an ambitious 2024 economic growth target of around 5%, demonstrating a continued prioritisation of growth despite challenges from its property crisis and high local government debt...

Visit our website for more updates and analysis: https://goldenbrokers.my/en/daily-market-news-732 The US economy reported robust growth of 3.2% in Q4 2023, possibly driven by strong consumer spending, which will be confirmed today. Despite a weak start in 2024 due to bad weather, economists...

Visit our website for more updates and analysis: https://goldenbrokers.my/en/daily-market-news-731 U.S. consumers were shown to have lost some confidence in February as they worried more about jobs and the election, even with slower inflation. The Conference Board’s reported index fell to...

Visit our website for more updates and analysis: https://goldenbrokers.my/en/daily-market-news-724 After Germany, now Japan's economy has also fallen into recession, with a 0.4% annualised decline in Q4 2023, raising doubts about the prior central bank's plans to mess with its easy monetary...

Visit our website for more updates and analysis: https://goldenbrokers.my/en/daily-market-news-723 US consumer inflation came in a little bit higher than expected at 3.1% in January, which rattled hopes of March Fed rate cuts, despite a deceleration from December's reading. High rents are the...

Visit our website for more updates and analysis: https://goldenbrokers.my/en/daily-market-news-722 The recent data suggests that the labour market is standing strong despite multiple announcements of layoffs, especially in the technology and media industries, where tax codes have hurt the cost...