HSBC Maintains Bullish Outlook on US Stocks Amid Chip Sector Volatility
HSBC continues to favor US equities, citing resilient economic growth and a strong AI narrative, while interpreting recent declines in semiconductor stocks as…
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Japan's real wages increased for the sixth month in a row in June, with inflation-adjusted wages growing 1.6% year-on-year. This trend, alongside a rise in base salaries, strengthens the argument for the Bank of Japan to consider further interest rate increases as part of its ongoing policy normalization.
Read storyHSBC continues to favor US equities, citing resilient economic growth and a strong AI narrative, while interpreting recent declines in semiconductor stocks as…
Bank of America has revised its projections for capital expenditure in the AI sector, forecasting a nearly 50% increase by 2027. The bank anticipates that hype…
The upcoming week features significant economic data releases, including manufacturing PMIs, U.S. job openings, and labor market reports from both the U.S. and…
Eurozone inflation has edged up in July, prompting speculation about future ECB rate hikes. Meanwhile, the Bank of Japan holds rates steady, with Governor Ueda…
Following a week dominated by major tech earnings, the upcoming calendar features reports from various sectors including industrials, healthcare, and consumer…
Lorie Logan, President of the Dallas Federal Reserve, has voiced her dissent regarding the recent FOMC rate decision, advocating for a quarter-point rate hike…
Oil prices fell nearly 5% as President Trump announced the cancellation of planned strikes on Iran, hinting at a potential deal regarding the Strait of Hormuz.…
European equities ended the week on a positive note, with most major indices posting modest gains. The FTSE MIB led the region, while the UK's FTSE 100 was the…