Conflict’s financial fallout short-lived: Moody’s
Market reaction to geopolitical events often proves overblown
- By: James Langton
- August 6, 2024 August 6, 2024
- 14:53
Market reaction to geopolitical events often proves overblown
Price pressures continue pullback, led by energy
Exports of crude oil, gold rose sharply
Economist warns people to be 'prudent' about any rebound in market activity
Natural resources accounted for largest share of GDP in a decade
And Calgary home sales dropped 10% year over year
Unemployment rate hits 4.3% as interest rates take economic toll
The rate dropped to its lowest level since early February
There have been job cuts across a range of sectors in the U.S. this year
It's the central bank's first rate cut since the onset of the Covid-19 pandemic
Crypto claims decline, AI-related cases on the rise
The rise in prices complicates the ECB's next decision on whether to cut interest rates
Retail and wholesale trade as well as oil and gas sector weighed on growth
If inflation continues to go down, a rate cut could be on the table in September: Powell
Bond issuance up, driven by accelerated refinancing
Slight pullback in rents mainly due to a spike in condo completions, Urbanation president says
Layoffs dropped to 1.5 million, the lowest since November 2022
Elevated prices for food, groceries are main driver of consumers’ view of U.S. economy
Germany, the leading European economy, remained in the dumps in the April-June quarter
Chinese markets have not shown much enthusiasm for the policies outlined in recent weeks
Consumer duty to be extended to existing products
Adoption was greatest among gen-Z respondents
Customized communication encourages clients to stick to the plan