Parallels between the current situation and the late 2010s highlight the risks of undershooting the inflation target should a major global shock hit – something that is all too plausible now. The national accounts and other recent key data have broadly tracked as expected. Growth is starting to improve as household incomes recover, though only […]
Feb 24, 2024
Weekly Focus – Strong Market Sentiment Continues
The leading AI chip designer Nvidia stole market headlines this week with a record daily jump in market capitalization of USD277bn on Thursday as its’ stock rose 16% after it released blowout results and provided upbeat expectations. The news drove a turn higher in stock markets with both EuroStoxx50 and S&P500 hitting new record highs. […]
The post Weekly Focus – Strong Market Sentiment Continues appeared first on Action Forex.