Hints and tips:
...Kristina Hooper, chief global market strategist at Invesco, said that “there are certainly blemishes” in the latest data, but added these would not be enough to disrupt the Fed’s plans for next week....
...Nvidia shares rose 4 per cent on Friday, giving it a valuation of about $2.05tn. Its share price has now climbed 66 per cent since the start of 2024, or about $830bn in dollar terms....
...“This has been a pretty optimistic period in time,” said Kristina Hooper, chief global market strategist at Invesco....
...“The Fed will likely need more data to feel comfortable [before cutting rates],” said Kristina Hooper, chief global market strategist at Invesco....
...Those lucky enough to have bagged one will see big names Guns N’ Roses, Arctic Monkeys and Lana Del Rey lighting up Somerset’s Worthy Farm....
...“This jobs report is . . . helping convince non-believers that this is very much the end of the rate hike cycle,” said Kristina Hooper, chief global markets strategist at Invesco....
...Treasury yields suffered their biggest weekly decline since the collapse of Silicon Valley Bank in March last week, while Wall Street’s S&P 500 stocks index rose for eight consecutive sessions from October...
...This of course increases the already high odds that the Fed will not hike rates in September,” said Kristina Hooper, chief global market strategist at Invesco....
...“Really peeling back the layers, it is very positive in terms of consumer spending,” said Kristina Hooper, chief global markets strategist at Invesco....
...Kristina Hooper, the chief global market strategist at Invesco US, said: It seems likely that the trajectory we are on is one in which we have a bumpy landing....
...Employment across the government rose by 47,000, while that for professional and business services gained 39,000....
...“The data this week has brought a dose of reality to markets,” said Kristina Hooper, chief global market strategist at Invesco US....
...Japan’s Topix rose 0.2 per cent....
...The Swiss franc rose 1.9 per cent against the euro on Thursday to around €0.98....
...“Conditions became oversold for the S&P 500,” said Kristina Hooper, chief global macro strategist at Invesco....
...Brent crude, the oil benchmark, rose 2.2 per cent to $102.78 a barrel....
...Average earnings rose 5.5 per cent year-on-year in April, staying above 5 per cent for the fourth consecutive month....
...These are particularly pressing topics in the Alps, where the temperature rose by almost twice the global average in the past 120 years....
...So that is, on balance, a fairly benign perspective,” said Kristina Hooper, chief global market strategist at Invesco....
...On Wednesday, Invesco’s Kristina Hooper told me she thinks central bank tightening is a bigger risk to markets than Ukraine....
...“While there is clarity on Fed tapering, there is significant uncertainty about when the Fed will begin hiking rates — and that is causing rising fears that it could happen this spring,” said Kristina Hooper...
...homeware for Selfridges: a New Order velvet throw featuring the 1983 cover artwork for their album Power, Corruption and Lies — itself a reproduction of Henri Fantin-Latour’s 1890 painting “A Basket of Roses...
...A similar index from MSCI that excludes Chinese stocks rose more than 9 per cent....
...“We are on the train to normal,” said Kristina Hooper, chief global market strategist at Invesco. “We are not quite there yet but we are certainly moving in the right direction....
...Economists also pointed to the household survey portion of November’s jobs report, which indicated the number of employed rose 1.1m as 594,000 more people joined the labour force....
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