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1. Tech Shares Gain in U.S., General Market Falls Tech shares gained in the day as investors turned defensive after the Federal Reserve announced future interest rate increases. Federal Chair Jerome Powell yesterday accepted that inflation is posing risks, and said they had begun a discussion about slowing down bond purchases. Powell denied risk of […]
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1. U.S Markets in Red Awaiting More Economic Cues U.S Markets traded flat ahead of consumer price and inflation data announcement on Thursday. The announcement will be key in predicting how long the U.S Federal Reserve will keep the record-low interest rates unchanged. Crude oil prices cooled off continuing yesterday’s trend, after concerns of oversupply.  […]

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