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    MARKET FORECAST

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    22 July 2024
    Week ahead: Fed eyes rate cut amid economic shift

    Fed Chair Jerome Powell recently emphasised that the latest inflation figures boost confidence in reaching the 2% inflation target, suggesting a potential rate cut in September. June retail sales in the US, excluding autos, rose by 0.4%, surpassing expectations.

    15 July 2024
    Week ahead: Tech sell-off, inflation data drives markets

    A sharp sell-off in mega-tech stocks dragged down the Nasdaq and the S&P 500. However, a cooler-than-expected inflation update suggested a nearly certain 25 basis points (bp) Federal Reserve rate cut in September. Learn how despite the tech slump, the …

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