With one of the most important US Non-Farm Payroll data expected later this afternoon and the last for the year, markets will be looking at the recovery of the US economy. Read more.
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David Marcus, the head of cryptocurrency efforts at Facebook parent company Meta, announced Tuesday that he will be leaving the company at the end of the year.
Zoom reported better-than-expected quarterly profit on Monday, but warned investors that revenue growth at the video chat company will slow as the pandemic comes to an end. Read more.
The markets were positive yesterday for the first time in the last 2 weeks in the lead-up to tomorrows FOMC announcement, US indices recovered but still has a fair amount of ground to make up to get back to this month’s open. Read more.
Tapering has been on the tip of every investor’s tongue over the past couple of months following the Fed’s hawkish approach to announce a possible interest rate hike in 2023. Read more
“Substantial further growth” and “Transitory” seems to be the keywords that the Fed likes to focus on, and may very well be the catalysts to the Fed’s tapering announcement that may very well happen in the next month’s FOMC meeting. Read more.
