Japan’s Government Keeps Its Economic Assessment Unchanged In May

TalkMarkets - Mon, 05/27/2024 - 06:02
The Japanese Cabinet Office said in its report on Monday, the government kept its view on the economy unchanged for the third straight month in May.

Comerica Bank N.A, OCC Enters Agreement Over Compliance Issues - Revised

TalkMarkets - Mon, 05/27/2024 - 05:42
Comerica Bank & Trust, N.A entered into an enforcement agreement with the Office of the Comptroller of the Currency. This relates to the bank’s unsafe and unsound practices concerning the risk governance framework and internal controls.

S&P 500 Index Elliott Wave Technical Analysis

TalkMarkets - Mon, 05/27/2024 - 05:25
The S&P 500 Elliott Wave Analysis on the daily chart focuses on a trend that is described as impulsive. The primary structure currently observed is gray wave 5, which is situated within the context of orange wave 1.

Ifo Index Gives Cold Shower To Optimists

TalkMarkets - Mon, 05/27/2024 - 05:19
A stagnating Ifo index in May suggests that the bottoming out of the German economy is not yet being followed by a strong recovery.

Forex Today: Asian Stock Markets Trading Higher

TalkMarkets - Mon, 05/27/2024 - 04:33
Major Asian equity indices Hong Kong, China, Australia, South Korea, and Japan are ending the day higher. Some analysts see an increasing sentiment expecting a faster pace of US rate cuts as possibly helping sentiment.

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