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China's economy reveals pockets of softness. Here's what to watch ahead of Friday's data https://www.cnbc.com/2024/05/15/chinas-economy-reveals-pockets-of-softness-ahead-of-fridays-data.html May 14, 2024 - As China's economy moves into the second quarter of the year, a few indicators are raising expectations for monetary policy easing.
U.S. Stocks Turning In Another Lackluster Performance Following Inflation Data https://www.rttnews.com/story.aspx?Id=3447730 May 14, 2024 - Following the lackluster performance seen in the previous session, stocks continue to experience choppy trading on Tuesday. The major averages have once again spent the day bouncing back and forth across the unchanged line. The choppy trading on Wall Street comes following the release of a Labor Department report showing producer prices in the U.S. increased by more than expected in April.
Australia Wage Price Data Due On Wednesday https://www.rttnews.com/3447447/australia-wage-price-data-due-on-wednesday.aspx?type=alleco May 14, 2024 - Australia will on Wednesday release Q1 figures for its wage price index, highlighting a modest day for Asia-Pacific economic activity. In the three months prior, wage prices rose 0.9 percent on quarter and 4.2 percent on year.
Secrecy Concerns Mount Over Spy Powers Targeting US Data Centers https://www.wired.com/story/section-702-ecsp-civil-liberties-letter/ May 14, 2024 - A coalition of digital rights groups is demanding the US declassify records that would clarify just how expansive a major surveillance program really is.
Powell Speech In Focus Ahead Of CPI Data Release https://www.rttnews.com/story.aspx?Id=3447664 May 14, 2024 - Anticipation of potential hints on Fed's monetary policy outlook spotlighted Fed Chair Jerome Powell's speech on Tuesday.
Producer Price Inflation Data May Weigh On Wall Street https://www.rttnews.com/story.aspx?Id=3447704 May 14, 2024 - The major U.S. index futures are currently pointing to modestly lower open on Tuesday, with stocks likely to move to the downside after ending yesterday's lackluster session narrowly mixed.
Futures Jump Following Tamer-Than-Expected Consumer Price Inflation Data https://www.rttnews.com/story.aspx?Id=3448055 May 15, 2024 - The major U.S. index futures are currently pointing to a higher open on Wednesday, with stocks likely to extend the upward move seen over the course of the previous session.
Vanda (VNDA) Rises on Positive Data From Motion Sickness Study https://www.zacks.com/stock/news/2274914/vanda-vnda-rises-on-positive-data-from-motion-sickness-study?cid=CS-ZC-FT-analyst_blog|company_news_-_medical_sector-2274914 May 16, 2024 - Vanda's (VNDA) tradipitant appears effective in preventing vomiting associated with motion sickness in a second phase III study. Stock rises on the news.
Roche (RHHBY) Posts Encouraging Phase I Obesity Drug Data https://www.zacks.com/stock/news/2274860/roche-rhhby-posts-encouraging-phase-i-obesity-drug-data?cid=CS-ZC-FT-analyst_blog|company_news_-_medical_sector-2274860 May 16, 2024 - Data from the study shows that nearly half of the patients who received Roche's (RHHBY) subcutaneously-administered obesity drug lost more than 20% of their body weight after 24 weeks.
Jones Lang (JLL) to Buy SKAE to Boost Data Center Expertise https://www.zacks.com/stock/news/2275029/jones-lang-jll-to-buy-skae-to-boost-data-center-expertise?cid=CS-ZC-FT-analyst_blog|company_news_-_finance_sector-2275029 May 16, 2024 - Jones Lang (JLL) announces acquisition of SKAE Power Solutions to enhance data center capabilities.

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