Streetbeat News

Economic Data

FXE

FXY

UUP

The U.S. Dollar Index retreated following a lower-than-expected Michigan Consumer Sentiment report, which dropped from 64.7 to 57.0 in March. This decline has implications for various currency pairs, with potential technical movements across EUR/USD, GBP/USD, USD/CAD, and USD/JPY.

Portfolio Pulse from

March 28, 2025 | 5:30 pm

SPY

TDVG

The T. Rowe Price Dividend Growth ETF (TDVG) presents an active investment strategy focusing on dividend-paying companies during uncertain economic conditions. With the Federal Reserve reducing 2025 GDP forecasts and ongoing tariff risks, TDVG seeks to provide portfolio stability through carefully selected large-cap dividend stocks with strong growth potential.

Portfolio Pulse from

March 28, 2025 | 5:30 pm

BTCUSD

The cryptocurrency market experienced a significant downturn, with Bitcoin and other major cryptocurrencies dropping due to higher-than-expected US inflation data. The Personal Consumption Expenditures (PCE) Index rose 0.4% monthly and 2.8% annually, raising concerns about potential delays in Federal Reserve interest rate cuts.

Portfolio Pulse from

March 28, 2025 | 5:30 pm

SPGI

S&P Global Mobility projects US auto sales will reach 1.45 million units in March 2025, representing a seasonally adjusted annual rate of 16.3 million units. This could be the peak before anticipated auto tariffs in April, which may create downside risks for auto demand and pricing. Battery-electric vehicle (BEV) sales are expected to reach an 8.5% market share in March.

Portfolio Pulse from

March 28, 2025 | 5:15 pm

BTCUSD

Bitcoin experienced a 3% drop following the release of February's PCE inflation data, which exceeded market expectations. The core PCE inflation rate rose slightly, potentially delaying Fed rate cuts and creating market volatility. Analysts are watching the $84,000 support level, with some predicting a potential test of $78,000-$80,000 if the level breaks.

Portfolio Pulse from

March 28, 2025 | 5:15 pm

SPGI

S&P Global Mobility projects US auto sales will reach 1.45 million units in March 2025, representing a seasonally adjusted annual rate of 16.3 million units. This could be the high point for auto sales in 2025 due to anticipated auto tariffs taking effect in April, which may create downside risks for auto demand and pricing.

Portfolio Pulse from

March 28, 2025 | 5:15 pm

F

GM

TSLA

The stock market experienced a turbulent week with significant volatility, marked by initial gains early in the week followed by a sharp broad market selloff on Friday. Inflation data and tariff uncertainties contributed to negative market sentiment across major indexes including the Dow Jones, S&P 500, and Nasdaq Composite.

Portfolio Pulse from

March 28, 2025 | 5:15 pm

SPY

The US economy showed mixed signals in February, with consumer spending rebounding while core inflation remained elevated at 2.5%. The Personal Consumption Expenditures (PCE) price index increased 0.3% for the month, potentially delaying the Federal Reserve's plans for interest rate cuts.

Portfolio Pulse from

March 28, 2025 | 5:00 pm

BND

VGK

ETF flows are experiencing significant shifts as investors seek safer investment options during current market volatility. Investors are moving away from major index funds and redirecting capital towards bond ETFs and European stock ETFs, indicating a risk-averse strategy in response to market unpredictability.

Portfolio Pulse from

March 28, 2025 | 5:00 pm

BTCUSD

The latest PCE inflation data showed a 0.3% core price increase in February, exceeding economists' expectations and sparking concerns about potential Federal Reserve interest rate hikes. This economic indicator caused declines across traditional and crypto markets, with Bitcoin falling 2.5% to around $84,700.

Portfolio Pulse from

March 28, 2025 | 4:45 pm