Nikkei 225 hits resistance with Evening Star signal: Live levels

This paper incorporates the Lucas (1973) island model into a standard DSGE framework. It demonstrates that self-fulfilling stochastic inflation equilibria, which are driven by intrinsic uncertainty or pure sentiments, can exist under rational expectations. Furthermore, it shows that these sentiment-driven stochastic equilibria exhibit monetary non-neutrality, even when the fundamental equilibrium is unique and monetarily neutral….

This paper examines the long-term effects of early-life exposure to county health departments (CHDs), a public health initiative aimed at providing affordable healthcare access to disadvantaged and underserved areas during the early decades of the 20th century, on later-life longevity. We employ Social Security Administration death records linked with the 1940 census and implement a…

The stock market has staged an impressive reversal, with the Nasdaq erasing a loss of more than 350 points and turning positive. The index is now up 20 points at 24,952. The Dow Industrial Average has climbed 656 points, or 1.26%, while the S&P 500 is higher by 30 points, or 0.42%. European equities finished…

Commerzbank analysts highlight that China’s June Consumer Price Index (CPI) slowed to 1.0% year-on-year while Producer Price Index (PPI) rose 4.1%, widening the PPI-CPI gap and squeezing downstream margins. The PBoC acknowledged “structural divergence” between high-tech strength and weak consumption. Despite this backdrop, USD/CNY and USD/CNH both fell, reflecting some currency strength even as domestic…

Meta weighs multibillion-dollar AI infrastructure deal with Anthropic !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}

When it comes to battleground stocks, Palantir Technologies (PLTR +2.10%) is likely near the top of the list. While bears cite the company’s egregious valuation, bulls point to the company’s accelerating growth. Investors on both sides of the argument were sitting on the edge of their seats ahead of Palantir’s quarterly report. The results eclipsed…