Piero Cingari

Piero Cingari

Benzinga Staff Writer

About
Piero is an accomplished Italian financial writer with extensive experience in the asset management and brokerage industry. He specializes in macroeconomics, central banks, bonds, and FX markets. Piero has a keen interest in how major economic events...
Fed's Favorite Inflation Gauge Rises As Predicted, Consumer Spending Jumps At Fastest Pace In 9 Months (UPDATED)
|PCE inflation rises 2.7% y/y, exceeding forecasts. Core PCE holds at 2.8%. Fed raises 2025 inflation outlook. Dollar and Treasury yields increase.
Vanguard's VOO Set To Overtake SPY As World's Largest ETF After Record January Inflows
|VOO has consistently outperformed its competitors, driven by its low expense ratio and strong investor demand, making it a top choice in the ETF industry.
Trump Slaps 25% Tariffs On Canada, Mexico: Loonie, Peso Slide, Oil Climbs
|Trump confirms 25% tariffs on imports from Canada and Mexico, citing concerns over immigration, trade deficits, and drug trafficking.
Wall Street Remains Flat, Microsoft Eyes Heaviest Drop Since Late 2022, Gold Sets Fresh Records: What's Driving Markets Thursday?
|Wall Street is struggling to find risk-on momentum, with major indexes stuck near the flatline at midday as investors assess the latest earnings reports from mega-cap tech stocks and weaker-than-expected U.S.
Gold Hits Record High As Central Banks Ease Stance: 5 Mining Stocks Rally
|Gold hits record high above $2,790 on dovish central bank moves and demand from safe-haven seeking investors. Fed holds rates steady but hints at potential cuts.
ECB Cuts Interest Rates By 25 Basis Points As Economy Cools, Lagarde Rejects Bitcoin As Reserve Asset
|The European Central Bank lowered its key interest rates by 25 basis points on Thursday, bringing the deposit facility rate to 2.75%, as the disinflation process remains “well on track” while the economy showed an unexpected stagnation during the last quarter of the year.
US Economic Growth Falls Short Of Q4 Estimates, Consumer Spending Hits 7-Quarter High
|US economy grew at 2.3% rate in Q4 of 2024, slower than expected due to decline in investments. Tech companies' stocks mixed after earnings.
Bitcoin Flies Above $104,000 After Powell Remarks, Stocks Remain Stunned By AI Concerns
|Bitcoin (CRYPTO: BTC) may have found a new friend in town, as Fed Chair Jerome Powell took a surprisingly open stance on crypto assets during his
A Different Powell Emerges: Fed Chair Softens Hawkish Tone On Interest Rates, Bitcoin
|It wasn't the same Fed Chair Jerome Powell who shook markets in December with a hawkish stance that unsettled investors.
Fed Holds Interest Rates Steady, Halts Streak Of Consecutive Cuts, Says Inflation Remains 'Elevated' (UPDATED)
|Editor’s note: This story has been updated with additional details. The Federal Reserve elected to keep interest rates unchanged at its Wednesday meeting, snapping a streak of three consecutive rate cuts that began in September.
Stocks Tick Down Ahead Of Fed Meeting, Nvidia Jitters Resume, Trump Media Rallies: What's Driving Markets Wednesday?
|Caution dominates Wednesday's midday trading session in New York as investors anxiously await the Federal Open Market Committee decision at 2 p.m. ET.
Big Banks Hit Fresh Record Highs: Goldman Sachs Sees More Upside In 2025
|U.S. banks reach record highs on strong Q4 earnings, driven by lending income, cost-cutting, and deal-making. Goldman Sachs predicts continued growth.
Interest Rate Speculation Heats Up Before Fed Meeting: What Betting Markets Signal
|Retail traders bet on Fed's 2025 interest-rate decisions, with top markets on CFTC-regulated betting platform. Focus on March for potential cuts.
DeepSeek Selloff Is A Correction, Not Start Of 'Sustained Bear Market': Goldman Sachs
|Goldman Sachs sees temporary setback, not bear market. High market concentration poses risk but also opportunity to diversify and stay invested.
Trump's Federal Spending Freeze Puts $3 Trillion In Limbo, Threatens Industries Like Clean Energy, Defense, Health Care
|White House freezes $3 trillion in federal funding, sparking legal and political showdown. Industries like education, healthcare, and clean energy at risk.
Tech Rebounds After Black Monday, Nvidia Rallies 6%, GM Plummets: What's Driving Markets Tuesday?
|Tech stocks attempted a rebound after Monday's devastating crash triggered by DeepSeek, as investors show interest in dip-buying the hardest-hit names.
Fed Set To Signal No Rush To Cut Rates As Wall Street Awaits Policy Clarity
|Fed expected to keep rates steady, but Wall Street desperate for clarity on when next cut will come. Markets hoping for a dovish signal, but Powell may not deliver. Odds of two cuts in 2025 at 93%, with $4 payout for single cut and $6 for no cuts.
OpenAI Launches 'ChatGPT Gov' For US Agencies As DeepSeek Threat Heats Up AI Race
|OpenAI launches ChatGPT Gov, a secure AI solution for US government agencies, in response to rising competitive threat from lower-cost models.
DeepSeek's Low-Cost Model Reshapes AI Landscape: Experts Predict Shift To 'Application Layer'
|AI boom faces scrutiny as Chinese firm DeepSeek's model challenges U.S. industry. Investors question high infrastructure costs and returns.
7 AI Infrastructure Stocks Plunge Over 20%, Outpace Semiconductor Rout As DeepSeek Upends Investment Landscape
|The launch of DeepSeek affects the AI boom including the power, cooling and data center giants that once rode the AI euphoria, which now have single-day losses exceeding 20%.
© 2025 Benzinga | All Rights Reserved