NEWS
European Markets Rally Amid Easing Geopolitical Tensions and Lower Oil Prices
European stocks closed higher on Tuesday, buoyed by hopes of reduced tensions in the Middle East and a significant drop in oil prices. The prospect of resumed…
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US factory orders fell 0.3% in June, while job openings also declined. Canadian manufacturing PMI reached a four-year high. Markets reacted positively to AI-related earnings, with significant gains in tech stocks. Oil prices fell amid ongoing negotiations regarding the Strait of Hormuz.
Read storyEuropean stocks closed higher on Tuesday, buoyed by hopes of reduced tensions in the Middle East and a significant drop in oil prices. The prospect of resumed…
Federal Reserve official Paulson expresses a strong stance on the necessity to combat inflation, citing a range of 2.4-2.8% for underlying inflation. He acknow…
The U.S. dollar shows mixed performance against major currencies in early trading, with notable declines against the Australian and New Zealand dollars. Treasu…
Federal Reserve official Paulson indicates that underlying inflation is still too high, despite a stable job market. She supports maintaining an open mind rega…
The European trading session saw a shift in market sentiment following comments from US Treasury Secretary Scott Bessent regarding a potential deal with Iran t…
UBS maintains a constructive outlook for global markets, citing strong earnings growth and cooling inflation as key factors that could support equities. The ba…
The AUD/USD currency pair encountered selling pressure during the Asia-Pacific session, peaking at 0.7046, just below the 100-day moving average. This resistan…
European equities posted gains across five of six major indices, led by Italy and Germany, as investors shifted focus to risk appetite. The UK’s FTSE 100 lagge…
The S&P Global Manufacturing PMI for July remained at 53.9, indicating ongoing but slowing expansion in the manufacturing sector. Key indicators such as output…
The USDJPY continues to decline following a coordinated currency intervention by Japan and the U.S. The EURUSD remains stable, while GBPUSD sees a slight decre…
The Indian Rupee has gained strength following a coordinated dollar-selling intervention by Japan and South Korea, coupled with a lack of hawkish surprises fro…
Federal Reserve Bank of New York President John Williams stated that while the Fed is aware of current market pricing, it is not obligated to align its policy…
The final manufacturing PMI for July in the Euro area registered at 51.9, slightly below the preliminary estimate of 52.0 but up from 51.4 in June. While manuf…
French manufacturing activity showed signs of contraction in July, with the final Manufacturing PMI coming in at 49.8, down from a preliminary reading of 50.0…
Switzerland's consumer price index (CPI) rose by 0.4% in July, matching expectations but reflecting a slight decline in headline inflation. Core inflation rema…
Today's economic agenda features final manufacturing PMIs for major Eurozone economies and the UK, alongside Switzerland's CPI report. Market reactions are exp…
A Reuters poll indicates that 68 out of 72 economists expect the Reserve Bank of India to keep interest rates unchanged this week, as inflation remains within…
The S&P Global Australia Manufacturing Purchasing Managers' Index (PMI) rose to 52.0 in July, indicating a return to growth in production and new orders for th…
Broader US stock indices ended the day on a positive note, with the Dow Jones, S&P 500, and Nasdaq all closing higher. The Japanese yen strengthened amid specu…
Broader US stock indices ended the week positively, while the Japanese yen gained strength amid intervention speculation. The Federal Reserve's dissenting voic…
Lorie Logan, President of the Dallas Federal Reserve, has voiced her dissent regarding the recent FOMC rate decision, advocating for a quarter-point rate hike…
The University of Michigan's final consumer confidence index for July was reported at 55.2, surpassing the initial estimate of 54.0 and reflecting a notable in…
The U.S. Employment Cost Index for the second quarter of 2026 revealed a 0.9% increase in total compensation for civilian workers, matching the prior quarter's…
The U.S. dollar has strengthened at the start of the North American trading session, recovering from previous declines following a significant drop in USDJPY a…
Federal Reserve officials Neel Kashkari and Michelle Hammack have articulated their dissenting views from the recent FOMC meeting, advocating for a 25 basis po…
Eurozone inflation has edged up in July, prompting speculation about future ECB rate hikes. Meanwhile, the Bank of Japan holds rates steady, with Governor Ueda…
Recent central bank meetings and economic data releases have led to a slight dovish repricing in interest rate expectations globally. Key updates include uncha…
