US Payrolls data looms, market expects 110k new jobs
The attention of the market will inevitably gyrate around the latest round of jobs data from the United States for the month of July, as the assessments from Federal Reserve officials appear to be largely based on the strength of the labour market, rather than inflation. Evidently, the core PCE, the Fed’s favourite inflation metric, […]
Microsoft and Meta outperformed, now eyes fall on Apple & Amazon
Yesterday, two tech heavyweights, Microsoft and Meta Platforms outright obliterated Wall Street analysts’ expectations and raised the bar higher yet again, injecting at the same time, a fresh shot of rejuvenated optimism in the recently stalling US equity markets, leading them to fresh record highs. Microsoft’s superlative growth stemmed primarily from the outperformance of its […]
Fed decision day is upon us
Without a shadow of a doubt, the main focus of today’s session is the Federal Reserve’s policy rate decision for the month of July alongside the bank’s forward guidance, which will supplement market participants with more information as to what could come next. Recently, President Trump continued his barrage of attacks, overtly exerting pressure on […]
Swath of economic data gets brought to the forefront
As we veer closer to Trump’s August 1st deadline, markets to their surprise, do not, repeatedly encounter signs of blatant acts of trade aggression, as they once feared, but rather necessary compromises or inevitable retreats, which nevertheless tame worries. The case can thus be made for the US preliminarily “winning” the trade wars and achieving […]
Transatlantic trade war fears fizzle out, as EU-US reach trade deal
The Unites States and its ally across the pond, the European Union, have reportedly reached a trade agreement ahead of the August 1st deadline and market participants exhaled with a sigh of relief, as a deeper trade war has been averted. The key features of the report entail that the US import levy will be […]
Alphabet’s earnings beat lifts the S&P500 to fresh record highs
Equity traders apprehended the lasted round of earnings from the tech juggernaut, Google, with optimism and the S&P500 extended its rise as a consequence, capturing fresh historic highs. Alphabet’s second quarter earnings data underscored the company’s strong financial health yet again but further broadcasted that the tech giant safeguards its position as a leader in […]
Wait and see ECB?
The European Central Bank’s rate decision will, without a doubt, be the main attraction of today’s session and traders will pay close attention, not only to the policy decision alone, but also to the forward guidance and projections of policymakers for the foreseeable future. The ECB has been steadfastly slashing its policy rates over the […]
US and Japan reach trade deal
President Trump’s most recent post lifted optimism for the auto sector since the US and Japan have reportedly reached a trade deal that includes a 15% tariff on Japanese exports towards the US. The originally proposed tariff rate was 25% and the deal is considered a major advancement in trade relations between the US and […]
Corporate earnings topple estimates yet stock rally wanes
Robust consumer strength has been powering the equity rally this earnings season and demand for risky assets remains elevated albeit mounting macro concerns on trade, monetary policy and geopolitical fronts. So far, about 12% of S&P500 companies have reported earnings and approximately 85% of these companies’ earnings results exceeded analysts’ EPS expectations. Big banks made […]
Week Ahead schedule
Let’s have a look ahead on what to expect this week: Tuesday: We highlight the Reserve Bank of Australia’s latest meeting minutes released early in the Asian session and the speeches from Fed Chair Powel, ECB’s President Lagarde and BoE’s Governor Bailey. On the earnings front we note, Coca Cola, Philip Morris, General Motors, Lockheed […]
Cryptocurrencies rally on breakthrough stablecoin-legislation news
The Trump administration stands at the precipices of passing a monumental, landmark bill that could, not only, safeguard the economic future of US citizens, but also lead them to prosperous wealth. At least that’s what the plan entails. President Trump promised to make America the “crypto capital of the world” during his election campaign and […]
Wall Street thrived amidst Trump’s tariff-induced volatility
The banking industry in US managed to showcase yet again their resiliency amidst turbulent times, as they toppled analysts’ estimates and kept investors optimistic with their outlooks, giving at the same time a positive push start to this year’s, second-quarter earnings cycle. The banking industry in US managed to showcaseGoldman Sachs surprised analysts with higher […]
ASML disappoints with its forward guidance
Europe’s largest chipmaking equipment manufacturer announced its second quarter earnings data earlier today and albeit toppling both of its EPS and revenue targets its share price slumped by over 7% as the company issued a dire growth warning for 2026. The Netherlands based company reported sales of 7.69 billion euros for the second quarter of […]
June’s US inflation seen accelerating
Without a shadow of doubt, markets’ attention will gravitate towards the latest inflationary update from the United States for the month of June, which would elucidate whether the Federal Reserve would maintain its restrictive stance for longer or rather pivot towards looser financial conditions, in the immediate future. According to expectations, market consensus points to […]
China’s exporting mechanism shows no signs of slowing down
Chinese goods are in high demand, recording a massive, half a trillion-dollar surplus in the first 6 months of 2025, as Chinese firms and factories managed to circumvent US tariffs by drastically increasing sales to other nations and counter the projected adverse effects. The report showcased that exports continue to outpace imports and beat analysts […]
New deadline, new tariff levies
As we move past the July 9th deadline which marked the end of the 90-day pause, we observe President Trump unleashing renewed tariff threats on the nations that failed to sign the drafted trade agreements, with higher rates and harsher implications. The President has now postponed the original deadline and gave another 3 weeks for […]
NVDA joins the $4Tr club
The posterchild of the AI revolution, Nvidia, continues to smash record high after record high, and push the boundaries of equity valuations, by officially becoming the first public company to reach a $4 trillion dollar market capitalization. The AI-chipmaker juggernaut has proven to be the most reliable paly in institutional investors’ portfolios since the start […]
Copper strikes record highs after Trump’s renewed tariff plan
Last week, copper prices surged to a three-month high, extending their longstanding rally, amid tightening global supply fears and a rush by exporters to redirect shipments to the US ahead of potential import duties. Yesterday traders flooded the market with bids and pushed copper prices to a historic high of $5.88 per pound, swiftly reacting […]
RBA holds its horses
Earlier today in the Asian session, the Reserve Bank of Australia took the markets by surprise, as it decided to keep its key cash rate intact at the 3.85%, abstaining from a 25bps rate reduction with the committee opting for caution amidst uncertain trade conditions. Even though policymakers noted that inflation has been trading within […]
Week Ahead schedule:
Let’s have a look ahead on what to expect this week: Monday: We note Eurozone’s retail sales updates and the speculative net positions releases from the CFTC. Tuesday: We highlight the Reserve Bank of Australia’s interest rate decision early in the Asian session, the EIA’s short term energy outlook report and Canada’s Ivey PMI for […]