Could runaway inflation discourage Fed cuts?
Today, investors eyes will inevitably be drawn upon the Fed’s favourite inflation metric update, the Core PCE index, which will shed light onto how price pressures evolved within the US in the month of July, but more importantly what will the implications be for the trajectory of the Federal Funds rate during the remainder of […]
S&P captures record highs, will complacency follow?
US equity futures continue to gradually crawl higher week after week as traders stay hopeful and optimistic, despite the frothiness around tech stocks and their lush AI promises, showcasing that investors place much more emphasis on the impending rate reductions from the Federal Reserve and the arrival of looser policy conditions. Money markets are currently […]
All eyes fixate upon Nvidia’s earnings data
Hefty promises have bolstered NVIDIA’s share prices to historic highs over the past year and a half and today’s earnings call is no different, as investors brace for a substantial post-earnings movement towards new highs, expecting that the AI chip manufacturer was and will be flooded with orders from top tech customers. Analysts expect Nvidia […]
RBNZ slashes 25bps from OCR, signals dovish intents
Earlier today, the RBNZ’s monetary policy committee voted to shave off another 25bps from its overnight cash rate, a move aligned with the broader expectations of market participants. Albeit policymakers acknowledging the upside risks of inflation and overall downside risks on the economic development front, they reached 4-2 majority decisions to lower rates further at […]
Is Intel’s revival on the horizon?
The once mighty semiconductor heavyweight Intel may be standing at the foothills of a major revival to its former glory days, after President Trump floated the idea of using funds from the CHIPS Act in and become the largest stakeholder. Trump administration reportedly plans to take approximately 10% stake in Intel, using up to $11 […]
Trump-Putin peace talk summit for Ukraine
Late last Friday, Russian President Vladimir Putin returned to US soil after a decade to meet with Donald Trump to discuss the possibility of ending the war in Ukraine and restoring peace at the easter front of the European continent. President Trump noted that the immediate end of the war lies in the hands of […]
Growth in the UK exceeds expectations
Investors apprehended the latest round of GDP data from the UK for the second quarter of 2025 with hopefulness, contributing to extension of the Sterling into 5-week highs. The British economy grew by three tenths of a percent (0.3%) in the second quarter, above market expectations for a mere 0.1% rise, but results were below […]
German inflation stuck at 2%, DAX futures snap losses
Inflation in Germany steadied at the 2% level according to the latest CPI update and held at its lowest levels in eight months as falling energy and services costs outweighed the marginal increases of broader food costs. Given that price pressures in Europe’s largest economy revolve around the ECB’s 2% inflation target, calls from money […]
Will July’s CPI showcase the much-desired cooldown markets seek for?
Markets are increasingly growing anxious as to when will the harsh, “reciprocal” tariffs imposed by the Trump administration will strike the US consumer and inflate prices and consequently, how will the Federal Reserve respond with to such developments, in regards with their policy decisions. So far, inflation in the US remained in stagflation mode and […]
Week Ahead Schedule
Since there are scarcity economic news releases during today’s session, we decided to outline the most important releases for this week: Tuesday: We kick off the week with the Reserve Bank of Australia’s interest rate decision, early in the Asian session, the United Kingdom’s latest labour market update, OPEC’s monthly report and possibly the main […]
Precious metals on track to clock in strong weekly gains
Both gold and silver managed to capitalize on the shortcomings of the greenback this week, which came under pressure from weaker than anticipated US labour market data, upwardly revised odds for rate cuts by the Federal Reserve, Trump’s sweeping retaliatory tariffs, broader trade tensions, but also China’s extended gold buying streak. Another catalyst that boosted […]
Bank of England seen slashing rates for the 5thconsecutive meeting
Markets participants will inadvertently focus their attention on the upcoming BoE’s interest rate decision later on today to get a grasp on how the monetary policy committee will decide to move forward with its policy plans and hence gauge the direction of the sterling in the foreseeable future. Wider market expectations point towards a 5th […]
Novo Nordisk’s slump deepens
The European pharmaceutical giant, Novo Nordisk, continues to experience sequential waves of outflows, as investors remain convinced that the company is losing the obesity drug race against its competitors but also the pileup of misleading marketing lawsuits against it, do no favours either. Since July of 2024, the shares of the drugmaker lost more than […]
Palantir extends its blistering rally
The AI software company, Palantir, smashed its second-quarter earnings expectations yesterday and raised its outlook on robust demand for its AI Platform. Ahead of earnings, investors held bullish expectations and the company more than delivered, reporting a recordbreaking quarterly revenue, exceeding the $1billion mark for the first time in its history and an impressive yearover-year […]
US equities plunge after jobs-driven selloff
US stock markets indices were quickly on the retreat on Friday, recording their second consecutive session deep in the reds as investors got spooked from latest round of jobs data from the United States. All three major equity averages fell by more than 2% and snapped their waning, record breaking rally as July’s weaker than […]
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 […]