Financial News

U.S. job growth beat expectations in May, but weak labor force participation and falling federal jobs raise doubts about the labor market’s strength.

Germany’s exports slump as US tariffs bite, spotlighting ECB’s next monetary policy move.

ECB cuts rates to 2.0% as inflation hits target, but July pause looms. Lagarde signals data-driven path ahead. EUR/USD outlook weakens on trade risks.

Jobless claims rose to 247K, hitting a new high for 2025. Rising averages suggest labor softening—traders eye Fed rate outlook and sector risks.

China’s services sector gains, but manufacturing drags as markets hope for stimulus signs or progress in trade talks.

The report indicated that the services sector moved into contraction territory.

U.S. private payrolls rose by just 37K in May, signaling labor market weakness. Job growth lags, but wage gains hold steady. What could this mean for Fed policy?

U.S. Dollar Index has also tested session highs after the release of the report.

China’s PMI falls below 50, stoking economic fears amid renewed US trade frictions.

Bulgaria is on track to adopt the euro in January 2026, a development which would support the stability of the highly euro-ised economy, improve monetary-policy flexibility and enhance sovereign market access.

Year-ahead inflation expectations increased from 6.5% to 6.6%.

PCE inflation cooled to 2.1% in April, boosting Fed rate pause bets. Traders eye stable policy as disinflation and easing demand reshape outlooks.

Natural gas prices remain under pressure as traders react to the EIA report.

US court halts Trump’s Liberation Day tariffs. Legal blow to Trump’s trade war strategy raises questions over prior tariffs on China.

Nvidia beats Q1 forecasts with strong AI chip sales, but export curbs to China hit guidance. Salesforce lifts 2026 outlook on rising AI cloud demand.

Fed wants more clarity on the outlooks for inflaton and economic activity.

Average 12-month inflation expectations declined from 7% in April to 6.5% in May.

Durable goods orders dropped 6.3% in April as transportation fell 17%. Core demand held steady, offering traders a mixed signal for manufacturing stocks.

Moody’s holds China’s A1 rating amid trade war, but warns prolonged tensions may trigger a downgrade.

U.S. new home sales surged 10.9% in April, signaling strong demand. Traders eye bullish signals for homebuilders and possible Fed policy implications.