Financial News
- Vladimir Zernov
Natural gas prices moved away from session highs as traders reacted to the EIA report.
- James Hyerczyk
June U.S. retail sales rebounded 0.6%, while jobless claims fell. Strong consumer demand and Philly Fed data support a short-term bullish equity outlook.
- Bob Mason
Slower wage growth and rising unemployment may tip BoE toward easing rates sooner.
- Bob Mason
Beijing faces stimulus dilemma as housing woes, youth joblessness, and tariff headwinds persist.
- Vladimir Zernov
Gasoline inventories increased by 3.4 million barrels, exceeding analyst expectations.
- James Hyerczyk
June PPI came in flat vs. 0.2% forecast, easing inflation fears. Goods rose 0.3% while services fell 0.1%. Core PPI held steady. Fed policy may stay dovish.
- James Hyerczyk
Goldman Sachs beats Q2 estimates with $840M trading revenue surprise, driven by record equities performance and renewed investment banking momentum.
- Bob Mason
Hotter inflation clouds BoE outlook; wage and labor data now key for policy trajectory.
- James Hyerczyk
U.S. CPI rose 2.7% YoY in June, with shelter and energy leading the gains. Core inflation held at 2.9% YoY, raising questions about the Fed’s next move.
- James Hyerczyk
JPMorgan Chase delivers strong Q2 results despite 17% profit decline. Trading revenue surges 15% to $8.9B while investment banking fees rise 7%.
- Bob Mason
Mixed Chinese economic data highlight weak consumer demand and growing trade risks, fueling stimulus speculation.
- Bob Mason
China’s export growth defies tariffs, but new US levies on transshipments raise fresh risks. Hang Seng and AUD/USD respond as traders weigh China’s export gains against US crackdowns.
- Bob Mason
UK GDP shrinks for a second month, fueling bets on an August BoE rate cut despite sticky inflation concerns.
- Vladimir Zernov
Natural gas prices are moving higher as traders react to the EIA report.
- James Hyerczyk
US jobless claims dip but insured unemployment hits 2021 highs, signaling labor softening traders should watch ahead of Federal Reserve updates.
- Bob Mason
US-China trade tensions and domestic job losses force Beijing into swift policy action.
- Vladimir Zernov
Gasoline inventories declined by 2.7 million barrels from the previous week.
- James Hyerczyk
BOE flags global debt risks despite stable markets. Gilt traders watch fiscal signals as bond markets stay cautious on UK, US borrowing pressures.
- Bob Mason
China inflation data stirs deflation concerns as U.S. targets Asian transshipments with new tariffs.
- Bob Mason
Cautious optimism grows for August RBA cut, but inflation data remains the key driver.