Financial News
- Bob Mason
UK GDP beats forecasts, but rising inflation may push BoE rate cuts to November or later. BoE faces a policy dilemma as growth firms and inflation forecasts rise.
- Bob Mason
Beijing’s consumer loan subsidies and trade truce lift markets, but weak data keeps growth doubts alive.
- Vladimir Zernov
Gasoline inventories decreased by 0.8 million barrels from the previous week.
- Dennis Shen
Buoyant markets, a resilient US economy, customs revenues, appeasement by trading partners and conducive politics point to further escalation in US trade tensions, already set to cut global output by 0.7pps in the medium term.
- James Hyerczyk
US CPI rose 2.7% in July, slightly below forecast, as falling energy prices offset sticky service costs. Fed outlook remains cautious amid tariff risks.
- Bob Mason
RBA trims rates to 3.6%, with Bullock signaling data-driven cuts ahead amid easing inflation.
- Bob Mason
Trump extends US-China trade truce 90 days, averting steep tariffs as markets eye progress on key deal issues.
- Eiko Sievert
The Austrian government’s planned fiscal consolidation is unlikely to stabilise general government debt-to-GDP without further measures to help offset rising structural spending amid the weak outlook for growth.
- Bob Mason
Trade hopes may outweigh soft inflation data as markets eye August 15 economic releases.
- Vladimir Zernov
Natural gas gained ground as traders reacted to the EIA report.
- James Hyerczyk
U.S. jobless claims rose above forecasts, but strong Q2 productivity and easing unit labor costs support a mildly bullish outlook for equities and manufacturing.
- Bob Mason
Trade data beats forecasts, yet PMI weakness and tariff threats cast doubt on China’s outlook.
- Vladimir Zernov
Gasoline inventories declined by 1.3 million barrels from the previous week.
- Vladimir Zernov
The report indicated that services sector remained in expansion territory.
- James Hyerczyk
Pfizer raises 2025 profit forecast after strong Q2 results, while Yum Brands struggles with weak US sales at KFC and Pizza Hut. Full earnings breakdown inside.
- James Hyerczyk
Palantir stock surges in pre-market after crushing earnings estimates, boosting Nasdaq 100 and tech stock forecasts across US indices.
- Bob Mason
US tariffs hit China’s manufacturing, while services rebound with higher demand and staffing, deepening sector divergence.
- Vladimir Zernov
U.S. dollar remains under strong pressure as traders react to economic reports.
- James Hyerczyk
U.S. adds just 73K jobs in July; major downward revisions raise odds of a Fed rate cut as unemployment hits 4.2% and market confidence weakens.
- Bob Mason
July’s weak China PMI hits AUD and Hang Seng as export orders slump and stimulus hopes take center stage.
