Financial News
- James Hyerczyk
Inflation persists as August PPI beats forecasts. Rising service costs and a strong labor market shape a bearish outlook for the economy.
- Vladimir Zernov
Gasoline inventories increased by 2.3 million barrels, exceeding analyst expectations.
- James Hyerczyk
Core inflation jumps 0.3% in August, driven by a 0.5% rise in shelter costs. Fed may rethink future rate cuts as inflation concerns linger.
- James Hyerczyk
August CPI release crucial for Fed policy and markets. Inflation trend and labor market concerns shape expectations. S&P 500 up 15.2% YTD, investors watchful.
- Thomas Gillet
Political uncertainty, a challenging fiscal outlook, and the rising divergence in funding conditions between France and other core euro area sovereign borrowers underscore the importance of political stability.
- Bob Mason
Fed rate cut speculation pressures cryptos as US job data boosts investor sentiment. Crypto market cap down 5.23% by Sept. 7.
- Ibrahim Ajibade
A DeFi platform linked to Donald Trump’s family aims to raise funds through the sale of 30% of its WLFI tokens, a move that could generate over $500 million
- James Hyerczyk
August jobs report reveals slowing growth. Unemployment at 4.2%. Wage increase of 3.8% year-over-year. Labor market shifts could affect financial markets.
- Vladimir Zernov
EIA natural gas storage build of +13 Bcf missed analyst estimates.
- Vladimir Zernov
According to the report, slow-to-moderate growth was cited across many industries.
- James Hyerczyk
US labor market cools: ADP reports 99,000 jobs added, initial claims at 227,000. Tech layoffs surge. Fed rate cuts expected. Prepare for market volatility.
- Bob Mason
Eurozone demand lifted German factory orders, with overseas orders rising 5.1% while domestic demand stagnated.
- Bob Mason
Hang Seng extends losses as weaker China Caixin Services PMI weighs on investor sentiment, dropping 1.60% to 17,369.
- Vladimir Zernov
The report showed that U.S. manufacturing activity contracted slower compared to last month.
- Bob Mason
Manufacturing sector sees a boost as China’s Caixin PMI hits 50.4 in August, with new orders surging but export orders faltering.
- Bob Mason
Crypto market faces dual pressure from Fed rate uncertainty and regulatory actions by the SEC.
- Vladimir Zernov
The report showed that consumers’ short- and long-run economic outlook improved.
- James Hyerczyk
PCE inflation rises 0.2% monthly, 2.5% annually. Fed’s preferred measure shows economic shifts as rate cut looms. Personal income and spending increase.
- Vladimir Zernov
Natural gas prices moved away from session lows as traders reacted to the EIA report.
- James Hyerczyk
US economy accelerates: Q2 GDP growth hits 3.0%, beating expectations. Consumer spending and inventory investment drive expansion. Job market remains resilient.