Financial News

Political uncertainty in Romania is complicating fiscal consolidation, raising borrowing costs and delaying reforms linked to EU funding while shifts in United States trade and security policies add further challenges.

China’s services PMI slumps to 50.7, pressuring Beijing to unveil fresh stimulus measures. CSI 300 and Hang Seng gain on post-holiday optimism.

SP500 attempts to settle back above the 5660 level as ISM Services PMI exceeded analyst expectations.

Saudi Arabia’s oil strategy shift boosts output, pressures prices, and reshapes the crude oil outlook for traders watching OPEC+ compliance and demand.

April U.S. jobs beat forecasts at 177K, but soft wage growth and rising long-term unemployment could keep the Fed cautious on future rate moves.

Apple and Amazon dropped after hours as weak Q2 forecasts rattled traders despite strong Q1 results. Tech stocks face pressure from tariffs and cloud risks.

The report showed that the manufacturing sector remained under pressure.

U.S. GDP contracts while China shows resilience, raising questions over who holds trade leverage.

Gasoline inventories decreased by 4 million barrels from the previous week.

U.S. consumer spending surged 0.7% in March while core PCE inflation stayed flat, signaling strength in demand with limited inflation risk for traders.

U.S. GDP shrank 0.3% in Q1 2025 as import surges before Trump tariffs and slower consumer spending triggered the first economic decline since 2022.

U.S. private sector adds just 62K jobs in April, missing forecasts. Services drag overall growth, signaling a neutral to bearish near-term labor outlook.

China’s manufacturing shows resilience, yet tariffs weigh on trade, pricing, and hiring decisions.

CB Consumer Confidence declined from 92.9 in March to 86.0 in April, missing analyst estimates.

U.S. home prices edged higher in February, with tight supply keeping pressure on prices despite mortgage rates near 6.5%. Regional trends remain mixed.

GM beats Q1 estimates but halts buybacks and reassesses guidance as US tariffs raise costs and cloud stock market outlook for US indices.

Trump hardens tariff stance as Beijing tests US pain tolerance with trade war countermeasures.

U.S. Dollar Index tested session lows as traders reacted to the report.

Year-ahead inflation expectations jumped from 5.0% in March to 6.5% in April.

UK retail sales unexpectedly rise in March but are unlikely to lower BoE rate cut bets as inflation and job data soften.