Financial News
- 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.
- Bob Mason
Tariff relief lifts China stocks, but fears of escalation cap gains across Mainland China and Hong Kong markets.
- Eiko Sievert
Achieving NATO’s higher defence spending target of 3.5% of GDP will increase budget deficits and public debt across the EU unless governments consider a mix of spending cuts, tax hikes, and joint defence funding.
- Vladimir Zernov
Natural gas prices pulled back after the release of the EIA report.
- Vladimir Zernov
The report indicated that the services sector resumed growth.
- James Hyerczyk
U.S. payrolls rose 147K in June, beating forecasts. A lower 4.1% jobless rate and steady wages keep the Fed cautious, supporting stocks and yields.
- Bob Mason
China’s private sector faces rising costs, falling profits, and job cuts amid weak demand. Markets eye fresh Beijing stimulus as PMI data point to uneven economic momentum.
- Vladimir Zernov
Gasoline inventories increased by 4.2 million barrels, exceeding analyst estimates.
- James Hyerczyk
Private payrolls fell 33K in June, missing forecasts. Services led losses as traders eye Fed rate cut odds ahead of Thursday’s nonfarm payrolls data.
- Vladimir Zernov
JOLts Jobs Openings increased to 7.769 million, exceeding analyst expectations.
- Bob Mason
Beijing’s stimulus shows traction, yet soft external demand may require more action.
- Bob Mason
China’s Caixin PMI rises to 50.4 in June, signaling factory expansion despite persistent tariff headwinds.
- Vladimir Zernov
The report indicated that Texas factory activity was mostly unchanged in June.
- Bob Mason
Diverging China PMI trends stir AUD/USD and Hang Seng moves ahead of key Caixin data releases.
