Financial News

UK retail sales surprise in April, fueling inflation concerns and complicating BoE rate cut bets.

Natural gas storage rose 120 Bcf, topping forecasts. With weak demand and strong supply, traders face renewed pressure ahead of summer cooling season.

US Flash PMIs beat forecasts as tariffs fuel inflation. Manufacturing and services rise to 52.3, but soaring prices raise Fed policy tightening risks.

U.S. jobless claims dipped to 227K, below forecasts, but rising continuing claims suggest growing labor market weakness traders can’t ignore.

US-China chip war simmers as trade, stimulus, and Fed policy influence global market sentiment.

EIA reports surprise crude inventory build and weak oil demand, shifting short-term crude oil outlook to bearish. Traders brace for further downside pressure.

Target cuts its full-year sales forecast as tariff pressures, weak spending, and backlash over DEI rollbacks weigh on performance and consumer sentiment.

UK inflation stays elevated, casting doubt on near-term rate cuts. Traders now await retail sales to gauge BoE direction as GBP/USD reacts to inflation data.

Without substantive corrective fiscal measures, the US general government debt ratio will reach 133% of GDP by 2030, exceeding Scope forecasts for France (122%) and the UK (111%).

Nicușor Dan’s victory in presidential elections eases political tensions and supports EU alignment, but addressing the widening fiscal deficit, the weak absorption of EU funds and a backlog of reforms remain challenges.

Strong Q1 sales and a stable pricing plan give Home Depot an edge over Walmart and lift sentiment across US indices like the Dow Jones and S&P500.

Australia’s rate path hinges on trade tensions, wage growth, and household spending trends.

Hang Seng extends gains, though China’s deflation and chip export curbs stir caution.

Retail sales ease, but falling jobless rate signals stimulus traction amid US-China trade tensions.

Year-ahead inflation expectations increased from 6.5% to 7.3%.

April housing starts rise 1.6%, but falling permits and completions signal pressure on homebuilders as Fed policy and high rates weigh on demand.

Natural gas prices moved lower as traders reacted to the EIA report.

April U.S. retail sales missed expectations while PPI dropped, raising concerns over weakening demand and pressuring consumer stocks and margins.

Walmart Q1 beats EPS estimates with strong U.S. sales and e-commerce profits. Shares rise 2.5% premarket as guidance holds steady.

Stronger services and production lift UK GDP, yet experts flag downside risks ahead.