Financial News
- James Hyerczyk
GameStop, Oracle, Adobe, and Costco report earnings this week. Key insights could move Dow, S&P, and Nasdaq as traders assess retail and tech strength.
- Vladimir Zernov
Year-ahead inflation expectations jumped from 2.6% in November to 2.9% in December.
- James Hyerczyk
U.S. job creation surged in November with 227,000 new jobs, beating expectations. However, the unemployment rate rose to 4.2%, reflecting mixed labor market trends.
- Vladimir Zernov
Natural gas prices stay close to session highs as traders react to the report.
- James Hyerczyk
U.S. layoffs surged 27% in November, led by auto and industrial sectors, as initial jobless claims rose to 224K, signaling potential economic pressure.
- Vladimir Zernov
According to the ISM, the economic activity in the services sector expanded for the fifth consecutive month in November.
- James Hyerczyk
Private payrolls grew by 146K in November, missing forecasts. Slower hiring and rising wages may influence the Fed, bond yields, USD, stocks, and gold prices.
- Bob Mason
Caixin Services PMI reveals slower growth, highlighting Beijing’s challenge to sustain economic momentum. Hang Seng down 0.58%.
- Vladimir Zernov
U.S. dollar moved higher as traders reacted to the better-than-expected report.
- Vladimir Zernov
S&P Global Manufacturing PMI increased to 49.7 in November, beating analyst expectations.
- Bob Mason
Caixin PMI reveals China’s domestic demand surge; new orders hit 3.5-year highs amid stimulus-fueled economic growth.
- James Hyerczyk
Eurozone inflation rises to 2.3% in November, driven by services and easing energy deflation. How will this impact ECB policy and EUR/USD trends?
- Bob Mason
German retail sales drop 1.5% in October, deepening recession fears as weak consumer spending challenges economic recovery.
- James Hyerczyk
Germany’s CPI rose 2.2% YoY in November but fell 0.2% MoM. HCPI signals slowing growth, pressuring the Euro as ECB rate hike urgency wanes.
- Vladimir Zernov
Natural gas prices remain under pressure as traders react to the EIA report.
- Vladimir Zernov
Gasoline inventories increased by 3.3 million barrels from the previous week.
- James Hyerczyk
Core PCE inflation rises to 2.8% annually as income gains outpace spending. Fed caution persists amid sticky service prices.
- James Hyerczyk
Durable goods orders rebound 0.2% in October, led by transportation gains, while GDP growth holds steady at 2.8%. Can the U.S. economy sustain its momentum?
- Bob Mason
The GfK Consumer Climate Indicator plunges, signaling rising concerns over jobs, spending, and recession risks.
- Vladimir Zernov
Markets are calm after the release of FOMC Minutes.