Financial News
- James Hyerczyk
GameStop shares drop nearly 5% after Q1 revenue misses estimates, despite earnings beat. Traders doubt retail strength and crypto strategy’s near-term value.
- Bob Mason
Markets brace for second day of talks amid doubts over a lasting US-China trade deal.
- Bob Mason
China’s consumer and producer prices fall again, pressuring policymakers as the US and China prepare for trade talks..
- James Hyerczyk
U.S. job growth beat expectations in May, but weak labor force participation and falling federal jobs raise doubts about the labor market’s strength.
- Bob Mason
Germany’s exports slump as US tariffs bite, spotlighting ECB’s next monetary policy move.
- James Hyerczyk
ECB cuts rates to 2.0% as inflation hits target, but July pause looms. Lagarde signals data-driven path ahead. EUR/USD outlook weakens on trade risks.
- James Hyerczyk
Jobless claims rose to 247K, hitting a new high for 2025. Rising averages suggest labor softening—traders eye Fed rate outlook and sector risks.
- Bob Mason
China’s services sector gains, but manufacturing drags as markets hope for stimulus signs or progress in trade talks.
- Vladimir Zernov
The report indicated that the services sector moved into contraction territory.
- James Hyerczyk
U.S. private payrolls rose by just 37K in May, signaling labor market weakness. Job growth lags, but wage gains hold steady. What could this mean for Fed policy?
- Vladimir Zernov
U.S. Dollar Index has also tested session highs after the release of the report.
- Bob Mason
China’s PMI falls below 50, stoking economic fears amid renewed US trade frictions.
- Dennis Shen
Bulgaria is on track to adopt the euro in January 2026, a development which would support the stability of the highly euro-ised economy, improve monetary-policy flexibility and enhance sovereign market access.
- Vladimir Zernov
Year-ahead inflation expectations increased from 6.5% to 6.6%.
- James Hyerczyk
PCE inflation cooled to 2.1% in April, boosting Fed rate pause bets. Traders eye stable policy as disinflation and easing demand reshape outlooks.
- Vladimir Zernov
Natural gas prices remain under pressure as traders react to the EIA report.
- Bob Mason
US court halts Trump’s Liberation Day tariffs. Legal blow to Trump’s trade war strategy raises questions over prior tariffs on China.
- James Hyerczyk
Nvidia beats Q1 forecasts with strong AI chip sales, but export curbs to China hit guidance. Salesforce lifts 2026 outlook on rising AI cloud demand.
- Vladimir Zernov
Fed wants more clarity on the outlooks for inflaton and economic activity.
- Vladimir Zernov
Average 12-month inflation expectations declined from 7% in April to 6.5% in May.
