August CPI climbed 0.4% monthly and 3.4% annually, driven by surging energy costs and Middle East tensions. Core CPI exceeded estimates at 0.3%, cementing expectations for a Federal Reserve interest …
U.S. stock futures rose modestly ahead of August CPI data, with Polymarket showing a 64% chance of a higher S&P 500 open. Despite Middle East supply disruptions pushing oil prices higher, tech and se…
August US headline CPI rose 3.4% annually, matching forecasts, while core CPI accelerated 0.3% month-over-month, beating expectations. Driven by surging energy and shelter costs, the data solidifies …
U.S. producer prices increased 0.4% in August, matching forecasts as energy costs rebounded 4.2% amid U.S.-Iran tensions. Annual PPI reached 5.4%. Government methodology updates for components feedin…
US Producer Price Index increased 0.4% in August, pushing the annual rate to 5.4% driven by surging energy costs. Core PPI climbed 0.3% monthly, while pipeline pressures accelerated across intermedia…
U.S. stock futures slid as higher-than-expected PPI data and surging energy prices drove Treasury yields up. The S&P 500 contracts dropped 0.5% amid renewed fears of Federal Reserve rate hikes, while…
US equity futures dropped as Canada's retaliatory tariffs of up to 50% on US goods took effect. Rising oil prices, with WTI jumping over 2.7%, and softening US small business sentiment weighed furthe…
U.S. stock futures fell post-Labor Day amid historical seasonal headwinds and escalating U.S.-Iran tensions. Surging crude oil prices—Brent near $99 and WTI above $94—continue to pressure broad marke…
Eurozone bond yields climbed to 15-year highs as escalating Iran tensions pushed energy prices upward, rekindling inflation fears across global markets.
Germany's DAX 40 dropped to multi-week lows as rising oil prices and geopolitical tensions stoked inflation fears and ECB rate hike expectations. Heavyweight sectors including autos, banks, and softw…
The euro holds near multi-month highs around $1.165 as markets anticipate an ECB interest rate hike in September. Rising energy costs and persistent geopolitical tensions reinforce hawkish monetary p…
Rising energy prices driven by Middle East conflict and increased demand pose significant headwinds to Eurozone growth. MUFG warns that elevated natural gas and crude prices worsen Europe's terms of …
European Q2 earnings are forecast to rise 15.3%, largely from higher energy prices, while U.S. earnings are expected to grow 23.7%, driven by AI. Analysts flag a persistent AI-growth gap weighing on …
US stocks retreated as geopolitical tensions in the Middle East drove oil prices higher, sparking inflation concerns. Concurrently, rising Treasury yields and hawkish shifts in Federal Reserve rate h…
Bank of Nova Scotia economists warn that the ongoing Iran conflict may sustain elevated energy prices. This pressure threatens the Bank of Canada's inflation targets, potentially forcing more aggress…
The S&P 500 retreated from record highs as geopolitical tensions in the Middle East drove energy costs higher, overshadowing AI sector gains. Despite positive momentum in chip and software stocks, ma…
Euro weakens to $1.163 amid Middle East tensions and energy price concerns. Eurozone growth slowed to 0.1% Q1 while inflation surged to 3%, complicating ECB policy decisions despite ongoing rate hike…
WTI crude rallied to 2-week highs amid escalating US-Iran tensions, Strait of Hormuz closure, and severe global undersupply. Geopolitical risks and production disruptions support prices despite OPEC …
Geopolitical tensions in the Gulf push oil prices sharply higher, lifting inflation and boosting the US dollar while pressuring the euro near recent lows amid increased Fed tightening expectations.
Dollar strengthens on mixed Middle East war signals as U.S. business activity slows, while sterling weakens due to economic impact concerns and higher energy prices fueling inflation fears.