Market context
Follow the story. See which markets it affects. Explore the context.
US futures mixed as PPI held steady (below forecast) and jobless claims rose, easing inflation fears. Oil dropped over 2% amid supply outlook. Mixed corporate earnings (Cisco down, IBM/Brookfield up)…
US equity futures inched higher after July CPI matched forecasts, with traders awaiting PPI and jobless claims data. Oil prices fell amid US-Iran tensions over the Strait of Hormuz, while Fed officia…
Oil prices fell 2.1% on softer demand data, lifting US stock futures modestly. Asian and European markets traded higher. Traders await PPI and jobless claims data, along with Fed speakers.
Fed commentary and mixed Eurozone/UK PMIs drive cautious FX moves: EUR slightly pressured by weak manufacturing but helped by services beats; GBP shows weakness amid slowing UK PMIs ahead of Powell r…