U.S. ISM Services index surged to 55.4% in August, hitting a six-month high driven by the strongest new orders in over three years. Despite tariff and inflation headwinds, robust expansion and the AI…
US stock futures decline entering September amid Middle East tensions and climbing bond yields. The S&P 500, Dow, and Nasdaq are under heavy selling pressure, while WTI and Brent crude rally near mul…
U.S. consumer spending increased by a modest 0.2% in July, marking the slowest growth in 14 months. Meanwhile, personal income rose 0.4% and the savings rate climbed to 3.0%, pointing to a resilient …
US home prices rose in June, with the S&P Case-Shiller 20-City index up 2.1% year-over-year as mortgage rates stabilized around 6.5%. Resilient nominal price growth highlights steady consumer demand …
Gold prices held steady following Fed minutes as soft economic data tempered expectations of imminent rate hikes. Despite hawkish July minutes, cooling inflation and labor activity continue to suppor…
Bank of America research indicates the US 'K-shaped' economic divergence is closing as lower- and middle-income wage and spending growth accelerate upward. Balanced consumer spending and robust wage …
Markets face a pivotal week driven by major retail earnings, FOMC minutes, manufacturing PMIs, and crude inventory data. Investors await signals on consumer resilience, interest rate trajectories, an…
The S&P 500 traded largely flat as AI-driven optimism was countered by Middle East geopolitical tensions. Crude oil gained on Iranian diplomatic friction, while markets await upcoming US housing and …
U.S. home builder sentiment unexpectedly rose to 35 in August, beating forecasts of 33. Despite the modest uptick, builder confidence remains subdued below the key 50 threshold due to elevated mortga…
Gold extended its rally toward $4,400 on Monday, buoyed by a softer dollar and weak US economic data that reduced expectations of a Federal Reserve rate hike. While rising oil prices present a comple…
US business inventories were flat in June as wholesaler gains offset retailer declines, reflecting strong domestic demand. Business sales fell 1.1%, and inventories have declined for five straight qu…
U.S. retail sales fell 0.6% in July, the first drop in nine months, signaling weaker consumer spending. Combined with soft jobs data and mild inflation, markets now expect the Fed to hold rates stead…
Mixed U.S. economic data and Fed uncertainty weighed on markets, while AMD slumped on weak Q3 guidance and losing SpaceX's exclusive chip business to Nvidia, which rose on AI optimism. Asian chip sto…
U.S. economic data (housing starts, industrial production, consumer confidence) show resilience, but geopolitical tension in the Middle East, rising oil prices and Treasury yields, and AI-stock volat…
Bitcoin gained nearly 1% ahead of major U.S. economic events, including Fed Chair Powell's speech and employment data, which could influence future rate cuts and support crypto price stability.
Bitcoin trades near $67,400, awaiting US economic data and Fed Chair Powell's speech that will influence rate-cut expectations, a key driver for crypto markets in 2026. Positive dovish signals could …
USDCAD weakens as Middle East diplomacy eases safe-haven demand, collapsing energy prices and softening US data reduce dollar strength, while central banks adopt cautious inflation stances.
Global markets fell amid inflation fears over Middle East tensions and central bank hawkishness. Despite oil price volatility, major tech stocks, including GOOGL, showed moderate declines amid mixed …