Asian Session Market Wrap A mixed Asian session for stocks as US Futures struggled after the S&P 500 finished with gains of 0.4% on Thursday. It appears early-week optimism around the US-China...
Weak US Economic Statistics Support Gold Gold (XAU/USD) gained 1.97% on Thursday as the US dollar (USD) weakened after the release of April inflation data, which signalled a potential shift in...
Retail sales rose 0.1% in April, in line with estimates. Retail and food services sales in the United States increased slightly in April, rising 0.1% for the month to $724.1 billion, in line with...
Fed Chair Powell and Vice Chair Jefferson discussed a range of issues, including tariffs, inflation, and monetary policy. One week after the Federal Open Market Committee (FOMC) met on interest...
Retail sales are the perfect example of how inflation can distort the data. Here are the results over the last 4 years: April 2021 - April 2025 Total retail sales: +19% Real (inflation-adjusted)...
Wall Street’s benchmark index, the S&P 500, is showing signs of hesitation, fluctuating within a narrow range as investors carefully assess global trade developments and the latest round of...
US PPI fell 0.5% vs 0.2% gain expected—biggest drop in over a year Retail control group and factory output also undershot forecasts Yields dropped sharply; markets priced in two Fed cuts by...
Yesterday was pretty boring, with some games being played ahead of today's options expiration. Gamma levels should drop significantly at today's open, removing the “buy-the-dip” activity we’ve seen...
Tariffs remain “too high” and will likely impact prices. Walmart Inc (NYSE:WMT) stock was dropping on Thursday, down around 5% after the opening bell after posting mixed results in its fiscal first...
Asian Session Market Wrap Asian stocks dropped on Thursday after rising for four straight days, as the boost from US-China trade talks started to fade. Stocks in Japan, China, and US futures all...