The U.S. dollar index, which tracks the dollar against a weighted basket of six foreign currencies, including the EUR/USD and the USD/JPY, recently fell to its lowest level since April 2022. This may...
Total retail sales came in at $734.9 billion in March, a gain of +1.4% (vs +1.3% expected). January and February were revised higher by a combined $3.4 billion. At +1.4%, its the biggest monthly gain...
Tech stocks fell globally after the Trump administration imposed new restrictions on Nvidia’s chip exports to China, worsening trade tensions. Nasdaq 100 futures dropped 1.5%, and Nvidia...
The chart below, courtesy of JP Morgan Asset Management, highlights how much the US relies on certain rare earth metal imports from China and other nations. It also lists some of the products the...
UK annual inflation dropped to 2.6% in March 2025, lower than expected, with notable decreases in recreation, culture, and transport prices. Markets are pricing in an 85% probability of a Bank of...
All eyes on Fed Chair Powell today about rate cut hints UK CPI keeps the door open to May BoE rate cut Strong possibility of a BoC rate cut today Dollar’s suffering lingers, gold hits a new all-time...
The two-day global stock surge in Europe came to a halt this morning following further escalations in the US-China trade war. The Trump administration slapped fresh curbs on Nvidia (NASDAQ:NVDA) chip...
Analysts Expect 2025 to Be Bullish for Gold The gold (XAU/USD) price rose by 0.57% on Tuesday and continued to rally strongly during the Asian and early European trading sessions earlier today. A...
Markets are still relatively slow ahead of the holidays, and there’s no real progression on stocks due to ongoing uncertainty around tariffs. It looks like the focus this week is shifting toward...
From NABE two days ago, responses pre- and post-“Liberation Day”: From the NABE statement: The initial April 2025 NABE Outlook presents the consensus macroeconomic forecast of a panel of 41...