Key Takeaways ADP misses expectations: Private payrolls rose by 98,000 in June — below the 118,000 forecast and down from 122,000 in May. Uneven job creation: Financial activities and information services were among the biggest gainers; leisure and hospitality hiring was notably weak. Softer than prior month: The deceleration from …

Key Takeaways Inflation beats forecasts: Eurozone CPI rose 2.8% year-on-year in June — below the 3.0% consensus and down sharply from 3.2% in May. Fastest monthly decline this year: The 0.4 percentage point drop from May to June marks a significant easing in price pressures. Iran peace deal impact emerging: …

Gold fell on Monday as renewed Middle East tensions threatened to stoke inflation and reinforce expectations of higher-for-longer interest rates, a backdrop that tends to hurt non-yielding assets like bullion. By 07:15 ET, spot gold dropped 1.3% to $4,035.82 an ounce and futures fell 1.1% to $4,049.92. The US and …

European shares went nowhere on Monday as investors questioned whether a fragile US-Iran ceasefire would last, while climbing oil prices reignited inflation concerns. The STOXX 600 was flat at 635.66, ending a choppy week with only slim gains. Germany’s DAX, France’s CAC 40 and Britain’s FTSE 100 barely moved, while …

Key Takeaways Gold finds tentative footing: Spot gold ticked up 0.3% to $4,036.88 per ounce, while gold futures added 0.1% to $4,051.30. Third straight weekly loss: Bullion on track for a nearly 3% weekly decline and has shed roughly 11% this month. Dollar near 13-month high: The greenback is heading …

Key Takeaways Record close reversed: The Stoxx 600 opened 0.4% lower the day after a record-setting close driven by Micron and Qualcomm earnings. DAX leads losses: Germany’s index fell 0.7%; FTSE 100 dropped 0.4%; France’s CAC 40 lost 0.2%. OpenAI IPO delayed to 2027: Reports that the ChatGPT maker is …

Key Takeaways Oil falls further: Brent dropped 1.4% to $74.19 per barrel, while WTI slipped 1.6% to $70.77. Third weekly decline: Both benchmarks on track for roughly 7% weekly losses — extending last week’s peace deal-driven selloff. War premium nearly gone: Oil prices have erased most of their gains since …

Key Takeaways Core PCE in line: The core personal consumption expenditures price index rose 0.3% month-on-month and 3.4% year-on-year in May — matching economist estimates. Core ticks up slightly: Both the monthly and annual core readings edged above April’s figures, but without a negative surprise. Headline PCE beats: The headline …

Key Takeaways Bitcoin falls 1.2%: To $61,685.0 — briefly dipping below $60,000 Wednesday and hovering near a 1.5-year low hit earlier in June. Seven straight weeks of ETF outflows: Spot Bitcoin ETFs are on track for their longest consecutive outflow streak of the year. $469M single-day outflow: Wednesday’s exodus was …

Key Takeaways First positive open this week: The Stoxx 600 gained 0.2%; Germany’s DAX rose 0.3%; Italy’s MIB gained 0.3%; France’s CAC 40 was flat. FTSE 100 bucks the trend: London fell 0.3%, dragged lower by energy giants BP and Shell as oil prices tumbled. Brent below $73: Oil dipped …