January’s US retail sales figures revealed a surprising 0.9% month-over-month decline, the sharpest drop in nearly two years. This figure initially sparked concerns about the economy’s health. However, a closer examination reveals a more nuanced picture, suggesting that the drop may not signal a significant shift in consumer spending. Several …
Read More »U.S. Futures Trade Mixed as Investors Weigh Inflation, Earnings, and Trade Uncertainty
U.S. stock index futures hovered near flat levels on Friday as investors digested hot inflation data, corporate earnings reports, and uncertainty surrounding U.S. trade policies. Futures Movement as of 05:15 ET (10:15 GMT): Dow Jones Futures ↓ 100 points (-0.2%) S&P 500 Futures ↓ 2 points (-0.1%) Nasdaq 100 Futures …
Read More »Dollar Retreats Despite Price Pressures and Labour Market Conditions
The US dollar’s recent performance presents a puzzle. Despite robust Producer Price Index (PPI) data and a resilient labour market, the dollar has weakened, underscoring the powerful influence of geopolitical events and shifting market sentiment. This dynamic suggests that traditional economic indicators may, at times, take a backseat to broader …
Read More »Market Drivers; US Session: Sticky Inflation and Trade War Concerns In Focus
The signing of a reciprocal tariff order has injected further uncertainty into global trade. The potential for escalating trade tensions increases investor nervousness, prompting a flight to safe-haven assets. Gold prices have surged, approaching record highs, driven by a confluence of factors including US dollar weakness, trade anxieties, and robust …
Read More »Economic Data Matters: Fed’s Hawkish Stance Poised To Remain In Place Till September 2025
Federal Reserve Chair Jerome Powell stated that President Trump’s calls for lower interest rates won’t change the central bank’s rate decisions. Powell stated that the Fed will continue to make decisions based on the economy’s situation, despite Trump’s social media comments suggesting lower interest rates. The Fed has cut its …
Read More »U.S. Producer Prices Surge in January, Strengthening Fed’s Higher-for-Longer Stance
U.S. producer prices increased more than expected in January, reinforcing concerns that inflation is reaccelerating and pushing back expectations for Federal Reserve interest rate cuts to the second half of 2025. According to Thursday’s Bureau of Labor Statistics (BLS) report: The Producer Price Index (PPI) for final demand rose 0.4% …
Read More »U.S. Stock Futures Trade Flat Amid Ukraine Peace Talks, Inflation Data in Focus
U.S. stock index futures remained largely unchanged on Thursday as investors assessed potential peace negotiations between Russia and Ukraine, alongside upcoming inflation data and corporate earnings reports. As of 10:10 GMT: Dow Jones Futures fell 10 points (-0.1%) S&P 500 Futures dropped 1 point (-0.1%) Nasdaq 100 Futures edged up …
Read More »U.S. Dollar Retreats as Euro Rallies on Ukraine Peace Hopes
The U.S. dollar weakened on Thursday, while the euro gained, as optimism grew over a potential resolution to the Russia-Ukraine conflict following discussions between U.S. President Donald Trump and the leaders of both nations. As of 09:25 GMT, the Dollar Index, which measures the greenback’s performance against a basket of …
Read More »Wall Street’s Latest Earnings Season: A Story of Two Realities
US companies have delivered a robust earnings season, exceeding expectations and demonstrating significant growth. However, this positive performance has been overshadowed by broader economic concerns, leaving investors hesitant and stock prices subdued. This disconnect between strong earnings and market reaction reveals a complex interplay of factors influencing investor sentiment.Strong Earnings, …
Read More »Rate Cuts Sharply Dimmed Following Hot CPI Report, Powell’s Hawkish Rhetoric
Expectations for Federal Reserve interest rate cuts have taken a significant hit following the release of a hotter-than-anticipated inflation report for January and subsequent comments from Fed Chair Jerome Powell. Market predictions have undergone a dramatic shift, now suggesting a rate cut is highly unlikely before September of this year, …
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