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Economic Report

What’s Really Driving the US Stock Market to Fresh Record Highs?

The stock market closed with mixed results, yet the S&P 500 and Nasdaq Composite both hit new record closing highs. This seemingly contradictory performance highlights a market pulled in two different directions: the broader enthusiasm for artificial intelligence and a significant, fundamental shift in economic data. Despite a drag from …

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Market Drivers – US Session: After PPI Reading, US CPI Takes Center Stage, ECB “On Hold”

US Producer Price Index (PPI) inflation came in below expectations, bolstering bets of interest rate cuts from the Federal Reserve (Fed) next week. The US Dollar (USD) is on the back foot, weakened by mounting market expectations that the Federal Reserve will cut interest rates again next week. This sentiment …

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Dollar Holds Steady as Traders Brace for U.S. Inflation Data and Fed Decision

Markets Await Inflation Data for Rate Cut CluesThe U.S. dollar traded largely steady on Wednesday as investors awaited a string of inflation reports that could determine the size of the Federal Reserve’s expected interest rate cut at its September 16–17 meeting. Following last week’s weak nonfarm payrolls report, markets are …

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