Market Update

Headline Figures Annual CPI: Rose 1.9%, slightly below forecasts of 2.0%, but higher than July’s 1.7%. Monthly CPI: Fell 0.1%, versus expectations of a 0.1% rise. Core Inflation: CPI-median held steady at 3.1%. CPI-trim eased to 3.0% from 3.1%. Excluding gasoline, CPI slowed to 2.4% from 2.5% in the prior …

Headline Figures Monthly Growth: Retail Sales in the U.S. rose 0.6% in August, reaching $732 billion. Previous Month: July’s growth was revised upward to 0.6% from an initial estimate of 0.5%. Market Expectations: The August figure came in well above forecasts of 0.2%, showing stronger-than-anticipated consumer spending. Annual Growth: Retail …

Wall Street Extends Gains into New Week U.S. stock futures ticked higher on Tuesday as investors positioned themselves for a pivotal week dominated by the Federal Reserve’s policy decision and fresh U.S.-China trade headlines. At 06:05 ET (10:05 GMT), Dow Jones Futures added 5 points (0.1%), S&P 500 Futures gained …

Prices Edge Lower After Recent Gains Oil prices slipped on Tuesday, consolidating after modest advances last week driven by concerns over potential disruptions to Russian supply. At 04:50 ET (08:50 GMT), Brent crude futures for November delivery fell 0.5% to $67.08 per barrel, while West Texas Intermediate (WTI) crude declined …

Dollar Weakens on Fed Easing Bets The U.S. dollar extended its slide on Tuesday, retreating to multi-month lows against several major currencies as investors ramped up bets that the Federal Reserve will cut interest rates this week. The dollar index slipped to 97.121, its weakest level since July 7, pressured …

Unemployment Remains Elevated The U.K. unemployment rate stayed at 4.7% in the three months to July, according to the Office for National Statistics. This was in line with expectations and marks the highest level since July 2021, highlighting persistent softness in the labor market. Pay growth, excluding bonuses, eased slightly …

The U.S. Dollar Index (DXY) is currently trading at 97.343, down 0.28% for the day. This recent decline is part of a broader weakening trend for the dollar. Over the last month, the DXY has fallen by 0.86%, and the losses are even more significant over longer periods, with the …

The global economic narrative is dominated by a high-stakes question: can the Federal Reserve navigate a soft landing? The data presents a contradictory picture. On one hand, the U.S. labor market is showing clear signs of cooling, with recent reports indicating softer job gains and a rise in initial jobless …

President Donald Trump has reignited the debate over corporate financial reporting, advocating for an end to mandatory quarterly earnings reports in favor of a semi-annual schedule. The proposal, which was made public on social media, calls on the Securities and Exchange Commission (SEC) to make this significant change. According to …

Crude oil prices are currently locked in a persistent trading range, a reflection of the significant and often conflicting forces at play. Despite geopolitical tensions that suggest prices should be rising, the market remains skeptical. For instance, West Texas Intermediate (WTI) crude is trading around $63.27 per barrel, showing a …