Wall Street Rally Pauses as Tax Bill, Trade Risks Resurface • US stock futures are down slightly after the S&P 500 and Nasdaq closed at fresh all-time highs on Monday.• Market optimism has been driven by hopes for more trade deals and potential interest rate cuts from the Federal Reserve.• Focus now shifts to President […]
Trump’s Tariff Policies Stoke Investment Flight to Europe amid US Trade Talks; European Equities Outperform US; Gold Holds Firm Amid Economic Uncertainty • US President Donald Trump’s “erratic” tariff policies are causing a sharp shift in investment globally, with investors and businesses increasingly choosing Europe over the US. European ventures, particularly hydrogen, are in focus […]
Wall Street Inches Toward Record Highs — What’s Fueling the Rally? The S&P 500 has surged 23 percent since its April lows, now just a few points away from its all-time high of 6,144 set in February. The tech-heavy Nasdaq is also within reach of its December 2024 record, supported by strong performance in technology […]
Global Economic Nerves: Tariffs to Spark US Inflation; Iran Announces Victory Over Israel & US; Copper Constriction Tightens; Nvidia Takes Most Valuable Company Crown • Richmond Federal Reserve President Thomas Barkin said that tariffs imposed by President Trump are “very likely” to push inflation higher in the next few months, but he does not see […]
Asian Markets Struggle Amid Trump-Powell Tensions and Dollar Weakness • Asian stock markets remain cautious as investors digest political tensions and mixed economic signals. • A temporary ceasefire between Israel and Iran has calmed oil supply concerns, providing slight market relief. • The MSCI Asia-Pacific index outside Japan was mostly flat, with Tokyo’s Nikkei climbing […]
Powell Pledges Fed’s Conservative Stance on Rates in the Face of Tariff Inflation Jitters; NATO Ups Defense Spending to 5% of GDP; US “X Date” Looms as Bond Funds See Binge Inflows • Federal Reserve Chairman Jerome Powell continued his Congressional testimony, promising that the central bank will not move hastily to reduce interest rates […]
Fed Shifts Tone: Growing Momentum for Interest Rate Cuts • The Federal Reserve kept interest rates steady last week, triggering criticism from President Trump and the administration. • In recent days, several senior Fed officials have expressed support for cutting rates as early as the next meeting in July. • Fed Governor Christopher Waller said […]
Oil Prices Slump as Trump Insists on Fragile Israel-Iran Ceasefire; Fed Cautious on Rates Amid Tariff Impact; Tesla Robotaxi Faces Valuation Scrutiny • Oil futures fell dramatically on Tuesday as President Trump strongly tried to maintain a faltering ceasefire between Israel and Iran intact. Regardless of prior accusations of ceasefire violations, Trump insisted that hostilities […]
Global Stock Rally and Oil Price Slump After Trump Announces Israel-Iran Ceasefire Key Developments• US President Donald Trump announced that Iran and Israel have agreed on a “full and comprehensive ceasefire.”• Iranian officials confirmed ongoing ceasefire negotiations, but no formal confirmation has yet been provided by Israel.• The ceasefire is expected to take effect on […]
US Launched Attack on Iran Nuclear Sites, Heightening Mideast Tensions; Fed’s Rate Path Clouded by War & Tariffs; Tesla Robotaxi Goes Live in Austin; Bitcoin Treasury Company Issued • The US launched an attack on three Iranian nuclear sites over the weekend, dramatically elevating the Middle East war and fueling supply shock concerns that propelled […]