Nvidia’s profits are up, but the company’s future growth is uncertain and sales in China are slowing things down. US markets are waiting for the GDP and jobless data, and Japan’s trade negotiator has cancelled his trip to the US. Nvidia did really well in the second quarter of the year, making $46.7 billion, which […]
Jackson Hole Countdown: Traders Bet on a September Cut • Dollar Hovering : The U.S. dollar remained steady below a one-week high ahead of the Jackson Hole symposium.• Mixed Asian Stocks : Japan’s Nikkei slipped 0.6%, while South Korea’s KOSPI bounced 0.9%. Chinese blue chips rose 0.5%, but Hong Kong’s Hang Seng stayed flat.• Wall […]
Asia Markets Tumble as Investors Await Powell at Jackson Hole • Asian markets: Asian shares slipped, following a tech-led selloff on Wall Street.• U.S. dollar: The dollar steadied ahead of the Jackson Hole symposium this week.• Oil prices: Oil recovered as traders weighed Ukraine peace talks and potential easing of Russian crude sanctions.• Futures performance: […]
Energy, Metals, Agriculture – Key Drivers in Focus This Week Energy – Oil• Oil prices are trading lower following Trump–Zelensky talks.• Focus now shifts to a potential Zelensky–Putin meeting within two weeks — the first since the war began.• Main sticking point: Russia demands full control of Donetsk and Luhansk, which Ukraine strongly rejects.• Betting […]
Jackson Hole Watch: Three Big Issues for the Fed Chair As Fed Chair Jerome Powell prepares to speak at the annual Jackson Hole symposium, markets are watching closely. Here are the big issues on the table: Tariffs & Inflation:• Are tariffs really pushing prices higher, or are companies absorbing the costs?• CPI data shows muted […]
Dollar Traders Eye Data Over Diplomacy • Meeting Time: Trump–Putin summit in Alaska is scheduled for 20:30 BST / 21:30 CET. Immediate impact on markets may be limited until Monday.• Geopolitical Stakes: The meeting could outline a draft ceasefire plan for Ukraine, but there’s a 25% chance nothing will be agreed today, which could be […]
U.S. Futures Take a Breather Amid Wall Street Rally & Economic Data Watch • Futures Flat After Strong Week – U.S. stock index futures paused Thursday after two consecutive record-breaking sessions for the S&P 500 and Nasdaq.• Labor Market Weakness Fuels Rate-Cut Bets – Softer job data has boosted expectations for a 25 bps Fed […]
The US inflation report makes it more likely that the Fed will cut interest rates. The Bank of Japan is discussing a possible change in policy to become more aggressive. India and China have re-established their economic ties after Trump put 50% tariffs on Indian goods. • A US inflation report for July that was […]
The Chinese factory has had to lay off staff and stop paying leave because of new tariffs. China is also discouraging the use of Nvidia’s H20 chips. Japan’s Nikkei has hit a record high. • China’s manufacturing sector is feeling the effects of global trade tensions. One factory owner, Mike Chai, is having to cut […]
Trump–Putin Talks Loom as Markets Brace for More Volatility Oil• Deadline Passes Without New Sanctions: Trump’s deadline for a Russia–Ukraine peace deal expired without tougher US sanctions, pushing Brent crude to its lowest level since early June.• Trump–Putin Meeting in Focus: Market watches the upcoming meeting, though quick resolution seems unlikely due to territorial disputes.• […]