Inflation Surprises to the Upside in January Inflation Accelerates Beyond Expectations:The Consumer Price Index (CPI) rose 3.0% YoY, exceeding December’s 2.9% increase. On a monthly basis, CPI jumped 0.5%, surpassing forecasts of 0.3%. Core Inflation Rebounds:Stripping out food and energy, core CPI climbed 3.3% YoY, marking an uptick from December’s 3.2%. This suggests underlying inflationary […]
Global Markets Waver as Trump Tariffs Raise Inflation Fears, Powell Testimony Looms Stocks and bonds traded in narrow ranges as investors grappled with uncertainty following President Trump’s announcement of tariffs on steel and aluminum imports. The dollar held firm, while gold hit record highs near $2,940 an ounce amid worries that escalating tariffs could drive […]
Dollar Rallies and US Futures Recover as Trump Tariff Pledge Boosts Metals, While Global Markets Brace for Volatility US equity futures rebounded after a sharp Friday selloff as President Trump’s announcement of a 25% tariff on steel and aluminum imports buoyed US metals stocks, with United States Steel Corp. surging 15% and Alcoa Corp. up […]
US Futures Waver as Disappointing Tech Earnings Spark Caution, European Markets Rally on Rate Cut Optimism US equity futures dipped amid significant premarket losses in major companies. Qualcomm fell over 5% amid worries that smartphone demand will cool, Ford dropped 6% on concerns over the impact of US tariffs on carmakers, and Skyworks Solutions plunged […]
US Futures Slide as Trade War Tensions and Tech Earnings Weigh on Markets US equity futures fell as investors navigated escalating trade tensions and disappointing tech earnings. Nasdaq 100 futures dropped 0.7% after Alphabet and AMD plunged in premarket trading due to weaker-than-expected results, while S&P 500 futures declined 0.4%. Market uncertainty remains high, with […]
Gold Hits Record High Amid US-China Trade War Turmoil! Gold Surges to All-Time High Gold soared past $2,858 per ounce as investors rushed to safe-haven assets amid escalating trade tensions. US-China Trade War Fuels Uncertainty The US imposed a 10% tariff on Chinese imports, prompting a measured but concerning retaliation from Beijing. Weaker US Dollar […]
Stocks and Oil Slide as China Hits Back Against US Tariffs Stock Futures and Oil Decline S&P 500 futures fell 0.4%, while Nasdaq 100 futures declined 0.3%. West Texas Intermediate (WTI) oil dropped 1.6%, reacting to the renewed trade tensions. China Strikes Back with Tariffs & Investigations China announced new tariffs on US goods as […]
Trump’s Tariff Shock: Markets React with Dollar Surge and Stock Selloff The US dollar strengthened as global stocks and cryptocurrencies declined after President Donald Trump implemented tariffs on imports from Canada, Mexico, and China. US and European stock futures dropped sharply, with Asia-Pacific equities experiencing their biggest decline in six months. Concerns over rising inflation […]
Trade War 2.0? How Trump’s Tariffs Could Shake the Economy Trump’s Feb. 1 Tariff Plan Approaches: 25% tariffs on Canada & Mexico set to take effect Trump says decision on oil tariffs will be made “tonight” China also at risk—10% duties could be announced soon Business & Global Leaders in ‘Wait-and-See’ Mode: Fed Chair Jerome […]
Markets Slip After Fed Decision Fed Keeps Rates Unchanged: The Federal Reserve held interest rates steady at 4.25% – 4.5%, stating that “inflation remains somewhat elevated.” Tech Stocks Under Pressure: Nvidia (-4%): Hit by reports of potential new U.S. chip export restrictions. Tesla (+3%): Initially dropped 6% on earnings miss but rebounded. Microsoft (-5.5%): Cloud […]