European equity futures declined due to rising concerns that US President-elect Donald Trump’s proposed tariffs and selections for key administration posts could increase inflation. Equity...
Stocks Pause Rally As Focus Shifts Towards US Inflation – Stocks paused their upward movement on Tuesday, as concerns arose that the rally had pushed valuations too high. Investors were also...
Federal Reserve Chair Jerome Powell stated that he would not resign from his position if re-elected President Donald Trump were to request it. This statement follows the Fed’s decision to lower...
Unless there is a significant surprise, the Federal Open Market Committee (FOMC) is expected to continue its cycle of rate cuts with a 25-basis-point reduction at the meeting scheduled for...
Donald Trump was elected the 47th president of the United States, marking a stunning political comeback in one of the most polarized contests for the White House in American history. Trump, 78,...
Big week ahead – In October, U.S. hiring increased at its slowest pace since 2020, with nonfarm payrolls rising by only 12,000. The unemployment rate remained steady at 4.1%, and hourly earnings...
All Eyes on the US Jobs Report – Stocks increased ahead of Friday’s crucial U.S. jobs report, concluding a volatile week in which mixed earnings from major tech companies placed the market on...
Eyes on US Core PCE Today – The Bank of Japan maintained its benchmark interest rate at around 0.25%, reiterating its outlook that it is on track to achieve its inflation target. This...
All eyes on UK budget today – Today’s budget is expected to be highly significant for the foreseeable future. Chancellor of the Exchequer Rachel Reeves is likely to raise taxes to support...
Headlines Oil slumps 5% as Israel limits Iran strike to military targets Japan’s Ishiba vows to restore stability after losing majority Yen weakens on Japanese vote...