Economists surveyed by Bloomberg expect May’s US core inflation figures to show an increase, partly driven by moderate effects of import tariffs. Meanwhile, price hikes for certain services, such as airfares, likely eased or even turned negative.
Citigroup strategists note that major US tech giants are attracting growing investor interest, as market optimism about America's economic outlook outweighs global trade uncertainty. The S&P 500 is now about 2% below its February record highs.
Weak UK employment data has reinforced expectations of Bank of England interest rate cuts, according to Bloomberg. The pound fell 0.7% to $1.3456, marking its steepest decline this month, while UK bond yields dropped 5–6 basis points across the curve, outperforming eurozone counterparts.
Analysts at Morgan Stanley believe US President Donald Trump’s decision to double tariffs on aluminum to 50% increases the likelihood of additional levies on copper imports.
According to Kpler data, US energy imports to Asia have actually declined in the four full months since Trump returned to the White House compared to the same period last year.
ECB Governing Council member Robert Holzmann has called for a halt to further monetary easing until autumn, arguing that the eurozone should keep its current interest rate on hold to safeguard against resurgent inflation.
Nasdaq has formally updated the composition of its benchmark index through the US Securities and Exchange Commission (SEC) Form 8-K filing for the Hashdex Nasdaq Crypto Index US ETF (NCIUS). The revised index now incorporates four additional cryptocurrencies.
On Wednesday, US inflation data for May will be published. According to Dow Jones Newswires and The Wall Street Journal surveys, last month's Consumer Price Index (CPI) likely rose to 2.4%. The April reading stood at 2.3%.
According to the survey published this week by the Federal Reserve Bank (Fed) of New York, Americans are growing less worried about inflation. Poll data cited by Reuters also indicated improved sentiment among US citizens on their financial wellbeing last month.
Bank of Japan (BOJ) Governor Kazuo Ueda told parliament that inflation remains significantly below the bank's 2% target. Market participants interpreted his remarks as suggesting a potential pause in monetary tightening.
The world of business and finance is constantly changing. What trends and directions are relevant today? The answer to this question is key to successfully navigating in a trading and investment environment and better assessing the risks involved.
The global economy can be greatly impacted by major events, causing stock markets and exchange rates to plummet. The repercussions of one nation's crisis may extend to other countries, creating a butterfly effect with far-reaching consequences. While these events may be frightening for some, traders and investors use them as a chance to generate profits amidst a crisis.
Financial institutions act as intermediaries between borrowers and lenders. This group typically includes banks, as well as non-bank organizations such as pension funds, insurance companies, credit unions, and pawnshops. By supporting global trade, business growth, and job opportunities, these institutions play a crucial role in maintaining a stable and thriving economy.
All governments serve as regulators for businesses, both domestically and internationally. The economic policies implemented by separate states have a significant impact on their currency exchange rates and living expenses.
Market players are always looking for tools and opportunities to make a profitable investment, which is accompanied by some risks. This is where capital management comes into play, with the goal of minimizing losses and maximizing profits
By closely monitoring worldwide events and economic strategies of the top nations, traders and investors can make well-informed decisions in the financial world
