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S&P 500 Closes In on Record as Peace Optimism Builds; New York Manufacturing Jumps to 11, Crushing Forecasts
Index Products1 min read

S&P 500 Closes In on Record as Peace Optimism Builds; New York Manufacturing Jumps to 11, Crushing Forecasts

New York manufacturing activity rebounded sharply in April with strong gains in orders, shipments, and employment, while rising input costs, weakening optimism, and softer capital spending signaled cautious outlook.

By Shanthi Rexaline1 hours ago
US Stock Futures Pause as S&P 500 Knocks on Record's Door After Iran War Loses Vanish
Index Products1 min read

US Stock Futures Pause as S&P 500 Knocks on Record's Door After Iran War Loses Vanish

Markets rebounded after war-driven selloff, supported by resilient earnings, easing volatility, and AI-led tech strength, with strategists expecting momentum to continue despite geopolitical risks and upcoming Fed decision.

By Shanthi Rexaline2 hours ago
US Producer Prices Rise Less Than Expected in March, Buoying Market — Yet Persistent Inflation  May Keep Fed in a Bind
Inflation1 min read

US Producer Prices Rise Less Than Expected in March, Buoying Market — Yet Persistent Inflation May Keep Fed in a Bind

U.S. producer inflation rose less than expected in March despite higher energy prices, while markets rallied; however, persistent inflation and geopolitical tensions keep uncertainty over future Federal Reserve policy decisions elevated.

By Shanthi Rexaline1 days ago
IEA Warns of Steepest Oil Supply Shock Since COVID as Iran War Drags Down 2026 Demand Forecast
Energy1 min read

IEA Warns of Steepest Oil Supply Shock Since COVID as Iran War Drags Down 2026 Demand Forecast

EA sharply cut demand forecasts for 2026, citing conflict disrupted supply, reduced refinery activity, tightened inventories outside the Middle East, and elevated prices.

By Shanthi Rexaline1 days ago
Iran War Rattles German Economy as Wholesale Prices Jump At Fastest Pace in 3 Years
Inflation1 min read

Iran War Rattles German Economy as Wholesale Prices Jump At Fastest Pace in 3 Years

Germany’s wholesale inflation surged on energy and metals costs, complicating ECB policy outlook, with markets pricing fewer rate hikes despite persistent price pressures.

By Shanthi Rexaline1 days ago
Yuan Hits Fresh 3-Year High as China's Import Boom Overshadows Trade Surplus Slump Amid Iran War Fallout
Growth1 min read

Yuan Hits Fresh 3-Year High as China's Import Boom Overshadows Trade Surplus Slump Amid Iran War Fallout

China’s imports surged on higher commodity, and semiconductor prices, while export growth slowed amid weaker global demand and supply chain disruptions, narrowing the country’s trade surplus.

By Shanthi Rexaline1 days ago

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