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Browse our complete collection of financial news and analysis
Browse our complete collection of financial news and analysis
Browse our complete collection of financial news and analysis
Wall Street faces a tightrope walk: Key tests this week include Iran diplomacy, PCE inflation data and earnings as S&P eyes 9th week of gains.
The hotter-than-expected producer inflation data is likely to reinforce concerns that price pressures are becoming more entrenched across the economy.
Alphabet, and Amazon shares rally following first-quarter earnings, thanks to the ongoing AI momentum, although Meta's capex shock tempered the mood, and crude oil pulled back from a four-year high.
The Fed held rates steady at 3.50%-3.75% for a third straight meeting, flagging Middle East-driven inflation risks, as Powell prepares for his likely final press conference before his May 15 exit.
S&P 500 hovers near the flatline after Iran's IRGC boards two ships, sending WTI back above $95 ahead of a marquee week of earnings and the FOMC decision.
German and eurozone economic sentiment declined sharply in April, missing expectations, while the assessment of current conditions also deteriorated.
The Fed chose to wait and watch how inflation plays out in the aftermath of the Middle East shock but remained optimistic of the economic momentum.
Producer price inflation accelerated in January, driven largely by firm service inflation, underscoring persistent underlying pricing pressures.
Trump's tariff escalation triggered a global risk-off shift, sending Bitcoin futures lower as investors favored traditional safe havens over crypto.
AI-driven capex excess among hyperscalers, combined with macro and geopolitical risks, threatens an AI-trade unwind and steepening of S&P 500 losses.
While the market expects a Fed pause, Powell’s tone and leadership uncertainty will drive Treasury futures, and dollar direction, creating short-term trading opportunities.