Breaking news from trusted financial sources. Central bank decisions, economic data releases, and expert analysis.
West Texas Intermediate crude oil prices fell as improved flows through the Strait of Hormuz eased supply concerns, overshadowing recent US inventory data.
Federal Reserve Chair Kevin Warsh's remarks at Sintra suggest a deliberate move towards less explicit forward guidance for monetary policy.
The Dow Jones Industrial Average achieved a new all-time high, concluding its recovery from April's decline, though recent changes influenced the milestone.
Former President Trump's latest financial disclosure for 2025 reveals a substantial increase in reported income, largely driven by cryptocurrency ventures.
Major US stock indices recovered from early session declines, with the Dow and S&P 500 turning positive, while the Nasdaq remained flat.
The USDCAD pair experienced modest gains and subsequent retracement, influenced by holiday-thinned Canadian market activity.
An ECB governing council member indicates another rate hike is a reasonable expectation, with wage data clarity expected by autumn.
The US tech market shows a divided picture, with consumer electronics and software firms advancing while semiconductor companies face declines.
Canada's economy started Q2 with unexpected strength, driven by key sectors, though future growth faces inflation and interest rate hurdles.
HSBC analysts suggest the UK's inflation outlook, while still elevated, now faces more balanced geopolitical risks following recent US-Iran developments.
Weekly data from the EIA showed a larger-than-expected draw in gasoline stocks, while crude oil and distillates diverged from forecasts.
US crude oil stockpiles decreased by 3.775 million barrels last week, a smaller draw than the 5.1 million barrels analysts expected.
Eurozone inflation dipped in June, primarily due to energy costs, though underlying price pressures remain a key concern for the European Central Bank.
US construction spending saw a marginal increase of 0.1% in May, aligning with market expectations, following a downward revision for April.
The Institute for Supply Management (ISM) reported a slowdown in US manufacturing expansion for June, with the PMI reaching 53.3.
US manufacturing activity expanded for the eleventh consecutive month in June, though the pace of growth moderated significantly.
Uncertainty surrounding the United States-Mexico-Canada Agreement (USMCA) review is expected to extend policy risks for Mexico, potentially impacting economic growth and capital expenditure.
HSBC analysts suggest the US Dollar's credibility is reinforced by the Federal Reserve's commitment to maintaining current policy rates.
A White House economic official recently suggested that increasing interest rates could be an error, sparking discussion on monetary policy.
Lower-than-expected inflation in the Euro area for June may allow the European Central Bank to maintain a cautious approach on interest rates.
Gold is stabilizing around the $4,000 level as market participants await crucial US labor statistics and remarks from the Federal Reserve Chair.
Top central bankers, including the Fed chair, ECB president, and BoE and BoC governors, will participate in a policy panel today.
USD/JPY has climbed to levels not seen since 1986, driven by a hawkish shift in US monetary policy expectations.
US employers announced fewer job cuts in June, a notable decrease from May, with artificial intelligence cited as a primary factor in tech layoffs.
Real-time quotes powered by TradingView