Financial News

Netflix surges after strong Q1 earnings and bullish forecast, driving gains in US indices. Traders now eye Q2 revenue and ad-tier growth potential.

Three scenarios for the sovereign credit outlook have emerged from the uncertainty over US trade policy – “tariff-light”, trade war, or a wider economic and financial crisis including introduction of capital controls.

Natural gas prices gain ground as traders react to the EIA report.

U.S. jobless claims fall, but weak manufacturing and housing data spark cautious bearish sentiment across equities and housing-linked assets.

Despite Trump’s victorious stance on inflation, the long-term impact of the United States’ tariffs could cause more inflationary pressures over the months ahead.

Dow Jones falls as UnitedHealth’s earnings cut sparks a sector-wide sell-off. Rising Medicare expenses weigh on US stocks and indices outlook.

Fed warns tariffs may slow US growth; Hang Seng rallies while Wall Street sinks—markets diverge on global trade outlook.

Gasoline inventories declined by 2.0 million barrels from the previous week.

U.S. retail sales rose 1.4% in March, beating forecasts. Auto sales surged 5.3%, signaling strong consumer demand despite weak sentiment and inflation fears.

Beijing’s stimulus lifts consumption and jobs, offsetting trade war headwinds in early 2025.

Unless Austria’s government undertakes additional reforms to stabilise and reverse rising public debt, public finances will continue to weaken given the modest economic growth outlook and sustained fiscal pressures.

The Fear and Greed Index has improved from a record low of 15 last week to 31 at the time of writing.

Empire State Manufacturing Index beats forecast at -8.1, but future outlook plunges. Traders brace for weak demand and rising cost pressures.

UK wage growth holds at 5.6% while jobless claims rise less than expected. Labor market steadies, but sticky wages may delay Bank of England rate cuts.

China’s stimulus silence, weak inflation data, and falling imports deepen fears of domestic slowdown.

Goldman Sachs beats Q1 earnings forecasts with record $4.19B in equity trading revenue, fueled by Trump-era trade volatility and market volume spikes.

Year-ahead inflation expectations increased from 5.0% in March to 6.7% in April.

JPMorgan beats Q1 forecasts with a $14.6B profit surge, fueled by record equity trading and dealmaking. Dimon warns of rising economic risks ahead.

U.S. inflation slowed to 2.4% in March, below forecasts. Falling energy prices and soft core CPI support growing expectations for a Fed rate cut.

The balance of risks for the global credit outlook remains negative. The United States government’s wide-ranging new import tariffs have exacerbated global economic and financial vulnerabilities.