Financial News
- Julian Zimmermann
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.
- Alejandro Arrieche
The Fear and Greed Index has improved from a record low of 15 last week to 31 at the time of writing.
- James Hyerczyk
Empire State Manufacturing Index beats forecast at -8.1, but future outlook plunges. Traders brace for weak demand and rising cost pressures.
- James Hyerczyk
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.
- Bob Mason
China’s stimulus silence, weak inflation data, and falling imports deepen fears of domestic slowdown.
- James Hyerczyk
Goldman Sachs beats Q1 earnings forecasts with record $4.19B in equity trading revenue, fueled by Trump-era trade volatility and market volume spikes.
- Vladimir Zernov
Year-ahead inflation expectations increased from 5.0% in March to 6.7% in April.
- James Hyerczyk
JPMorgan beats Q1 forecasts with a $14.6B profit surge, fueled by record equity trading and dealmaking. Dimon warns of rising economic risks ahead.
- James Hyerczyk
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.
- Dennis Shen
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.
- Bob Mason
Weaker Yuan, canceled orders, and tariff tit-for-tats put China’s export outlook in question.
- Bob Mason
China’s March CPI fell again, highlighting demand woes as Trump ramps tariffs to 125% on Chinese goods.
- James Hyerczyk
Dow soars 2,159 points as Trump announces a 90-day tariff pause. Nasdaq leads with 8% gain, fueling hopes of trade relief and market recovery.
- Vladimir Zernov
Oil traders focus on China’s retaliatory tariff on U.S. goods.
- James Hyerczyk
Trade war escalates with China’s 84% tariffs driving $5.83T market wipeout. S&P500 nears bear territory while Treasury safe havens unexpectedly crumble.
- Dennis Shen
Fiscal deterioration and weaker debt sustainability pose economic challenges, while 10% US tariffs on UK exports alongside 25% on steel and aluminium harm UK growth.
- James Hyerczyk
U.S. payrolls rose by 228K in March, beating forecasts. Strong hiring in health care and transport supports a bullish short-term equities outlook.
- Vladimir Zernov
Natural gas prices moved away from session highs as traders reacted to the EIA report.
- Vladimir Zernov
U.S. dollar remained under strong pressure after the release of the report.
- James Hyerczyk
U.S. jobless claims fall to 219,000, below expectations, while continuing claims surge to 1.9M, a multi-year high, sending mixed signals to Fed watchers.