Financial News

CB Consumer Confidence declined from 92.9 in March to 86.0 in April, missing analyst estimates.

U.S. home prices edged higher in February, with tight supply keeping pressure on prices despite mortgage rates near 6.5%. Regional trends remain mixed.

GM beats Q1 estimates but halts buybacks and reassesses guidance as US tariffs raise costs and cloud stock market outlook for US indices.

Trump hardens tariff stance as Beijing tests US pain tolerance with trade war countermeasures.

U.S. Dollar Index tested session lows as traders reacted to the report.

Year-ahead inflation expectations jumped from 5.0% in March to 6.5% in April.

UK retail sales unexpectedly rise in March but are unlikely to lower BoE rate cut bets as inflation and job data soften.

Alphabet stock jumps 4% post-Q1 beat, unveils $70B buyback and dividend hike. Ad revenue holds strong as cloud growth slows but margins improve.

Natural gas prices tested session lows after the release of the EIA report.

U.S. jobless claims rose to 222K, but the labor market remains solid. Durable goods surged 9.2%, driven by transportation. What traders need to know now.

IMF cuts 2025 U.S. and China growth forecasts; Trump flip-flops on trade war rhetoric.

PMI data showed that business activity growth slowed down in April.

Germany’s private sector contracted in April, reviving fears of stagnation as weak PMIs and IMF downgrades cloud the 2025 outlook.

Tesla stock jumps 5% pre-market after weak earnings as Elon Musk pledges to refocus on the EV giant. Traders eye his renewed commitment to growth.

Italy’s economy is set to grow more slowly in 2025-26 given US tariffs and delays in recovery-plan investments. Still, reforms and continuing EU-fund deployment should support medium-term growth after 2026.

U.S.-China trade rift deepens as tariffs bite, equity markets diverge, and global economic indicators begin flashing red.

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.