Financial News

Crude oil inventories rise despite refinery slowdown; imports surge, but demand weakness in distillates points to a bearish outlook for oil prices.

UK inflation overshoots estimates, driven by housing costs, signaling potential BoE hesitation on future rate cuts.

October housing permits and starts fall below estimates, signaling bearish construction trends as builders face high mortgage rates and cautious demand.

The index continued to recover from the lows that were reached in August.

US retail sales rose 0.4% in October, reaching $718.9 billion. Consumer spending drives growth but reveals signs of slowing momentum heading into Q4.

China’s Retail Sales Surge, Unemployment Dips as US Tariff Threat Looms” – Mixed economic signals push Hang Seng and AUD/USD higher amid investor caution.

As challenging as France’s fiscal and political outlooks are, the country’s underlying areas of resilience include a favourable government debt profile, a resilient economy and well capitalised banks.

Gasoline inventories decreased by 4.4 million barrels from the previous week.

U.S. wholesale prices rose 0.2% in October, signaling stable inflation and potential Fed rate cut, while unemployment claims decline, showing a steady economy.

Disney’s streaming surge boosts revenue despite traditional TV declines, while Advance Auto reports sales drop and strategic restructuring for growth.

Eurozone economy shows resilience in Q3, yet US tariff risks may impact ECB’s rate decision and labor market stability.

September labor market report hints at cautious BoE approach as rising wages and vacancies complicate inflation outlook.

Year-ahead inflation expectations declined from 2.7% to 2.6%.

Germany needs a stable and reform-oriented government to respond to the impact of US president-elect Donald Trump’s potential policy shifts that will impact Germany’s trade, fiscal and defence policies.

Fed sees risks to both sides of its dual mandate.

Bank of England trims rates by 25bps, signaling a cautious easing approach as inflation slows but future tax hikes raise economic uncertainty.

Trump’s tariff threat casts shadow over Germany’s fragile recovery amid economic slowdown

Gasoline inventories increased by 0.4 million barrels from the previous week.

Donald Trump’s emphatic victory in the US presidential elections is a net negative for US risks over the medium run because it raises financial risk, although nearer-term implications for the economy are more mixed.

Trump’s election lead sends stocks, Bitcoin, and the dollar surging as investors bet on a pro-growth agenda. Discover market reactions and future forecasts.