Financial News
- Vladimir Zernov
The report showed that companies did not want to invest in capital and inventory amid political uncertainty.
- Dennis Shen
Questions remain over the UK autumn budget’s ability to meaningfully boost long-run economic growth. The easing of budgetary constraints and reduced monetary flexibility pose economic risks.
- James Hyerczyk
U.S. October jobs report shows only 12,000 new jobs, missing forecasts. Unemployment steady at 4.1%—what’s driving the labor market slowdown?
- Bob Mason
China’s Caixin PMI returns to expansion, signaling stronger demand but raising cost and employment concerns.
- James Hyerczyk
Apple, Amazon, and Intel earnings reveal key industry trends as growth in cloud, iPhone sales, and AI position these tech giants for 2024 competition.
- Vladimir Zernov
Natural gas prices test new lows as traders react to the EIA report.
- James Hyerczyk
Microsoft’s cloud growth boosts earnings, Meta outperforms but misses user targets, and Starbucks strategizes for recovery after sales drop.
- Vladimir Zernov
Gasoline inventories decreased by 2.7 million barrels from the previous week.
- James Hyerczyk
U.S. Q3 GDP grew 2.8%, missing the 3.1% forecast as consumer spending slowed. Rising imports and weak housing investment also dampened growth.
- James Hyerczyk
October’s ADP report surprises with 233,000 private jobs added, driven by health, trade, and hospitality sectors—beating forecasts by over 100,000.
- Bob Mason
Stronger Eurozone Growth Fuels ECB Rate Speculation; Germany Rebounds in Q3.
- James Hyerczyk
Alphabet leads in earnings, beating forecasts with cloud growth. Snap, AMD, and Reddit show mixed results as tech stocks prepare for short-term gains.
- Vladimir Zernov
CB Consumer Confidence increased to 108.7, beating analyst estimates.
- James Hyerczyk
U.S. home prices rose 4.2% YoY in August, while 20 major cities saw a 5.2% gain. High mortgage rates continue to dampen demand and growth.
- James Hyerczyk
Pfizer Q3 earnings beat expectations, driven by Paxlovid sales. Cost-saving goals aim for $4B by 2027 as Covid demand slows. Investor concerns rise.
- Bob Mason
German consumer confidence rises in November, hitting highs since April 2022, yet recession fears weigh on economic sentiment.
- Vladimir Zernov
The report showed that production index moved back into the positive territory amid rising factory activity.
- Vladimir Zernov
Long-run inflation expectations declined from 3.1% to 3.0%.
- James Hyerczyk
U.S. Durable Goods Orders fell 0.8% in September, defying forecasts for a deeper drop and signaling resilience in the manufacturing sector.
- Bob Mason
The German Ifo Index beats forecasts, signaling optimism in business sentiment, but challenges remain for the Eurozone’s broader recovery.