Financial News

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.

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.