Financial News

Private payroll growth slows to 150,000 jobs in June, down from 157,000 in May, indicating a cooling labor market.

Earlier, Fed Chair Powell noted that prices were showing disinflation trend.

The latest inflation and employment data for the eurozone indicate a slight easing of price pressures overall, but persistent core inflation.

The manufacturing sector contracted for the third consecutive month.

While elections in Europe are in focus, the Bank of Japan and the RBA will also be in the spotlight as investors consider possible rate hikes in Q3 2024.

Ethereum price reclaimed the $3,400 level on June 29, as Bloomberg analysts highlight the possible launch date for ETH spot ETFs next week

Crypto’s political stance solidifies with Donald Trump emerging as the favored candidate, signaling a unified front against regulatory challenges in the US.

Core PCE eased from 2.8% in April to 2.6% in May, indicating progress in inflation control, but still above the Fed’s 2% target.

UK economy shows resilience in Q1 2024, with 0.7% GDP Growth; Services sector growth could be a headache for the Bank of England.

Q1 GDP growth slows to 1.4%, unemployment claims drop but insured unemployment rises, durable goods orders increase for fourth straight month.

Rising crude oil inventories and declining refinery inputs and gasoline production signal potential downward pressure on crude prices.

The latest numbers suggest a cautious consumer outlook, potentially signaling reduced spending ahead and implications for ECB rate policy in Q3 2024.

The dip in consumer confidence, especially in future expectations, suggests a cautious outlook for the market.

S&P CoreLogic Case-Shiller Index hits a record high, U.S. home prices stabilize, and FHFA reports continued increases.

Amidst fluctuating bets on a September Fed rate cut, inflation numbers from Australia could push the RBA into a rate hike as the Yen sinks toward 160.

It has been a week to forget for the crypto market, with BTC dropping below $64,000, but the launch of ETH-spot ETFs could change the mood.

Natural gas prices are trying to rebound from weekly lows as traders react to the EIA report.

Business activity is rising in both manufacturing and services sectors.

Germany’s economic growth in June was hindered by a marked decline in manufacturing, while the services sector continued to perform well.

UK retail sales rebounded in May and could impact the Bank of England’s August policy decision. UK private-sector PMIs are out next.