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[CNBC] Stocks move higher as traders await big tech earnings, eye trade developments: Live updates [Yahoo/Bloomberg] Gold Rises With US Interest-Rate Cuts and Tariff Agenda in Focus [Yahoo/Bloomberg] Yen firms as investors gird for political uncertainty [Yahoo/Reuters] US not rushing trade deals ahead of August deadline, will talk with China, Bessent says [CNBC] U.S. plays […]
[AP] Japan’s governing coalition likely to lose upper house election, exit polls show [Reuters] Japan PM laments ‘harsh’ election result as upper house control slips [Reuters] Wall St Week Ahead Industrial sector’s gains to be tested as earnings ramp up [Yahoo/Bloomberg] ‘Priced for Perfection’: Tariffs Loom Over Richly Valued Stocks [AP] Less selection, higher prices: […]
[Reuters] Wall St Week Ahead Industrial sector’s gains to be tested as earnings ramp up [AP] Trump’s attacks on Powell threaten the Fed’s independence. Here’s why it matters [Axios] Trump’s fiscal dominance risk: High tariffs and interest rates long term [Yahoo Finance] Fed’s Goolsbee defends Powell as ‘totally honorable guy’ amid White House attacks [Reuters] […]
In his argument for a July rate cut, Fed Governor Christopher Waller states that “tariffs are one-off increases in the price level and do not cause inflation beyond a temporary surge.” Moreover, “a host of data argues that monetary policy should be close to neutral, not restrictive.” “The [GDP and employment] data imply the policy […]
[CNBC] S&P 500 little changed after benchmark hits record, Wall Street heads for winning week: Live updates [Yahoo/Reuters] Fed’s rate-cut delay intact as inflation fears override Trump pressure [Yahoo/Bloomberg] Carmakers Face Uncertainty as Tariffs and Earnings Collide [Yahoo/Bloomberg] Crypto Market Value Tops $4 Trillion as Stablecoin Bill Passes [Yahoo/Bloomberg] Traders’ Guide to Navigating Japan’s Upper […]
While the S&P 500 showed little activity this week, precious metals sparked significant excitement among investors. Let’s take a look at where precious metals stand as of Wednesday, July 16: Gold edged up 0.75% to near $3,350 per ounce. The real story, however, was the volatility: we saw $60 swings in gold’s price in a […]
[CNBC] Stocks are little changed as traders digest earnings, Trump-Powell feud: Live updates [AP] Retail sales up a surprising 0.6% in June after a May pullback by consumers [Yahoo/Reuters] US weekly jobless claims fall; job growth appears steady in July [Yahoo/Bloomberg] Trump Escalates Campaign Against Fed Chair Powell [Yahoo/Bloomberg] Trump Eyes Tariff Rate of 10% […]
[CNBC] S&P 500 futures rise after solid bank earnings, tame inflation data: Live updates [Yahoo/Bloomberg] Gold Edges Up as Trade War Concerns Support Haven Appeal [Yahoo/Bloomberg] Oil Slides for Third Day as Traders Wait for US Inventory Data [CNBC] Central banks are increasingly buying gold from local mines as prices surge [CNBC] Wholesale inflation measure […]
